TOKYO, March 30, 2017 /PRNewswire/ -- From April of this
year, the Tokyo Metropolitan Government (TMG) will launch the
following support measures to speed up the pace of attracting to
Tokyo fourth industrial revolution
companies, including companies in the arenas of IoT and artificial
intelligence (AI), and foreign financial corporations, such as
asset management and FinTech companies, to solidify its position as
the top international financial and economic city in Asia.
First, the TMG will boost assistance for overseas financial
companies that are advancing into the Tokyo market with the provision of free
business consulting services to formulate business plans, support
to match FinTech companies and financial institutions in
Japan (accelerator program), and a
new subsidy program. The TMG will launch a financial one-stop
support service to provide assistance with administrative
procedures and comprehensive consulting services for foreign
financial companies that are considering setting up their bases in
Tokyo. The Tokyo One-Stop Business
Establishment Center (TOSBEC) will also install a satellite center
in Shibuya to provide support in English for procedures required
when starting a business in Tokyo.
Tokyo will also offer an
extensive program to support companies in their daily lives. The
TMG will ease regulations on housekeeping services provided by
foreign nationals to alleviate the burden of housework in the home
in order to support foreign businesspersons after they have set up
operations in Tokyo. By utilizing
this special provision to the Immigration Act, new companies will
be able to access services for cooking, laundry, cleaning and
shopping offered by foreign nationals. Tokyo is also promoting the improvement of an
environment that is convenient for foreign residents to live,
including the enhancement of clinical services using a special
provision to bilateral agreements on foreign doctors.
The TMG is stepping up its efforts to attract the Asian regional
headquarters and R&D centers of multinational companies with
advanced technologies, such as IoT, Big Data and AI, in order to
create even more innovation in Tokyo.
Please visit the following website for details of the financial
one-stop service provided by the Business Development Center
TOKYO (BDCT) and the services by
the TOSBEC.
Tokyo's efforts to attract
foreign companies:
http://www.seisakukikaku.metro.tokyo.jp/invest_tokyo/index.html
Financial one-stop support service (BDCT):
http://www.bdc-tokyo.org/?cat=3TOSBEC:https://www.tosbec.org/english/index.html