[Japanese Fiscal Year 2012]
Subsidy Program for Projects Promoting Asian Site Location in Japan
The subsidy Program for Promoting Asian Site Location in Japan is intended to sustain and strengthen high-value-added business sites in Japan and to achieve sustainable growth of the Japanese economy by supporting the establishment of new high-value-added sites in Japan by global companies operating internationally, such as Regional Headquarters or R&D Sites, which have been proven to have a significant impact on the Japanese economy, and by strategically and proactively inviting and building high-value-added business functions that match the strength of the Japanese economy.
Projects eligible for the subsidy shall be those for establishing a new Regional Headquarters or R&D Site in Japan. However, the relocation and consolidation of existing sites in Japan are not eligible for the subsidy.
The relevant headquarters’ operations or R&D activities must continue for a minimum of 3 years after the end of project period.
The investment plan must not have been publicly announced, nor the placing of orders, making of contracts, etc. been undertaken prior to the cabinet approval of the budget bill of 2012 general account (December 24th, 2011).
Period of Application
Public Announcement of the 2012 Subsidy: Tuesday, August 28th, 2012 to Monday, November 19th, 2012 (12:00 p.m. Japan Time)
Period for Acceptance of Application Forms: Monday, November 5th, 2012 to Monday, November 19th, 2012 (no later than 12:00