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JETRO "Invest in Japan" Newsletter
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================== JETRO e-mail newsletter ========================== JETRO “Invest in Japan” Newsletter ====================================================================== Thank you for subscribing to “Invest in Japan.” This is an e-mail newsletter targeting foreign-affiliated companies looking to expand business in Japan. ====================================================================== ----------------------< In this month's news >---------------------- << Events >> * Osaka City Investment Promotion Seminar "WHY OSAKA?-Growing Opportunities for Digital Content Businesses and Information Appliances" << Projects >> * New Incentive for Firms Renting Office Space in Yokohama * Information on Incentive Programs for Foreign Companies Setting up Business Operations in Osaka (FY 20**) << Examples of investment in Japan >> * ******** Company ******** Opens Branch Office in Aichi * ******** Precision Machinery Manufacturer ******** Opens Japan Arm in Chiba * ******** Black Pearl Producer Sets up Shop in Kobe's Pearl City << News >> * Japan Enacts Social Security Agreements with Australia and the Netherlands * Asia-Pacific Green Tech Forum ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ << Events >>++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ * Osaka City Investment Promotion Seminar "WHY OSAKA?-Growing Opportunities for Digital Content Businesses and Information Appliances" This ******** **th in Tokyo, the City of Osaka and the IBPC Osaka InvestmentPromotion Center will organize a seminar aimed at highlighting the advantages of Osaka as an investment destination. The event will feature presentations by leading companies, research institutions and government agencies, as well as a networking reception. All are invited to attend. Admission is free, but pre-registration is required. All presentations will be made in English. *For more information or to register, please see the link below >>http://www.*********************************** Basic event details: *****, ******* ***th, 20**, Happo-en (1-1-1 Shirokanedai, Minato-ku, Tokyo) Foreign-affiliated and local companies, universities, R&D centers, etc. City of Osaka / IBPC Osaka Investment Promotion Center Free of charge ******************** Tel:***-***-**** E-mail: ******************** ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++<< Projects >>++++++++++++++++++++++++++++ * New Incentive for Firms Renting Office Space in Yokohama The city of Yokohama has launched a new incentive scheme aimed at attracting business to the city. The scheme, which runs for three years starting this April, provides a subsidy of up to 100 million yen per year to firms renting facilities to set up a new office or R&D center in five designated business districts in Yokohama. The subsidy amount is on a progressive scale, with firms making larger profits entitled to a larger amount of subsidy. Please read the details below to learn why you should bring your office to Yokohama, one of the most convenient and cost-effective business locations in Japan’s capital area. Approved companies can receive an equivalent of approximately 50% the amount of corporate inhabitant tax (the firm will be paying after setting up operation in designated districts) for three years. three years -Minato Mirai 21, -Yokohama Station area -Kannai -Shin-Yokohama Station area -Kohoku New Town Corporate headquarter office or R&D facility using a rented office space (in designated business districts) -100 or more employees in Yokohama operation(s) -Ordinary profit of 100 million yen or more in the latest business year ending before application is filed, or a total of 300 million yen or more in the latest three business years ending before application is filed. *For more information >>http://www.*********************************** ******************** Tel:***-***-**** E-mail: ******************** ---------------------------------------------------------------------- * Information on Incentive Programs for Foreign Companies Setting up Business Operations in Osaka (FY 20**) Osaka city and prefecture support overseas companies setting up business in Osaka. 1. Osaka Prefecture: Support Program for Foreign Companies (subsidy offered by the Osaka Business and Investment Center or O-BIC) Eligible companies: Foreign companies (with one third or more foreign capital ownership) that are preparing to set up a new head office or branch in Osaka by March 10th, 2010, and are receiving support from O-BIC, JETRO IBSC Osaka or local municipalities. Eligible expenses O-BIC will subsidize 50% of the expenses incurred by the foreign company in obtaining permits, licenses and registrations, acquiring status of residence and real-estate brokerages, for up to 500,000 yen. For details: >>http://www.*********************************** 2. Osaka City: Osaka Business Establishment Promotion Subsidy for Key Urban Industries(offered by IBPC Osaka Investment Promotion Center) Eligible companies Companies in designated "Key Urban Industries(*)" that are preparing to establish a new business operation in Osaka city between March 2, 2009 and March 1, 2010, and are receiving support from Osaka City or a related investment promotion agency. (*) Key urban industrial fields: 1) medical and welfare; 2) information and telecommunications; 3) biotechnology and nanotechnology; and 4) robot technology. (For foreign companies, also: 5) lifestyle and culture; 6) the environment; and 7) human resources.) Requirements: There are 12 requirements that companies must satisfy, including: 1) the new business presence will be located in Osaka city; 2) the size of the business premise will be at least 100 sq meters; and 3) the new business will hire at least 10 staff. Eligible expenses: Building rental costs (up to a maximum of 5 million yen per company) Subsidy period: Three months or less from the date of establishment of a new business presence For details: >>http://www.*********************************** ■ Subsidy for New Business Establishment of Enterprises & Universities (1) Basic Model - Subsidy for Construction A subsidy of up to 5% of total eligible expenses (up to a maximum of 300 million yen) for a company planning to newly build, own or set up business premises. (2) Special Measures for Headquarters Establishment - Rental Subsidy A subsidy of a portion of building rental costs (up to one third of eligible expenses with a maximum of 60 million yen) for a company in a cutting-edge industry that is planning to establish or expand their headquarters. (3) Subsidy for the Establishment of Universities - Rental Subsidy/Infrastructure Investment Subsidy A subsidy of building rental costs (up to one half of eligible expenses with a maximum of 27 million yen (54 million yen for a foreign university)) or expenses incurred in infrastructure investment (5% of infrastructure investment costs with a maximum of 300 million yen) for the establishment of a university, etc. For details: >>http://www.