FUKUSHIMA INDUSTRIAL LOCATION GUIDE

Subsidy to encourage transfer of head office functions to Fukushima Prefecture

Subsidy to encourage transfer of head office functions to Fukushima Prefecture

Overview A maximum subsidy of 1 million yen per person for employee moving expenses is provided to companies, etc. that either expand or transfer head office functions within Fukushima Prefecture.
Eligible businesses Businesses with an approved development plan for specified business facilities to revitalize the region, based on the Local Revitalization Act
Covered costs A subsidy is granted for moving costs incurred by employees relocating with the aim of working in a department/division with head office functions that is transferring or expanding in Fukushima Prefecture (limited to persons who transfer their registered residence from outside the prefecture to Fukushima Prefecture). However, the subsidy is restricted to costs borne by the business.

① Costs paid to the moving company, etc.
Costs required to relocate a residence, including transport costs for household belongings, container costs such as packing, and vehicle rental costs.

② Costs paid at the time of relocation to the head of household or realtor, etc.
Costs required at the time of relocation, including rent in advance (1 month's rent) paid when concluding a rental contract, initial expenses based on the rental contract (house cleaning, key exchange, etc.), key money, administrative fee, brokerage fee, etc. ※The deposit and common service expenses are not applicable.
Proportion of grant and its amount Subsidy rate: subsidy in the amount of 2/3 of applicable expenses
Subsidy amount: maximum of 1 million yen per employee However, the annual maximum subsidy amount per company shall be 5 million yen.

For more information, please contact below.

●For further information, please contact Investment Promotion Division, Commerce, Industry & Labor Department, Fukushima Prefectural Government.

Phone.024-521-7280