Japan Free Zone Company
Features of Japan Free Zone Company
Japan Free Zone Company |
Corporate Details |
General |
|
|
Free Zone Company |
|
Yes |
|
No |
|
2 Months |
|
Yes |
|
Yes |
Share capital or equivalent |
|
|
USD |
|
EUR, USD, GBP, JPY |
|
US$1 |
|
No |
|
No |
Directors |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
|
Yes |
Shareholders |
|
|
One |
|
Yes |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
No |
|
No |
Accounts |
|
|
Yes |
|
No |
|
Yes |
|
Yes |
Other |
|
|
Yes |
|
Yes |
- Japanese free trade zones offer a variety of tax benefits.
- Companies incorporated within a Japanese FTZ are exempted from tariffs (up to 100%) and domestic consumption tax (up to 100%) for i) goods imported in the FTZ for manufacturing and ii) re-exported goods;
- For companies operating in Okinawa SFTZ, 30% of the income tax earned by companies is exempted from corporate tax for a period of 10 years;
- Furthermore, 15% of machinery and equipment costs and 6% of building costs are deductible for expanding their facilities;
- For companies operating under Naha FTZ, 40% of corporate income is exempted from income tax for the first 10 years after incorporation;
- Companies operating in the Niigata Free Port are exempted from real estate tax and corporate tax for a period of 3 years.
- All the Free Trade Zones are located next to ports and air terminals, facilitating logistics and lowering transportation costs.
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.