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Establishing an Office in Japan ESTABLISHING AN OFFICE IN JAPAN 2014 01 Japan’s Business Advantages As you expand your business globally, consider Japan as an attractive location for investment. By establishing a physical presence in Japan, global companies can benefit from special advantages. • One of the largest economies in the world • Attractive and strategic government incentives • Large numbers of leading global companies • Advanced business infrastructure and Small-to-Medium-sized companies (SMEs) with proprietary technologies • Well-developed laws and regulations (Intellectual Property Rights, etc.) • Industry clusters of innovative companies with outstanding technologies and • Higher quality of life (safety, convenient R&D capabilities transportation systems, etc.) • Highly-skilled work force • Exceptionally high Japanese consumer demands Find more information: that foster the design of products and services www.jetro.go.jp/en/invest/whyjapan that are competitive in world markets 02 Incentive Programs The Japanese national and local governments offer subsidies, preferential taxation and fast-track immigration procedure to encourage investment in Japan. JETRO can help you collect information on relevant incentive programs to make your entry into the Japanese market as cost effective as possible. Subsidy Program for Projects Promoting Foreign Direct Investment, Site Location and Regional Development in Japan (Project of Site Location for Global Companies) Every, year the Ministry of Economy, Trade and Industry (METI) of Japan funds a highly competitive subsidy program. This program offers incentives of up to 500 million Japanese yen to global companies who plan to establish new high-value-added business operations in Japanh suc as regional headquarters or R&D facilities. The program subsidizes survey design costs, facility costs, equipment costs and facility rental charges, which lower a company’s overall costs of entering the Japanese market. Since 2010, METI has funded over 20 projects from companies around the globe, including 8 U.S.- owned companies. For more information: Incentive Programs www.jetro.go.jp/en/invest/incentive_programs/ Regional Information www.jetro.go.jp/en/invest/region/ 03 Opening an Office in Japan Sponsored by the Japanese government, JETRO helps companies establish an office in Japan. Our business development specialists will guide you through the process of opening an office in Japan at no cost. Since Fiscal Year 2003, JETRO has supported over may be the most convenient, cost-effective way to enter 10,000 foreign companies establishing a presence in into the Japanese market. The IBSC is: Japan. Over 1,000 companies successfully opened their Japan office, utilizing JETRO’s services. Located in six major Japanese cities: Tokyo, Yokohama, Nagoya, Osaka, Kobe, and Fukuoka Individual Consultation Close to major government offices JETRO serves as Japan’s one-stop center to set up your Conveniently located near key business resources business in Japan. JETRO staff walks you through procedures of establishing an office in Japan and JETRO can also assist you in finding permanent office provides information on all aspects of doing business spaces. such as market and industry information, incentive programs, regulatory guidance, company registration, taxation, labor and legal issues, staff hiring, and residence and work visas. JETRO can also make referrals to our affiliated service providers to receive fee-based services such as Tokyo company registration, legal/tax/social insurance reporting, Nagoya Kobe office rental, hiring and payroll processing, and other Fukuoka services. Yokohama Osaka Temporary Office Space Ats JETRO’ Invest Japan Business Support Center (IBSC), free, temporary office space is available to serve as your Find more information: base of operations while you register your company and How to Set Up Business in Japan www.jetro.go.jp/en/invest/setting_up/ set up permanent office facilities in Japan. The IBSC is staffed with experts in a variety of business disciplines JETRO’s IBSC who can provide advice and information critical to www.jetro.go.jp/en/invest/ibsc/ establishing a corporate presence in Japan. The IBSC 04 JETRO USA Clients JETRO has assisted many companies across a wide variety of industries. Find the experiences of our U.S. clients who successfully expanded their business to Japan at: www.jetro.org/usa/usatojapan/JETROclients/ Automotive Cooper-Standard Automotive (automotive systems & components) DURA Automotive Systems (automotive parts) Intrepid Control Systems (vehicle network and embedded tools) Lacks Enterprises (automotive parts) Link Engineering Company (transportation test systems) Miniature Precision Components (MPC) (injection molding and assembly) Scuderi Group (engine technology) Siegel-Robert (automotive parts) *acquired by Guardian and renamed as SRG Global Tesla Motors (electric vehicles) 05 JETRO USA Clients Cleantech CoreLab Partners ARI Technologies (medical imaging and cardiac (waste processing technology) safety services) *merged with BioClinica SSI Shredding Systems (industrial shredding solutions) Labcyte (low-volume liquid handling systems) Healthcare Luminex Acucela (biological testing technologies) (developer of orally-delivered visual cycle modulation therapies) NeuroSky (brainwave sensors) American Medical Systems (medical devices) Nextdocs Corporation *acquired by Endo Health Solutions (healthcare software provider) (then Endo Pharmaceuticals) SFJ Pharmaceuticals BBK Worldwide (pharmaceutical consulting) (patient recruitment) Shire Biomedical Systems (orphan drug) (medical data analysis) Celgene (biopharmaceutical products for hematological and solid tumor cancers) 06 JETRO USA Clients Information and LitePoint Communications Technology (test solutions for wireless devices) (ICT) *acquired by Teradyne Accel North America (outsourced software development for NeoPhotonics consumer electronics) (photonic integrated circuits) Amazon.com Nexenta Systems (online shopping) (enterprise storage solutions) Applied Predictive Technologies Peribit Networks (cloud-based predictive analytics software) (routing & switching equipment) *acquired by Juniper Networks Connexis (telematics and ReachLocal connected multimedia) (online marketing) Coverity Responsys (source code analysis software) (cross-channel marketing software) *acquired by Synopsys *acquired by Oracle Entropic Communications Sagantec (fabless semiconductor for (EDA) connected home entertainment) Universal Display Corporation FireEye (OLED products) (network security software) VeriSilicon InterCall (semiconductor design and (teleconferencing systems) manufacturing) Lion Precision Vidyo (sensors & equipment) (video conferencing solutions) Vision Critical (insight communities provider) 07 JETRO USA Clients Manufacturing Materials ABP Induction Molycorp (metal casting induction systems) (rare earth oxide) Advantek (electronics packaging) Non-profit Chicago Powdered Room to Read Metal Products (literacy and gender equality (powdered metal parts) in education) Earthquake Protection Systems (EPS) (seismic isolation systems) Retail Abercrombie & Fitch FARO Technologies (apparel) (measurement devices) Costco Genesis Systems Group (wholesale) (robotic systems integrator) Forever21 Micromeritics Instrument (apparel) Corporation (material characterization solutions) Red Wing Shoes (shoes and boots) RAE Systems (radiation detection and monitoring) Sweet Endeavours *acquired by Honeywell (chocolate) Tommy Bahama (retail apparel and home furnishings) Vera Bradley (handbags and luggages) 08 JETRO USA Clients Services Graduate School USA Advisory Research Inc. (ARI) (education) (investment advisory) IMS Research Amtech USA (marketing research) (US-Japan business consulting) *acquired by IHS Aviation Concepts Osha Liang (airline services) (intellectual property law firm) Boston Technologies Quinn Emanuel (derivative trading) (business litigation) Consultant Solutions Travelzoo (business services) (online travel service) Edelman ZS Associates (public relations) (business services) Elanex (translation) Gemba Research (consulting) *merged with Kaizen Institute USA 09 JETRO Client Experience NeoPhotonics means they dedicate a great deal of their resources to San Jose, California local businesses. “It is very appealing that we can receive A leading provider of photonic integrated circuit (PIC) necessary government support specific to this area,” based modules and subsystems for use in optical commented Mr. Tamotsu Kimura, Managing Director of communications networks NeoPhotonics Japan. Japan Office Utilizing the Japanese Subsidy Program NeoPhotonics Japan G.K. NeoPhotonics’ R&D site in Japan was selected for the Hachioji, Tokyo Subsidy Program for Projects Promoting Asian Site Year founded: 2011 Location in Japan, offered by the Japanese Ministry of Economy, Trade, and Industry (METI). It was the first time NeoPhotonics(NYSE: NPTN) has rapidly NeoPhotonics had received a government subsidy. It expanded their global presence since 1996. Their helped lower their overall costs of entering the market. worldwide headquarters in San Jose and their Chinese “[The subsidy program] encouraged the company to headquarters in Shenzhen serve as their key manufacturing invest in Japan,” Mr. Kimura said. “It definitely raised locations, with sales offices located in North America, expectations for the Japanese market within the Europe, and Asia. Their Japanese R&D office was company.” opened in 2011 to serve three functions: R&D, sales support, and part procurement
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