The program subsidizes one-third of leasing costs for a one-year period and is available to foreign-affiliated companies that choose to lease offices and other facilities in Chiba Prefecture.
*Companies must consult with the Chiba Investment Support Center and Prefecture Government prior to finalizing the lease agreement.
(Subsidy applications made after finalizing the lease agreement will not be accepted.)
*Definition of Foreign-Affiliated Company
A company established under the laws and regulations of a foreign country for the purpose of generating profits (“foreign company” hereof). It also refers to a Japanese company established by a foreign company that retains more than one-third investment ratio. Offices of organizations other than profit-making companies are excluded, such as offices of foreign governments, public agencies and non-profit organizations.
|Overview and Features of Subsidies||The program subsidizes one-third of leasing costs for a one-year period and is available to foreign-affiliated companies that choose to lease offices and other facilities in Chiba Prefecture. |
The major feature of the program is that companies, whose subsidy application has been approved by Chiba Prefecture, will receive the subsidy as a lump sum amount.
|Qualifications||Companies must fit one of the following cases: |
(1) Foreign-affiliated companies that are transferring their head offices and other central operations from another prefecture to Chiba Prefecture.
(2) Foreign-affiliated companies that are entering Chiba prefecture from abroad for the first time.
In addition, companies must also satisfy the following conditions:
(a) Must contribute to the advancement of Chiba Prefecture’s Promotion Strategy for New Industries (Cluster Plan), as approved by the Governor of Chiba Prefecture.
(b) Must sign at least a one-year lease agreement for offices or other facilities in Chiba Prefecture and must also have plans to do business in Chiba Prefecture for at least three years.
|Qualifying Facilities||Qualifying facilities include offices and plants, as well as facilities engaged in research in natural science and other fields. Commercial facilities such as retail stores, as well as warehouses, incubation facilities and the offices that mainly provide services are excluded.|
|Expenses and Subsidy Amounts||One-third of the annual rent for offices or other facilities. However, the maximum amounts are as follows:|