Subsidies
The Tokyo Startup Subsidy offers up to ¥4 million to eligible companies. Applications for the spring 2025 round are open until 17 April. However, due to its specific requirements, starting preparations this week is crucial.
This week in Small Business Japan
My interview with Makoto Yamada, the founder and representative of SEIBO Japan, a Japanese non-profit, brought back memories of my time working at an international NGO in Tokyo.
For your business
Opening a corporate bank account is a must when doing business in Japan, as it can be used for funding and enhance your company's credibility. We have summarised the types and characteristics of financial institutions in Japan with a list of required documents and conditions.
Voices in Relay
The Tokyo-based non-profit SEIBO Japan is making a difference in Malawi, Africa, through its school lunch programme feeding local children. This initiative is driven by the ‘Doing charity by doing business’ concept. Makoto Yamada, the representative, talks about the project.
This week in Small Business Japan
This weekend, I went to see a musical called ‘Rock'n'Roll Reflections on Mythology: the Age of Dharma Decline 2024’ because an acquaintance was performing in it. You probably don't understand what it's about from the title.
For your business
Can you really be refused a corporate bank account just because you are a foreigner? To find out, we interviewed an immigration lawyer who has helped foreign business owners manage funding challenges, including opening corporate bank accounts in Japan for years.
This week in Small Business Japan
I've introduced a new section called 'Industry Outlook' to showcase business trends and ideas for those interested in starting a business in Japan.
Industry Outlook
The 'Kobutsusho Kyoka' (古物商許可), or secondhand dealer license in English, is required in Japan for businesses dealing in reuse and recycle legally. This article will explain the license, including how to apply for it, and then discuss the current state of the reuse market in Japan.
This week in Small Business Japan
I hope you've all had a wonderful start to 2025! I know it's early in the new year, but I've published an article about the Tokyo Startup Subsidy, which is likely to be offered around spring.
For your business
Since October 2024, Kabushiki Kaisha (KK) or stock corporations in Japan now have the option to remove its representative's home address from the company registry (tohon).
For your business
Municipalities offer the 'Business Support Plan for Startups', which helps small businesses under five years old meet a key requirement of startup subsidies, such as the one of Tokyo, on more favourable terms. Pre-establishment businesses can also benefit from reduced registration tax.
For your business
The Startup Subsidy offered by the Tokyo Metropolitan Government is a great funding opportunity for new and small businesses that are less than five years old. It is particularly recommended if you're an (aspiring) entrepreneur tackling social challenges or have a very good business model.
