Are you sure that your business activities are allowed in Japan ? Beware of new foreign exchange and trade rules.

Tax and regulations committee

The Japanese government has recently reinforced its control over foreign investments in Japan by expanding the scope of the obligation to notify in advance to the Bank of Japan some business activities If these rules do not raise any specific concern for some business sectors linked to security or defence (e.g. weapons, ammunitions, nuclear, energy etc.), new categories may raise some concerns given the generic definition of the business scope (e.g. communications, software development etc.).This does not concern only new investors coming to Japan but even well-established subsidiaries of foreign groups developing new services or products. In this presentation, Mina Ishikawa, lawyer at LPA, will present the new trends and give some clues on how to deal with these new rules.

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