Investing in Japan
Chinese lighting equipment manufacturer Dalian Lufei Photoelectricity Technology establishes Japan subsidiary in Chiba as joint venture with Japanese company
Jun 21, 2017
Dalian Lufei Photoelectricity Technology Co.,Ltd is a Chinese company that manufactures and sells LED lighting equipment and indirect lighting for outdoor and indoor use. Since its establishment in 2008, it has been exporting to the Japanese market, where its goods have been used in commercial facilities and for illumination on street trees.
In order to bolster its sales and support system in Japan, the company established its Japanese subsidiary Milight LLC in Funabashi, Chiba in October 2016. The Japanese corporation is a joint venture with Tlight Co., Ltd., a company headquartered in Osaka Prefecture which has acted as Dalian’s exclusive agent in Japan.
Milight, which started a full-fledged business in December 2016, is a recipient of the “Office Lease Subsidy for Foreign-Affiliated Companies in Chiba Prefecture in FY2016," allowing it to enjoy partially subsidized office rent in Funabashi.
For the establishment of its subsidiary in Japan, the JETRO Invest Japan Business Support Center (IBSC) provided support in the form of consultations (on legal and tax matters, labor affairs, etc.) as well as referrals to the local government and an administrative scrivener.