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| The City of Osaka can subsidize a portion of construction costs for office buildings of companies in key industries (as designated by The City of Osaka) that will be constructed and opened within city limits. Further, the office building in question should help develop and promote a key industry and contribute to the urban revitalization and economic development of Osaka.
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| Osaka City |
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| Any business which will build, open and own an office building within Osaka City. The company in question must operate in a key industry (as designated by The City of Osaka) that is eligible for subsidy. |
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| ♦Criteria |
| • Applicable businesses must be capable of continuously and effectively operating in their chosen field, as evidenced by the use of a significant amount of turnover in key industrial fields applicable for the subsidy and operation for one year or more. |
| • The planned office building must possess 1,000 m2 or more of total floor space for the sole use of the business. |
| • Further, the planned office building must be staffed by 5 or more full-time employees, and increase the number of employed persons in Osaka. |
| • The business must be financially sound and remain in operation for 5 or more years post-construction. |
| • Interested businesses must submit their construction plans (buildings currently under construction will not be accepted) to the City of Osaka by March 31, 2012, begin construction by March 31, 2013, and begin operations in the new building by December 31, 2014. |
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| Invested fixed capital for construction and equipment costs (only for areas for the business’ sole use) up to a maximum of 200,000 yen / m2 in construction cost per floor area. |
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| ∗ Invested Fixed Capital, as defined by Local Taxation Law Article 341, is the total expenditure of a company to obtain buildings or other depreciable assets of 500,000 yen or more. In particular, the term invested fixed capital applies to construction and equipment costs for office or laboratory space, and machinery, equipment (air-conditioning, etc.) , exterior structures, etc. deemed necessary for their operation. |
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| Subsidy Amount and Disbursement |
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• Up to 5% of applicable costs (maximum of 300 million yen)
• Subsidy will be disbursed after the applicable building begins normal operations. |
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| Eligible Businesses in Designated Key Industries |
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| ♦Medicine and Welfare |
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• Medical care, welfare, health, sports, etc. equipment manufacturing and wholesale.
• Pharmaceuticals, health-promoting foods, etc. manufacturing and wholesale.
• At-home medical care and nursing care services
(at-home medical services limited to only those covered by long-term care insurance) |
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| ♦Lifestyle and Culture |
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• Design (commercial, industrial, clothing, interior, etc.)
• Fashion (clothing, furniture, etc. manufacturing and wholesale, excluding manufacturing of other companies’ product by contract)
• Cultural Facilities (Galleries, Museums (only those applicable under related laws), cultural halls, etc.) |
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| ♦Information and Telecommunications |
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• IT or imaging devices, electronic components, etc. manufacturing and wholesale
• Information processing and provision services
• Communications, broadcasting, media development (film, video, etc.) |
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| ♦Environmental |
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• Environmental device and equipment manufacturing and wholesale (including pollution prevention, environmental preservation, recycling, measurement and analysis devices, etc.)
• Environmentally friendly product manufacturing and wholesale (Eco Mark products, etc.)
• Manufacturing and wholesale of energy-saving or new energy related devices and equipment. |
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| ♦Human Resources |
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• Universities, Graduate Schools, Natural Science Research Institutions
• Recruiting or Temporary Labor Services
• Business Specialist Services (accounting, design, quality assurance, market research, etc.) |
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| ♦Biotechnology and Nanotechnology |
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• Manufacture and wholesale of products using biotechnology or nanotechnology (including pharmaceuticals, food products, fibers, chemical product materials, sensors, precision instruments)
• Testing or measurement services utilizing bio- or nanotechnology. |
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| ♦Robotics |
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• Robot products manufacturing and wholesale
• Software development for robot control or recognition
• Services utilizing robots (including at-home nursing care, information provision, security systems) |
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| ♦Other |
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| Fields related to the above which have been specially approved by the Mayor of Osaka |
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| Note: “Products” or “Equipment” above refers to not only completed items, but to semi-finished goods, components, ingredients or materials as well. |
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