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Fukuoka - Startup City

Fukuoka’s Startup Package for Foreign Entrepreneurs As Japan’s leading city for startup companies, Fukuoka has been designated a National Strategic Special Zone. With reduced employment, visa, and corporate tax regulations, Fukuoka is the ideal environment for establishing new businesses. Fukuoka City will provide wide-ranging support for entrepreneurs to found their startups efficiently and enjoy the future growth of their businesses.

Startup Visa Prerequisites to acquire the “Business Manager” residential status have been relaxed. Entrepreneurs are able to obtain the Startup Visa valid for 12 months, which allows them to establish their business even if the following requirements have not been fully met.

Current Requirements for Residential Status Application

Startup Visa Using your business plan, Fukuoka City will review your prospects of meeting the requirements listed on the left within 12 months.

Must have an office + Must employ at least two fulltime staff or Capital or total investment of at least ¥5 million, etc.

*You must meet the requirements before you can renew your visa 12 months later.

Financial Aid for Renting Residential & Office Spaces Foreign entrepreneurs with a promising business plan may be eligible to receive financial aid to be used towards renting residential or office space within Fukuoka City. Applications are accepted once a year. They will also be given priority entry into residential and/or office spaces.

About the Financial Aid Rate & Monthly Limit

To Be Used For

Duration of Aid

Residence

50% (up to ¥70,000)

Private rental residences

Up to 12 months

Business Office

50% (up to ¥50,000)

- Private sector incubation facilities - Private rental offices

Up to 12 months

*The application period is scheduled for April.

Tax Reduction for Startups Entrepreneurs who establish an innovative business in the National Strategic Special Zone (Fukuoka City) may be eligible to receive this tax reduction.

Applicable Industries

IoT

International

Medicine

Agriculture

Comparison of Corporate Tax Rates Fukuoka City

Japan

(National Strategic Special Zone)

(Other than National Strategic Special Zones)

Approx. 22%

Approx. 30%

China

Korea

Approx. 25%

Approx. 24%

*When National tax + Fukuoka City tax reduction are applied

18 | Fukuoka Now | #245 | May 2019

Advanced IT

Profile for Fukuoka Now Ltd.

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On this month’s cover is the rooftop bar Dreieck Park, an ideal place to enjoy a refreshing drink al fresco before the rainy season. Fukuoka...