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Company Registration Information

 

  

 General Instruction for IT, BT, ESDM, and AVGC Registration:

 

  1. Companies involved in the activities listed below are eligible to register with Karnataka Innovation and Technology Society (KITS) :
  1. The Companies Registering for the first time should sign up by entering all the fields in the Sign-up page (Sector type, Mail id, Company name, Mobile number, etc).
  2. Once the user successfully Signs up, an activation link will be sent to the user’s email.
  3. Users should click on the link to activate the account and log in using Registered mail-id. (Note: The activation link will be valid only for 10 minutes).
  4. After the successful sign-in, the user will be navigated to the user dashboard, where the user should mandatorily Register for Digi-locker after which the user will be redirected to the main page.
  5. Users should fill in all the mandatory fields required for the Registration.
  6. Before submitting the application users should mandatorily E-sign their application.
  7. Processing Fees payment as indicated below has to be made by the user.

 

“Online Payment Gateway to be used mandatorily. No submission of DD or NEFT/RTGS transfer allowed.”

 

Processing fees Structure for IT, BT, ESDMand AVGC Registration

Details

Registration  Fee

IT, BT & ESDM Company

Rs. 10,000/- + ( 18% GST)

AVGC Company

Rs. 5,000/- + ( 18% GST)

IT & BT Park

Rs. 20,000/- + (18% GST)

One-Time Application Processing Fee under Karnataka IT Policy 2020-25.

Details

Processing Fee

       1.            IT Hubs/Clusters

       2.            Co-working Spaces/Plug and Play Infrastructure

Rs. 20,000/- +(18% GST)

       3.            Lease/Rental Reimbursement.

       4.            Exemption on Stamp Duty

       5.            Power Tariff Concession

       6.            Quality Certification Cost Reimbursement

       7.            Marketing Cost Reimbursement

       8.            Reimbursements of PF/ESI

       9.            Patents Cost Reimbursement

      10.           R&D Support.

Rs. 10,000/- +(18% GST)

Processing fees  towards Power Tariff Concession to  BT Companies

Details

Processing Fee

Project Cost –Up to 50 Million (5 Crores)

Rs. 20,000/- + ( 18% GST)

Project Cost –Up to 50 to 100 Million (5-10 Crores)

Rs. 40,000/- + ( 18% GST)

Project Cost –Up to 100 to 150 Million (10-15 Crores)

Rs. 60,000/- + (18% GST)

Project Cost –Up to 150 to 500 Million (15-50 Crores)

Rs. 70,000/- + (18% GST)

Project Cost –Up to 500 to 1000 Million (50-100 Crores)

Rs. 1,00,000/- + (18% GST)

Project Cost – Above 1 Billion (Above 100 Crores)

Rs. 2,00,000/- + (18% GST)

Project Cost – Above 10 Billion (Above 1000 Crores)

Rs. 4,00,000/- + (18% GST)

    * Processing Fees payment as indicated above is not refundable.
  1. The Registered Certificates would be pushed to the users Digi-locker which could be downloaded by Users.

 

To avail Incentives & Concessions for registered users:

 

  • Once the Registration Certificate is generated successfully, the incentive/concessions form would be enabled, in the User’s Dashboard.
  • Users should fill in all the necessary details and upload the documents required for the incentives/concessions application form. Users should e-sign the application before submitting the application.

 

CLICK HERE - To Register with IT/BT/ESDM/AVGC

To Register with Startup Karnataka - CLICK HERE                            

Last Updated: 07-09-2021 03:45 PM Updated By: Admin


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