ANNOUNCEMENT 26 Oct 2012In October 2012, the government of Japan announced changed incentives for foreign investors entering the country.
NUMBER OF INTERVENTIONS
Ministry of Economy, Industry and Trade (METI): http://www.meti.go.jp/english/press/2012/1026_01.html
Full document (METI): http://www.meti.go.jp/english/policy/external_economy/investment/asian_center201104.pdf
On 26 October 2012, Japan approved the "Act on Special Measures for the Promotion of Research and Development by Certified Multinational Enterprises". The act supports R&D activities of multinational enterprises; among others, through the reduction of the corporate tax and patent fees. The act entered into force on 1 November 2012.