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					                   YOKOHAMA TARGETED INDUSTRY LOCATION PROMOTION
                        SUBSIDY PROGRAM FOR ASIAN COMPANIES
         - Financial assistance for companies establishing operations in Yokohama! -

This program is open to companies from China, Taiwan, South Korea, Vietnam, Thailand, and India, which are
the countries and regions with which the City of Yokohama is promoting exchanges, and which are engaged in
priority industries designated by the City of Yokohama.
It offers such companies financial assistance to partially cover the expenses they incur when establishing their
operations in Yokohama.


The following two types of subsidies are available under the program:
 1. Yokohama Targeted Industry Location Promotion Subsidy
 2. Yokohama Targeted Industry Location Promotion Subsidy (Head-Office Function Transfer Special
   Subsidy)


The type of subsidy awarded depends on the nature of the company’s new Yokohama operations. Only one
subsidy will be awarded to each company.


  1. Eligibility

 1) Yokohama Targeted Industry Location Promotion Subsidy
    Asian companies that meet all of the following 3 conditions: (Note 1)
   A. Company must be from China, Taiwan, South Korea, Vietnam, Thailand, or India
   B. Company must be engaged in an industry related to IT, biotechnology, film, convention, environment,
      medical and welfare, high-tech, design, professional services, other services, travel agency, or air
      transport. (* See pages 4-6.)
   C. A new Yokohama operation must employ one or more persons in addition to a representative.


 2) Head-Office Function Transfer Special Subsidy
     This special subsidy is awarded to companies that are already operating in Yokohama (but do not have
     head-office functions in Yokohama) that decide to move their head-office functions to Yokohama. To be
     eligible for this subsidy, companies must meet the following requirements.

    Asian companies that meet all of the following 4 conditions: (Note 1)
   A. Company must be from China, Taiwan, South Korea, Vietnam, Thailand, or India.
   B. Company must be engaged in an industry related to IT, biotechnology, film, convention, environment,
      medical and welfare, high-tech, design, professional services, other services, travel agency, or air transport.
      (* See pages 4-6.)
  C. Company must be transferring head-office functions to Yokohama from outside the city(Note 2), with a floor
     area of the head-office in Yokohama of at least 100m2.
   D. The total floor area of all the company’s Yokohama premises after the transfer of head-office functions
      must exceed the total floor area of all its Yokohama premises before the transfer.

  (Note 1) “Asian company” shall meet one of the following 2 conditions.
            1) A company of which more than one-third of voting rights or capital investment is possessed by an
              individual or individuals who is or are a nationality or resident of the following Asian countries and
              regions: China, Taiwan, South Korea, Vietnam, Thailand and India; or a company or companies
              that is or are established under the law of these countries and regions.
           2) A company that is established under the law of one of the following Asian countries and regions:
              China, Taiwan, Korea, Vietnam, Thailand or India, and has a branch office in Japan as well.

  (Note 2) Please note that the following types of operations are ineligible to receive this subsidy: factories,
           warehouses, storage facilities, etc., and stores, restaurants, bars, etc., the purpose of which is the
           sale of goods or the provision of services.
                                                        -1-
2. Value of Subsidy

     Companies that will rent the premises in which they conduct their Yokohama operations are entitled to an
     amount equal to their rent (including maintenance charges and consumption tax, but excluding security
     deposits and key money) for six months (up to a maximum of three million yen).

     (Note) If the total amount applied exceeds the current year’s budget for this program, the subsidy
             amount will be divided and reduced accordingly to fit the budget.
3. Application Documents

     Companies wishing to apply for this subsidy should submit the following documents, providing they are
     applicable.
                                         Application documents
      Business Plan Summary (Form 1)
1     (Note: This form must be submitted before signing a contract to rent the premises. If this
             form is not submitted, companies cannot apply for the subsidy.)
2     Application Form and Performance Report (Form 2)
3     Company Outline (Form 3)
4     Copy of Articles of Incorporation or similar document
5     Copy of Full Business History Certificate (formerly Certified Copy of Commercial Registration)
6     Copy of Notification of Incorporation of the company or similar document submitted to tax offices
7     Financial statements (for the past two years) or substitute documents (Note 1)
      Copy of the names of all stockholders or a document that identifies the financial contribution of
8
      the company (Note 2)
 9    Copy of lease contract
10    Rent Payment Certificate (Form 4)
      Document that proves the floor area of operations in Yokohama before moving their head-office
11
      functions to Yokohama (Note 4)
12    Document that proves the number of employees (Note 3)

* Depending on the situation, other necessary documents may be requested or documents in other forms
 may be substituted for those in the above forms.

     (Note 1) Substitute documents for financial statements
             A newly established company with no financial statement shall submit substitute documents.

