Wednesday, May 22, 2013

Tokyo's Special Zone for Asian Headquarters

Starting from April 1, 2013, Tokyo began to assist foreign companies to establish their headquarters in Tokyo. Foreign companies which registered their headquarters in this special area can enjoy the following benefits:

- Effective corporate tax rate shall be cut down to 28.9%, compared with the normal rate of 38%.
- Local government subsidizes half of company establishment cost such as fees related to obtaining "status of residence", fees for registering the establishment of the headquarters/R&D center and other relevant filing procedures and recruitment costs.

There are some conditions to apply for these subsidies.  Please contact us for details.