09 INTERNATIONAL TECH HUBS THIRD EDITION | BDO LLP
JAPAN
OVERVIEW With the third largest GDP in the world, Japan is a very self- reliant country with a strong infrastructure and stable politics. Trade-wise, it has an enviable location and is one of the few truly ‘international’ countries in the world. Playing host to the upcoming Olympics, Japan was recently rated the 5th best country in the world according to global perceptions . It is known for first-class talent and enviable levels of education. There are no restrictions if you want to set up a company in Japan and no limitations, regulations or restrictions when it comes to investments. This is an advantage Japan has over many other countries. It’s easy to set up a business without a lot of capital, as you don’t need to spend millions of dollars for listings, compared to the Europe, the UK and the US – or even neighbours Hong Kong and China. THE TECH LANDSCAPE Japan is one of the most technologically advanced countries in the world . There is no shortage of people wanting to work in Japan because of the tech expertise across business, education, IT, patents and more. Tech drives the majority of investors of all sizes into Japan. There is also strong interest in everything from fintech, to real estate and banking. The majority of the international investors and bilingual service providers are based out of Tokyo, with little to no tech companies outside the capital. THE TECH ECO-SYSTEM Technology R&D in Japan is amazing and crosses all forms of the sector including semiconductors, software, content, robotics, AI technology, cybersecurity, fintech and cryptocurrency.
With expert input from Soichiro ‘Soi’ Kitano, Board Member and International Liaison Partner at BDO Japan. Soi is an auditor by trade and spent his career between Japan and the US. He’s been based in Tokyo for 12 years and liaises with companies wanting to start businesses in Japan.
THERE ARE NO RESTRICTIONS IF YOU WANT TO SET UP A COMPANY IN JAPAN AND NO LIMITATIONS, REGULATIONS OR RESTRICTIONS WHEN IT COMES TO INVESTMENTS. THIS IS AN ADVANTAGE JAPAN HAS OVER MANY OTHER COUNTRIES.
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