*********************************** ■ Subsidy for Land Acquisition in Sakishima Cosmosquare A subsidy of up to 30% of land acquisition costs (up to a maximum of 1 billion yen) for purchasing city-owned land in the Sakishima Cosmosquare District. For details: >>http://www.*********************************** ******************** Tel:***-***-**** E-mail: ******************** ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ +++++++++++++++<< Examples of investment in Japan >>+++++++++++++++ ++-+- Businesses Expanding in the Japan Market -+-++ *Latest information↓ >>https://www.jetro.go.jp/en/invest/newsroom/businesses/ - - --------------------------------------------------------- - - - - --------------------------------------------------------- - - * ******** Company ******** Opens Branch Office in Aichi In January 20**, ******** company ******** Co., Ltd. opened a branch office in Aichi Prefecture. The company manufactures plastic molds and press dies for producing autoparts and electronic components. Some 90% of *****'s exports are to Japan, with particularly rapid orders growth from Nagoya, prompting ***** to open a branch in Kasugai, Aichi Prefecture to ensure long-term stable relations with existing customers and to help find new customers. Management's plans for the office include boosting customer support and business growth. >>http://www.*********************************** ------------------------------------------------------------------ * ******** Precision Machinery Manufacturer ******** Opens Japan Arm in Chiba ******** Ltd., a ******** precision machinery manufacturer, established ******** K.K. in Chiba in December 20** to expand its client base, to support existing customers and to provide its measurement services in Japan. Established in ****, ********** offers a range of products for the measurement of residual stress, etc. In North America, the firm has secured the business of national laboratories, aircraft makers and other clients engaged in R&D. The company has been selling its products in the Japanese market via an agent but, with the establishment of a Japanese subsidiary, it will begin direct sales in order to pursue a greater presence in the Japanese market. >>http://www.*********************************** ------------------------------------------------------------------ * ********* Black Pearl Producer Sets up Shop in Kobe's Pearl City ****************, ******** black pearl producer, established ***********,in Kobe, Hyogo prefecture in June 20**, and commenced full-scale operations from this August. The firm, which operates its own cultivation centers in French Polynesia, chose Kobe for its business because Kobe-nicknamed "Pearl City" is both the center of the global pearl trade and the heart of Japan's pearl business, handling over 80% the country's pearls. *******, the firm's president, explained, "Setting up an office in Japan, even allowing for certain costs and complex preparations, was well worth it to have a presence in the world-famous Pearl City." >>http://www.*********************************** ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ << News >>++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ * Japan Enacts Social Security Agreements with Australia and the Netherlands Regular employees dispatched from Australia and the Netherlands to Japan are exempted from obligation to enroll in the country's pension system (the agreement for the Netherlands also covers the medical insurance system), due to implementation of social security agreements between Japan and the two countries in January 20** and March 20** respectively. The agreements ensure that citizens from these countries do not have dual pension/insurance liabilities. Japan already has such agreements in place with Canada, France, Belgium, the United States, South Korea, the United Kingdom and Germany; and signed a pact with the Czech Republic, Spain and Italy. *For more information: JETRO Investment News >>https://www.jetro.go.jp/en/invest/newsroom/detail/o2009001.html ------------------------------------------------------------------- * Asia-Pacific Green Tech Forum In conjunction with APEC Japan 20**, JETRO will hold the Asia-Pacific Green Tech Forum on ***** **th in Chiba. The forum will offer a platform for leading green tech-related companies and venture firms from APEC economies to share their models of cooperation with Japanese companies and also strategies for the future. Companies and business persons seeking new opportunities in green business are cordially invited to attend. *For more information or to register, please see the link below >>http://www.*********************************** ***** **th (***), 20**; **:**-**:** (Reception opens at **:**) JETRO Ministry of Economy, Trade and Industry (METI), U.S. Embassy, Tokyo, Australian Embassy, Tokyo, Chiba Prefecture. Makuhari Messe, Convention Hall **********(USA)、**********(Australia)、**********(USA) Invest Japan Division, JETRO (Mr. *****, Ms. *****) TEL: ***-***-**** FAX: ***-***-**** Email:******************** ---------------------------------------------------------------------- -----------------< About this e-mail news service >----------------- * This monthly e-mail news service features information about events held by local government bodies nationwide for foreign-affiliated businesses in Japan, as well as investment incentives, industrial information, and details about facilities such as incubation centers around the country. * Information given when registering for this e-mail news service is used by JETRO for internal information purposes only. * Please direct all inquiries regarding the news contained in this service by following the contact details listed in each individual item, and direct inquiries regarding the operation of this e-mail news service to the following. [Publisher] Invest Japan Promotion Division, JETRO Mr. *****, Ms. *****, [Inquiry] (Tel) +81-3-3582-5312 (Fax) +81-3-3584-6024 (E-mail) JAA@jetro.go.jp (URL) https://www.jetro.go.jp/en/invest/ -----< Change of registered information, Unsubscribe of address >----- * Please click on the following URL >>https://www.jetro.go.jp/customer/login.do?lang=en * Unauthorised redistribution, reproduction, posting on notice boards or on any intranet is prohibited. -----< How to sign up to receive the Japanese version of the "Success in Region" news magazine >----- * Please click on the following URL >>https://www.jetro.go.jp/mail/list/#success ----------------------------------------------------------------------