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Regional Information Okinawa

Okinawa as a Business Hub that connects Asia and Japan

Your Regional Guide : Hamamoto, Sunagawa, Kyo

  • Inquires about investment in Japan.

Business Concierge OkinawaExternal site: a new window will open.

Okinawa Sangyo Sien Center4F 1831-1 Oroku, Naha City, Okinawa, Japan 901-0152
Tel: +81-98-894-6288 Fax: +81-98-859-6233
business_s@okinawa-ric.or.jp

Okinawa

  • If you can't find the information you need, please contact JETRO .
  • Please note that inquires not regarding investment in Japan may not be answered.

The information below is as of January 2017.

Basic Information

Population *1 1.43 million
Labor force *1 0.6 million
Area *2 2,281.1 km²
GDP *3 3,881,803 million yen
Major industries Tourism, agriculture/fisheries, civil engineering/construction, petroleum, and wholesale/retail
Wage *4
Initial wage for university graduates(Average)
171,100yen
Initial wage for college of technology/junior colledge graduates (Average)
151,400yen
Initial wage for upper secondery school graduates (Average)
138,500yen
Scheduled cash eanings (Average)
237,200yen
Land price(for 1m²) *5
Land price for industrial use (Average)
55,700yen
Land Price for Commercial Use (Average)
123,400yen
Number of Establishments *6 67,284
Number of Employees *6 514,802
Offices overseas

Taipei, Taiwan / Hong Kong / Shanghai,Beijing, China ,Singapore

JETRO office

JETRO Okinawa

Regional Profile

Strength of the region's industries and economy

Okinawa Prefecture enjoys a highly favorable natural environment characterized by a subtropical maritime climate, along with a unique culture and history and other charismatic tourist and resort resources. It ranks as the nation's largest marine resort region, attracting over 7.9 million tourists annually from both Japan and abroad.
In addition, with Okinawa featuring the only "special economic zone" in Japan, the region offers various types of preferential treatment measures targeting national taxes, regional taxes and tariffs.

Available incentives

The most beneficial tax treatment measures in Japan can be accessed in the various special zones such as the International Logistics Hub Industry Development Zone, the Designated Information and Communications Industry Promotion Zone, and the Financial Business Promotion Zone.

Incentive name
Subsidies and Tax Breaks
Outline of Incentives (Requirements etc.)

Companies that locate in the International Logistics Hub Industry Development Zone receive a number of preferential tax treatment, such as 40% deduction from taxable income for corporation tax, and partial exemptions from local government taxes such as real estate acquisition tax and fixed asset tax.Companies are able to choose between alternative systems for the application of tariffs. (only in the International Logistics Hub Industry Development Zone ) Companies hiring more than three employees under 35 years of age receive subsidies equal to one third of the employees' wages (up to 1.2million yen). (Other conditions also apply.)

Incentive name

Outline of Incentives (Requirements etc.)

Low-interest financing offered by the Okinawa Development Finance Corporation can be available .

Services for investment in Japan

Providing market information Advice on the matters related to entering into Japanese market
Support for establishing a base Provision of facilities including a incubation office

Companies locating in Okinawa are eligible to use the support center inside the special free trade zone for the purpose of conference and business meetings, the center is also available as incubation office for advance. This is a part of our effort to further help newly advancing companies pave the way towards smooth business launches.
As support operations for firms that have advanced to the prefecture or companies planning to locate operations locally in Okinawa, prefectural full-time staffers provide introductions to companies in the prefecture, assistance by making coordination with customs clearance in the trade zone and assistance for obtaining certification of origin and other procedures for starting up business.

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