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Targeted Industry Program for Asian Companies

This program is open to companies from China, Taiwan, South Korea, Vietnam, Thailand and India, where are the countries and regions with which Yokohama City is promoting exchanges, and engaged in priority industries designated by the City.
It offers such companies financial assitance to partially cover the expenses they incur in establishing their Yokohama operations.


Download
Leaflet of Targeted Industry Program for Asian Companies (FY 2011) (PDF file 130KB)

PDF files requires Adobe® Reader®.
Download Adobe Reader Adobe Reader download page

Eligibility Asian companies* that meet all of the following 3 conditions:
  1. Companies engaged in an industry related to IT, biotechnology, film, convention, environment, medical and welfare, high-tech, design, professional services, other services, travel agency, air transport. (Please inquire for the details of each industry)
  2. A new Yokohama operation must employ one or more people in addition to a representative.
  3. Companies that do not have HQ, branch office, sales office and the like that are already in operations in Yokohama.
*Asian companies shall meet one of the following 2 conditions:
  1. A company of which more than one-third voting rights or capital investment is possessed by an individual who is a nationality or resident of the following Asian countries and regions: China, Taiwan, South Korea, Vietnam, Thailand and India; or a company that is established under the law of these countries and regions.
  2. A company that is established under the law of one of the following Asian countries and regions: China, Taiwan, South Korea, Vietnam, Thailand and India, and has a branch office in Japan as well.
"Business Plan Summary" must be submitted to the City of Yokohama before signing a contract to rent premises.
Please be sure to contact Business Development Division before the contract.
Qualifying Cost Rent (includes maintenance charges and consumption tax, but excludes security deposit and key money)
Value of Subsidy An amount equivalent to 6 months' rent (Max. 3 million yen)
(*Please note that if the total value of subsidies applied for exceeds the budget for this program, subsidies to individual companies will be reduced by an amount necessary to keep the program within its budget.
The combined application of this subsidy and other incentive programs by the City of Yokohama is not allowed.)
When and Where
to Apply
Applications are accepted between April and December at the Business Development Division.
Subsidy Payment Schedule Companies that have signed the contract between January and December to rent the premises they will be using and submitted their subsidy application will have their applications reviewed by a screening committee in February of the following year to determine their eligibility.
Companies whose applications have been approved (rejected) will be notified in March by post, after which the subsidy will be transfered into a bank account that they have designated.



Head-Office Function Transfer Special Subsidy
- Special assistance for companies transfering their Head-Office functions to Yokohama! -


This program is open to Asian companies (China, Taiwan, South Korea, Vietnam, Thailand, India) that are already operating in Yokohama (but do not have head-office functions in Yokohama) that decide to move their head-office functions to Yokohama.

Eligibility Asian companies* that already have operations in Yokohama (branches, offices, sales offices, laboratories, etc.) and meet the following 2 conditions:
(*Joint-stock company, limited partnership, general partnership, limited private company, joint enterprise or branch office in Japan of a foreign company)
  1. Companies must be engaged in an industry related to IT, biotechnology, film, convention, environment, medical and welfare, high-tech, design, professional services, other services, travel agency, air transport.
  2. Companies must be transferring head-office functions with a floor area of at least 100sqm to Yokohama from outside the city.
*Asian companies shall meet one of the following 2 conditions:
  1. A company of which more than one-third voting rights or capital investment is possessed by an individual who is a nationality or resident of the following Asian countries and regions: China, Taiwan, South Korea, Vietnam, Thailand and India; or a company that is established under the law of these countries and regions.
  2. A company that is established under the law of one of the following Asian countries and regions: China, Taiwan, South Korea, Vietnam, Thailand and India, and has a branch office in Japan as well.
"Business Plan Summary" must be submitted to the City of Yokohama before signing a contract to rent premises. Please be sure to contact Business Development Division before the contract.
Qualifying Cost Rent (includes maintenance charges and consumption tax, but excludes security deposit and key money)
Value of Subsidy An amount equivalent to 6 months' rent (Max. 3 million yen)
(*Please note that if the total value of subsidies applied for exceeds the budget for this program, subsidies to individual companies will be reduced by an amount necessary to keep the program within its budget.
The combined application of this subsidy and other incentive programs by Yokohama City is not allowed.)

When and Where to Apply Applications are accepted between April and December at the Business Development Division.
Subsidy Payment Schedule Companies that have signed the contract between January and December to rent the premises they will be using and submitted their subsidy application will have their applications reviewed by a screening committee in February of the following year to determine their eligibility.
Companies whose applications have been approved (rejected) will be notified in March by post, after which the subsidy will be transfered into a bank account that they have designated.




Small-Scale Subsidy Program for Asian Company

This program is open to companies from China, Taiwan, South Korea, Vietnam, Thailand, India, Indonesia, Cambodia, Singapore, Sri Lanka, Nepal, Pakistan, Bangladesh, Timor-Leste, Bhutan, Philippines, Brunei, Malaysia, Myanmar, Maldives, Mongolia and Laos.
It offers such companies financial assistance to partially cover the expenses they incur when establishing their operations in Yokohama.


Download
Leaflet of Small-Scale Subsidy Program for Asian Company (FY 2011) (PDF file 122KB)

PDF files requires Adobe® Reader®.
Download Adobe Reader Adobe Reader download page

Eligibility Asian companies* that meet all of the following 3 conditions:
  1. Companies which are engaged in industries designated by the City of Yokohama. (Please inquire for the details)
  2. A new Yokohama operation must employ one or more people in addition to a representative.
  3. Companies that do not have HQ, branch office, sales office and the like that are already in operations in Yokohama.
*Asian companies shall meet one of the following 2 conditions:
  1. A company of which more than one-third voting rights or capital investment is possessed by an individual who is a nationality or resident of the following Asian countries and regions: China, Taiwan, South Korea, Vietnam, Thailand, India, Indonesia, Cambodia, Singapore, Sri Lanka, Nepal, Pakistan, Bangladesh, Timor-Leste, Bhutan, Philippines, Brunei, Malaysia, Myanmar, Maldives, Mongolia and Laos; or a company that is established under the law of these countries and regions.
  2. A company that is established under the law of one of the following Asian countries and regions: China, Taiwan, South Korea, Vietnam, Thailand, India, Indonesia, Cambodia, Singapore, Sri Lanka, Nepal, Pakistan, Bangladesh, Timor-Leste, Bhutan, Philippines, Brunei, Malaysia, Myanmar, Maldives, Mongolia and Laos, and has a branch office in Japan as well.
"Business Plan Summary" must be submitted to the City of Yokohama before signing a contract to rent premises.
Please be sure to contact Business Development Division before the contract.
Qualifying Cost Rent (includes maintenance charges and consumption tax, but excludes security deposit and key money)
Value of Subsidy An amount equivalent to 3 months' rent (Max. 500,000 yen)
(*Please note that if the total value of subsidies applied for exceeds the budget for this program, subsidies to individual companies will be reduced by an amount necessary to keep the program within its budget.
The combined application of this subsidy and other incentive programs by the City of Yokohama is not allowed.)
Where to Apply Applications are accepted at the Business Development Division.
Subsidy Payment Schedule (*please ask for details)


Economic Affairs Bureau, Business Development Division - Created: 1/10/2009 - Updated: 31/8/2011
Contact Us - ke-yuchi@city.yokohama.jp - TEL:+81-45-671-3834 - FAX:+81-45-664-4867
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