Subsidy of prefectural government

In 2016, as a part of Mie’s greater goal of expanding industry in the prefecture,
the prefectural government revised its investment incentive system. The revised
investment incentive system significantly alleviates the financial burden that
foreign firms face as they embark on new projects or expand existing operations
in the prefecture.
 

• Subsidy for foreign affiliated firms　

 

Investment Requirement	more than 500 million yen
Employment Requirement	10 people
Subsidy Rate	20％ of capital investment     （maximum 500 million yen）

 

• Rental fee for office

 

Investment Requirement	Foreign capital should be more than 50% Office Area: 15㎡ or more Regular full-time employee: minimum one
Subsidy Rate	50% of the annual rental fee（Maximum 5 million yen     per year for 3 years)

 

LINK 

三重県の企業投資促進制度