     (Note 2) Copy of the names of all stockholders
              If the company locates a branch office in Japan which is established under the law of one of the
             following Asian countries and regions: China, Taiwan, Korea, Vietnam, Thailand or India, then
             submitting this document is not necessary.

      (Note 3) Document that proves the number of employees
             One of the following documents that prove the number of employees of a new business establishment
             shall be submitted:
          (1) Notification of qualification for employment insurance
          (2) Depending on the situation, please submit substitutable documents in accordance with Article 107 of
              the Labor Standards Law (applied business establishment, company profile, financial statements,
              etc.)
     (Note 4) Document that proves the floor area of operations in Yokohama before moving their
             head-office functions to Yokohama
              As proof that floor area of operations in Yokohama will expand due to the moving of their
             head-office functions to Yokohama, the company shall submit a copy of their lease contract,
             etc. prior to the moving of head-office functions.*This document is only necessary for companies
              applying for ‘2. Yokohama Targeted Industry Location Promotion Subsidy (Head-Office Function
              Transfer Special Subsidy)’.


                                                        -2-
 4. Where to Apply

 Contact           : Business Development Division, Economic Affairs Bureau, City of Yokohama
 Address           : 1-1 Minato-cho, Naka-ku, Yokohama, 231-0017
 Contact by        : (Tel) 045-671-3834         (Fax) 045-664-4867
                      (E-mail) ke-yuchi@city.yokohama.jp
                      (Web) http://www.city.yokohama.lg.jp/keizai/yuchi/support/


 5. Subsidy Payment Schedule

The procedure and schedule for subsidizing are as follows:
 1) Submission of the "Outline of Business Plan (Form No. 1)” --- Jan~Dec (Before signing rent contract)
 2) Submission of application documents (*See page 2) ----------- Apr~Dec (After signing rent contract)
 3) Review by the screening committee,
     Notification of determination of grant ------------------------------- Feb
 4) Submission of the "Request for issuance of the subsidy (Form No. 7)"--- Feb~Mar
 5) Grant of subsidy: Deposit into the designated account --------- Mar


 6. Obligations after Receipt of Subsidy, etc.

1) Recipient companies are required to continue operations in their Yokohama premises for two years.
    They may not, within two years of establishing their Yokohama operations, use their Yokohama premises
    for a purpose that is ineligible for the subsidy, or transfer/sublease the premises to a third party.
    However, relocation to other premises within Yokohama is not subject to such cancellation or penalty.

2) After concluding the lease contract, the company must report their business status for the previous year
    twice: once by the end of the month exactly one year after conclusion of the contract, and again by the
    end of the month exactly two year after conclusion of the contract.

    However, when the lease contract is concluded in January, February or March, the first report shall be
    made by the end of April of the next year.

 (Note) If the company doesn't fulfill the above obligations, determination of the grant will be cancelled and
      the subsidy must be returned.
      For return of the subsidy, an annual rate of 10.95% of additional charges to the amount subsidized
      must be paid corresponding to the number of days from the date the subsidy was received to the date
      the subsidy is returned.


* This subsidy cannot be combined with any of the City of Yokohama’s other incentive programs.




                                                                                                    (2011/05/01)



                                                         -3-
                                             [ List of Targeted Industries 1 ]
     ● IT-related industry
   Category                                                       Specific businesses
   Software,        Entrusted software development, package software, information processing service, information provision
    service         service, Internet-associated service
                    Manufacturing of fiber optic cable (including communications composite cable), manufacturing of
                    semiconductor equipment, manufacturing of vacuum devices/apparatus, manufacturing of office
                    appliances, manufacturing of video equipment, manufacturing of other electronic applied equipment,
                    manufacturing of electrical measuring equipment, manufacturing of electromagnetic tape/disc,
                    manufacturing of wire communication equipment, manufacturing of wireless communication equipment,
   Hardware
                    manufacturing of radio receiver/television receiver, manufacturing of electro-acoustic equipment,
 manufacturing
                    manufacturing of other communication equipment/related equipment. manufacturing of electronic
      and
                    computer, manufacturing of personal computer, manufacturing of memory device, manufacturing of
 development
                    printing device, manufacturing of other auxiliary devices, manufacturing of semiconductor device,
                    manufacturing of integrated circuit, manufacturing of printed circuit, manufacturing of analytical instrument,
                    manufacturing of physical and chemical equipment, manufacturing of lens/prism for optical instrument,
                    manufacturing of information recording materials (excluding printed materials such as newspaper and
                    books)


