Japanese Government's Efforts to Attract Foreign Businesses

May 09, 2018

Open the Door to Success in Japan

To attract business investment to Japan, the Japanese government takes several initiatives to improve the business environment for foreign companies: 

1. Five Promises to
Attract Foreign Businesses to Japan

The Japanese Government held a meeting of the Council for Promotion of Foreign Direct Investment with attendance by the Prime Minister on March 17, 2015, and adopted the following five promises to solve inconvenience or impediments indicated by many overseas companies as standing in the way for them to choose Japan as the invest destination.

  1. Removing language barriers at retailers and restaurants
  2. Improving internet connectivity (Free Wi-Fi)
  3. Receiving business jets at regional airports
  4. Enhancing educational environment for expatriate children
  5. Strengthening consultation services for foreign businesses by State Ministers.

2. Policy Package to
Resolve Issues Hindering the Foreign Companies’ Entrances into Japan

Leveraging the TPP as a driver, the government adopted policy package for promoting foreign direct investment into Japan to make Japan a global hub for trade and investment on May 20, 2016.

  1. Simplification of regulations and administrative procedures pertaining to foreign companies.
  2. Accept highly-skilled foreign professionals (“Japanese-version” green card” system)
  3. Improvement of the living environment for foreign nationals
  4. And more

3. Abenomics Is Progressing
- Toward the Reinvigoration of the Japanese Economy

  1. Reduced the effective corporate tax rate below the 30% mark
  2. Reinforced corporate governance
  3. Reform of bedrock regulations
    - Healthcare sector reform
    - Electricity and gas market reform
    - Pilot initiatives in national strategic special zones
  4. Relax requirements for expatriates to be accredited as “highly skilled professionals”

Video: the Government's Strategies to Make Japan the World's Most Business-Friendly Nation

Want to Invest in Japan? Talk to JETRO First


The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. Since 2003, JETRO has supported more than 15,000 business investment projects and helped over 1,500 companies successfully invest in Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.

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