Fukushima Pref ecture

Favorable Treatment System

National subsidies for the corporate location giving job creation in the area damaged by tsunami and nuclear power

Purpose and Outlines This is aimed at promoting the industrial revival of Fukushima, mainly the stricken area damaged seriously by tsunami and atomic power and the evacuation order has been lifted, through job creation and regional economic activation.

◇The requirements of employment

The sum of fixed asset investment The number of newly-employed locals
Fifty thousand yen and more three and more
1 hundred million yen and more 5 and more
1 billion yen and more 10 and more
2 billion yen and more 20 and more
3 billion yen and more 30 and more
4 bullions yen and more 40 and more
5 billion yen and more 50 and more
6 billion yen and more 60 and more
7 billion yen and more 70 and more
8 billion yen and more 80 and more
9 billion yen and more 90 and more
10 billion yen and more 1 hundred and more
The requirements of the subside Applicable facilities Facilities of the concerned service industry including factories, distribution facilities, test and research facilities, and call center
Applicable expenses Initial investment expenses (limited to the concerned use)
Expenses of acquisition of site (rent is excluded), buildings, and machineries
Expenses of related work of the above
The requirements of grant
  • You have to employ certain new locals according to your fixed asset investment as listed right.
  • A plan to invest only in facilities is not covered.
  • A business plan published before 29 January, 2013 (the day of decision of the year’s budget) is also not covered.
The rates of aid and the maximum (1)In area damaged by nuclear power 
●Big business…one half ●Small and medium-sized business…two thirds
In the area where the evacuation order or alert has been lifted
* In the area where the evacuation order or alert has been lifted, the rates of aid a year after the cancellation is below.
●Big business…two thirds ●small and medium-sized business…three fourths
In one case a screening committee highly estimated, the maximum is 5 billion yen.
In the others case, the maximum is 3 billion yen.

(2)In the area damaged by tsunami 
●Big business…one third ●Small and medium-sized business…one half
In one case a screening committee highly estimated, the maximum is 5 billions yen.
In the others case, the maximum is 3 billions yen.

In the area except (1) (2)
●Big business…quarter ●Small and medium-sized business…one third
The maximum is 3 billion yen.
A note You need to complete the location project by the end of March, 2018.

◇A division chart according to the rates of aid


For details, please contact the following address.
●Mizuho Information Research Co. social policy consulting department
03-5289-7204
From 10a.m. to 12p.m. and from 1p.m. to 5p.m.
Saturday, Sunday, and national holidays are the exceptions.

Fukushima special area for industrial reconstruction and investment promotion

Purpose This is aimed at promoting the increase of companies of the manufacturing industry and job creation for the people living in a stricken area by applying Fukushima Reconstruction Corporate Location Subside and favorable tax system jointly.
Applicable business The concerned business running in the Reconstruction Industry Aggregate Area
About the Aggregate Area In Fukushima 59 industrial parks or industrial areas are selected as the Reconstruction Industry Aggregate Area.
Applicable types of industry (1) Transport equipment related industry (2) Electronic equipment related industry (3) Information and telecommunications industry (4) Medical related industry
(5) renewable energy related industry (6) Food and drink related industry (7) Local resources related industry
Favorable tax system 1. New location promotion tax system (act, article 40)
The corporation tax of a corporation newly established location is essentially free for five years.
2. Special depreciation for corporate equipment (act, article 37)
Special depreciation and tax used for investment of the equipment, device, or buildings are subtracted.
3. Special subtraction of the corporation tax (act, article 38)
The amount of tax as much as 10% of the total provision for employees’ salaries suffered from the earthquake is subtracted.
4. A special exemption law of tax system of research and development (act, article 39)
The depreciation assets for research and development can be repaid immediately.
Moreover, the 12% amount of tax is subtracted.
5. Subtraction of the local tax or heterogeneous taxation (act, article 43)
The enterprise tax, the real estate acquisition tax, and fixed assets tax for an additional building and equipment are exemption from taxation or subject of Non-uniform taxation.
Procedure

TEL: 024-521-7882 For details, please call the Chamber of Commerce and Industry of Fukushima prefecture corporate location department. TEL: 024-521-7882
*You need to be designated by municipality by 31 March, 2017.