     ● Bio-related industry
   Category                                                       Specific businesses
                    Research/development/manufacturing of food (functional food, etc.), research/development/manufacturing
                    of raw materials for food processing (oligosaccharide, etc.), research/development/manufacturing of
                    substances (recombinant yeast, etc.) used in food manufacturing processes,
                    research/development/manufacturing of medicinal materials, research/development/manufacturing of
   Research/        substances (recombinant enzyme, etc.) used for chemical products, research/development/manufacturing
 development/       of raw materials of chemical products, research/development/manufacturing of seed and seedling,
 manufacturing      research/development/manufacturing of pesticide and fertilizer, research/development/manufacturing of
                    medicines for animals, research/development/manufacturing of devices using bioreactor (waste water
                    treatment device, waste decomposition device, etc.), research/development/manufacturing of biosensor,
                    research/development/manufacturing of analytical instrument (amino acid composition analyzing device,
                    automatic sugar chain indicator, etc.)
Applied services    DNA analysis service, contract work for genetic screening


     ● Film-related industry
   Category                                                       Specific businesses
                    Public broadcasting, television broadcasting, satellite broadcasting, other private broadcasting, cable
 Broadcasting
                    television service
  Services for      Film studio, film making/small film making, video making, TV program production, TV commercial making,
  production,       motion picture film distribution (that is independent of film making), film distribution, cable TV program
  processing,       distribution, community antenna TV program distribution, motion picture film developing, post production,
distribution, and   studio rental (for motion picture, recording), tool rental for film, rental of motion picture projector, rental of
  utilization of    motion picture film, dress rental (for movie), manufacturing of moving picture camera, manufacturing of
     image          motion picture projector, manufacturing of motion picture developing machine
  information


     ● Convention-related industry
   Category                                                       Specific businesses
 Planning and       Businesses of undertaking the whole operations of survey, planning, design, exhibition, organization,
   operating        manufacturing, and execution management on a convention and comprehensively directing and organizing
   service of       interior and exterior work, display equipment, mechanical equipment (acoustic, video devices, etc.), and
  convention        equivalent businesses



                                                                 -4-
                                              [ List of Targeted Industries 2 ]
    ● Environment-related industry
  Category                                                        Specific businesses
 System and          Environment-friendly production system-related businesses, new energy technology development, wind
   software          power generation business, urban energy effective utilization business
 development
 Development         Pollution prevention/environment conservation equipment, waste treatment equipment, recycling device,
     and             manufacturing and installation of solar energy generation system, improvement of waste power
manufacturing        generation/heat application facility, manufacturing of fuel cell, manufacturing facility for effective utilization
  of devices,        of energy, additional facility for effective utilization of energy, manufacturing and sales of energy-saving
 facilities and      type machinery and appliances, manufacturing and sales of energy-saving type construction materials
  equipment


    ● Medical and Welfare-related industry
  Category                                                        Specific businesses
 Development         Manufacturing of home medical care-related equipment, manufacturing of advanced medical equipment,
     and             manufacturing of welfare equipment, manufacturing of medicine, manufacturing of electronic applied
manufacturing        devices for medical use, manufacturing of measuring equipment for medical use, manufacturing and
  of devices,        assembly of wheelchair
 facilities and
  equipment


    ● High-technology industry
  Category                                                        Specific businesses
 Methodology,        Open migration of FA/OA equipment, intelligent manufacturing system development, new chemical
  technology,        process application, systematization of knowledge/methodology of engineering and project management,
    system           technological development on diversion of parts for civilian use to use in space
 development
                     Research,      development,        application      and     manufacturing        of     micro-machine,       laser
 Development
                     measurement/processing-related business, manufacturing and sales of security equipment, development
     and
                     of ocean development equipment, manufacturing of super high-rise building materials, manufacturing of
manufacturing
                     landscape materials, manufacturing of aircraft, research, development, application and manufacturing of
  of devices,
                     industrial robot, research, development, application and manufacturing of non-industrial robot,
 facilities and
                     manufacturing of laser device, manufacturing of automobile, manufacturing of automobile parts/auxiliary
  equipment
                     parts, manufacturing of space-related equipment
  Research,          Research, development, application and manufacturing of inorganic material such as fine ceramics,
development          application of organic materials, application of polymeric materials, use of new metal materials,, use of
 and applied
                     nonferrous materials, application of composite materials
technology of
new materials

    ● Design-related industry
      Category                                                         Specific businesses
Specialized services on      Industrial design, craft design, interior design, commercial design, costume design, textile design,
    industrial and           package design
 commercial designs

    ●Professional Services
      Category                                                         Specific businesses
Professional Services        Law firm, Patent Office, Tax accountant office, CPA firm

    ●Other Services
      Category                                                         Specific businesses
    Other Services           Interpretations and Translations

                                                                 -5-
●Travel Agency
  Category                                               Specific businesses
Travel Agency    Travel Agency (Type1), Travel Agency (Type2), Travel Agency (Type3), Travel sub-agency

●Air transport
  Category                                               Specific businesses
Air transport    Headquarters / head offices engaged in managerial operations of air transport,
                 Air transport (establishments engaged in the transport of passengers or freight by air)




                                                   -6-

				
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