Lease Rental Subsidy Scheme — Up to 60% Rent Cover for Goa IT Units — Frequently Asked Questions
Answers to the questions founders most often ask about Lease Rental Subsidy Scheme — Up to 60% Rent Cover for Goa IT Units — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much does the Lease Rental Subsidy Scheme actually reimburse?
An eligible IT unit can claim up to 50% of its annual lease rentals, and that goes up to 60% if 30% or more of its employees are women. The percentage can rise further depending on how many Goan employees the unit has on its rolls, and the reimbursement runs for a period of 2 years.
Who is eligible to apply for this subsidy?
Any Information Technology Unit — new or already existing — whose operations are located in Goa can apply. Eligible legal forms are proprietorship firms, private limited companies, public limited companies, registered partnership firms, and limited liability partnerships. The unit's bank account, and those of its partners or directors, must also be linked to Aadhaar.
How long can an IT unit receive these benefits?
Lease rental reimbursement and upfront lease premium reimbursement are both provided for a period of 2 years. Units leasing land from GIDC or a government agency can also claim annual lease rentals after one year of operation, again for 2 years.
Is there a maximum cap on the subsidy?
Yes. For smaller business units the maximum benefit under the scheme is ₹10,00,000. There is no specified cap for Mega and other business units.
What is the application deadline?
There is no fixed deadline — the scheme runs on a rolling basis. Applicants can file on a quarterly, bi-annual, or annual basis after the relevant expenditure has been incurred.
Does the scheme take equity in my company?
No. This is a subsidy and reimbursement programme, so the government does not take any stake in the applicant unit in return for the support.
How do I apply for the Lease Rental Subsidy Scheme?
Applications are made online through the Goa Online portal. You register with an email ID and mobile number verified by OTP, complete the registration form with a login name and password, accept the declaration and terms, then log in. From the top ribbon, go to Services → IT Services, select the Lease Rental Subsidy Scheme, fill in all mandatory fields, upload the required documents, and submit to generate a unique registration number.
Do the bank accounts need to be Aadhaar-linked?
Yes. The bank accounts of the unit and of its partners or directors are required to be linked to Aadhaar as part of the eligibility conditions.
How long does approval and disbursement take?
Initial scrutiny against the checklist usually happens within 30 days of the application being received. Empowered Committee approval typically takes up to 60 days from the application receipt date, and after the sanction order is issued, disbursement follows within approximately 90 days from receipt. Applicant units are also re-assessed at the end of each fiscal year or installment period.
Does leasing from GIDC or a government agency qualify for the rebate?
Yes. The rebate applies where the space is leased from GIDC or any other government agency. Units that lease land from GIDC or government agencies can additionally claim reimbursement of the upfront lease premium they paid, along with annual lease rentals after one year of operation, for 2 years.
Is DPIIT recognition required for Lease Rental Subsidy Scheme — Up to 60% Rent Cover for Goa IT Units?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Lease Rental Subsidy Scheme — Up to 60% Rent Cover for Goa IT Units, though having it can strengthen your application and unlock other benefits.
Who offers Lease Rental Subsidy Scheme — Up to 60% Rent Cover for Goa IT Units?
Lease Rental Subsidy Scheme — Up to 60% Rent Cover for Goa IT Units is offered by Department of Information Technology, Government of Goa, a government body. It is provided as non-dilutive funding.
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