The loan system of funds of corporate location by Fukushima prefecture

The format of the loan system(※Word : 69KB)

Requirements of corporations subject to financing 1. The corporations that will locate newly or move in an industrial park in Fukushima.
2. The ones that run the following business.
A. the manufacturing industry, the road transport industry, the warehousing industry, the packing business, the wholesale business
B. Specific 16 kinds of business
3. As a rule small and medium-sized companies provided in the Fundamental Act of Small Business are given priority first.
4. To obtain the loan, companies need to plan to employ new 5 employees and 20% of them are the locals living in Power Supply Region.
51 municipalities of Fukushima come under The Power Supply Regions.
Requirements of expenses subject to financing 1. The cost of acquisition of machineries and equipment
2. The cost of construction of factories
3. The cost of acquisition and development of industrial sites
Requirements of financing 1. Finance period:within 15 years including a period of deferment of 2 years.
2. A rate of interest:fixed (1.9% per year) or fluctuant (1.2% per year)
In a fluctuant system, the interest is reexamined twice a year.
*Interest is the figures for March, 2014.
3. The maximum:5 hundred million yen (1 billion yen when the governor of Fukushima considers it is especially necessary.)
*The maximum is limited to less than 70% of expenses subject to financing
A financial institution As a rule you have to choose the bank which has a head office or a branch in Fukushima. And you can choose The Commercial and Industrial Partnerships Central Bank, Fukushima Credit Association, or Fukushima Credit Union.

◇The business-supporting service industry (Specific 16 kinds of business)

The loan system of regional improvement (“Hometown-loan”)

Outlines Prefecture or municipality can finance you free of interest for private enterprises that contribute to local development.
Applicable expenses The cost of capital investment (building, acquisition, maintenance, improvement, and repair)
Main requirements (1)It has utility and profitability
(2)Expenses subject to financing should be more than 25 million yen.
(3)More than 10 people should be newly hired in prefecture financing.
More than 5 people in municipality financing.
Loan amount 35% and less of the expenses subject to financing subtracted subsidies amount
((The prefecture loan maximum:42 hundred thousand yen)
(The municipality loan maximum:1.5 billion yen)
In the regions of reformation project and underpopulated areas, the maximum is lifted up.
For details, please call the Fukushima prefecture local policy department.
TEL: 024-521-7119



※Municipality divisions are the ones for 31 March, 2014.

Favorable tax system

The name of local ordinance The applicable region Requirements Enterprise tax Fixed assets tax Real estate acquisition tax
Fukushima prefecture tax
Special measures regulations
Underpopulated areas( The cost of acquisition of equipment is more than 27 million yen ・For 3 years
・No-taxation
・For 3 years
・No-taxation
・At the time of acquisition
・No-taxation
The area has nuclear power generation facilities( The cost of acquisition of equipment is more than 27 million yen ・For 3 years
・Non-uniform taxation
・For 3 years
・Non-uniform taxation
・At the time of acquisition
・Non-uniform taxation
Aggregate area of Corporate Location Promotion Act The manufacturing industry (except agricultural forestry and fisheries)
More than 2 hundred thousand yen
・At the time of acquisition
・No-taxation
Agricultural forestry and fisheries industry
More than 2 hundred thousand yen
・At the time of acquisition
・No-taxation
An ordinance of tax exemption of Fukushima industrial reconstruction aggregate area Industrial reconstruction aggregate area Designated companies or corporations which contributing to job creation in industrial reconstruction aggregate area ・For 5 years
・No-taxation
・For 5 years
・No-taxation
・At the time of acquisition
・No-taxation
An ordinance of tax exemption of Fukushima industrial location promotion area and the area where the evacuation order has been lifted Industrial location promotion area
※2
New companies acknowledged as a revival and reconstruction project ・For 5 years
・No-taxation
・For 5 years
・No-taxation
・At the time of acquisition
・No-taxation
The area where the evacuation order has been lifted
※2
The companies which acknowledged as the existing ones in the area has evacuation order on 11 March, 2011.
*Applicable municipalities:Tamura City, Minami-Souma City, Tomioka Town, Okuma Town, Futaba Town, Namie Town, a part of IIdate Village, Hirono Town, Naraha Town, Kawauchi Village
Each municipality has provided ordinances of some favorable treatment system, so please inquire the revenue department as to the fixed assets tax.
For details, please call each Regional Development Bureau prefecture tax department.

Other subsidies

Subside of corporate location of local companies around the Fukushima nuclear power generation facility

  • Outlines:For the revival of the area around the Fukushima nuclear power generation facility, companies which will enter into a new power contract or build additional contract can get aid as much as the electricity charges companies actually paid.
  • Applicable area:Municipalities which build or may build nuclear power generation facility and also designated as a power supply area.
  • Main requirements:The increase of contract demand with establishment of enterprise office and the increase of employees more than 3.
  • The amount of subside:A part of the electricity charges, the longest is 8 years.

For details, please call the Chamber of Commerce and Industry of Fukushima prefecture corporate location department.
TEL:024-521-8523