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Start Up Policy - Andhra Pradesh Government Policy  

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(@tajagna)
Member
Joined: 8 months ago
Posts: 16
20 July, 2019 4:23 PM  

For Startups : 

Promotions

Type of Benefit Fiscal
Benefit Details

Startups will be provided 50% (100% for SC / ST & women entrepreneurs) reimbursement for the exhibition stall rental cost for participating in the notified national/international exhibitions limited to 9 sq.m. of space.

Self Certification

Type of Benefit Non-Fiscal
Benefit Details

The  IT/ITeS industry are permitted  to file self-certifications for the following:

  • The Factories Act, 1948
  • The Maternity Benefit Act, 1961
  • The Contract Labour (Regulations & Abolition) Act, 1970 
  • The Payment of Wages Act, 1936
  • The Minimum Wages Act, 1948
  • The Employment Exchanges (Compulsory      Notification of Vacancies) Act, 1959
  • AP Shops & Establishments Act, 1988
Eligibility Criteria Only IT/ITes Startups 

3 Shift Operations

Type of Benefit Non-Fiscal
Benefit Details

General permission shall be available for 3-shift operations including women working in the night for Startups, subject to such units taking the prescribed precautions with respect to safety and security of employees.

Eligibility Criteria Only IT/ITes Startups 

Land Allotment

Type of Benefit Non-Fiscal
Benefit Details

Based on the business proposal and investment capacity land will be allotted

Eligibility Criteria Only IT/ITes Startups with at least 100 employees

Rebate on cost of land allotted

Type of Benefit Non-Fiscal
Benefit Details

A rebate on the cost of land will be provided at Rs. 60,000 per employee for Mega IT Projects and Rs. 40,000 per employee for small scale IT Projects, subject to a maximum of 80% of land cost  as determined by allotment agency.

Eligibility Criteria Only IT/ITes Startups

Reimbursement of VAT/CST

Type of Benefit Non-Fiscal
Benefit Details

Startups and Incubators will be reimbursed VAT/CST on goods supplied and on the sale or lease of goods.

 

For Incubators :

Reimbursement of VAT/CST

Type of Benefit Fiscal
Benefit Details

Startups and Incubators will be reimbursed VAT/CST on goods supplied and on the sale or lease of goods.

 

Contact Details :

Email: secy_itc@ap.gov.in

Download Policy Document

Reference https://www.startupindia.gov.in/content/sih/en/startup-scheme/state-startup-policies.html  

This topic was modified 2 months ago by Tajagna Vyas

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