Investing in Japan
Latest UpdatesProgram to increase foreign entrepreneurs
May 27, 2016
A program making it easier for foreign nationals to start up business in Tokyo has been launched. Foreign nationals wishing to start up business in Japan need to obtain a “business manager” visa. To obtain this status of residence, the applicant must employ at least two people full-time, or invest at least 5 million yen in Japan in addition to opening an office. To fulfill this requirement, foreign entrepreneurs need to do advanced preparation before entry into Japan. Therefore stating up business without a Japanese partner present a high hurdle to foreign entrepreneurs.
For smoother business startups by foreign nationals, Tokyo Metropolitan Government launched a new program. Through this program, however, even an applicant who doesn’t fulfill these requirements at the time of the entry can obtain a status of residence (business manager) for the first half a year after entry, if the Tokyo Metropolitan Government can confirm that the applicant has enough prospects for fulfilling the conditions within
half a year after entry by conducting screening of his/her business plan and other information prior to the immigration screening. Please use this
system to your advantage if you plan to set up business in Japan.
For more details, please see the link below
Program to increase foreign entrepreneurs
Business Development Center TOKYO (BDC TOKYO)
Business Development Support Desk:
7F ARK Mori Building, 12-32 Akasaka, 1-chome, Minato-ku, Tokyo