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If You Have Plans of Setting Up a New Business in Mind The following is an outline of the assistance measures Ehime offers. |
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Outline of Ehime's New Business Set Up Promotions (a) Designated Factories, etc. ¡Requisite Standards for Designation Status (1) Business Category: Electrical machinery and device manufacturers, precision machinery and device manufacturers, transport machinery and device manufacturers, experimental research businesses in the areas of advanced technology, and other businesses that the governor recognizes as potential contributors to the development of Ehime. (2) Factory size: Over 2,000 square meters in total floor area. ¡Subsidy Grants (1) Grant Amounts: 5,000 yen per 1 square meter of total floor area of manufacturing facility and experimenting/researching facility. (2) Usage Designation: Environment conservation, public welfare and disaster prevention security facilities. (3) Maximum Limit: 150 million yen ¡Employment Promotion Grants (1) Grant Amounts: 300,000 yen per 1 new full-time employee. (2) Usage Designation: None (3) Maximum Limit: 50 million yen (4) Eligibility Conditions: Newly employ over 30 people living in Ehime Prefecture. ¡Funding (to Small & Medium Sized Businesses) (1) Fund Amounts: One-half of the costs of acquisition and development of industrial land, and furnishing facilities with equipment. (2) Maximum Limit: 100 million yen (3) Eligibility Conditions: Rate of Interest - will fluctuate in accordance with the market's rate of interest. Term of Redemption - 10 years (including the unredeemable period of 2 years) (b) Factories Affiliated With Designated Factories (Small & Medium Sized Businesses) ¡Eligibility Conditions: Must be a continuous supplier with over 50 percent of production of raw materials, parts, materials, etc. supplied to factories of designated status. ¡Funding: Same conditions as those for factories of designated status. |
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Industrial Land Leasing Programs, etc. ¡If the Subject Leasing the Land is Ehime Prefecture Eligibility Conditions (1)Business Category: Electrical machinery and device manufacturers, precision machinery and device manufacturers, transport machinery and device manufacturers, experimental research businesses in the areas of advanced technology, and other businesses that the governor recognizes as potential contributor to the development of Ehime. (2)Condition: Must begin business operations within 2 years from lease contract date. Favoring Measure (1)Leasing Prices: Land - Standard taxation price of inheritance tax X 4.0/100 Building - Estimated value of building(s) X 12/100 (2)Favoring Measure: Reduction of leasing price to one-half (maximum limit - 10 million yen per year). (3)Period: Less than 5 years. ¡If the Subject Leasing the Land is the Ehime Land-Development Agency Eligibility Conditions (1)Business Category: Same as above. (2)Condition: Same as above. Favoring Measure (1)Favoring Measure: The Ehime Land-Development Agency will lease the land at an inexpensive price (price will be discussed case by case.) (2)Condition: Reservation for purchasing the land within 5 years. ¡If the Subject Leasing the Land is a Private Enterprise, Etc. (Excluding Ehime Prefecture, the Land-Development Agency and municipalities) Eligibility Conditions (1)Eligible Businesses: Businesses that Ehime Prefecture recognizes and invites into the prefecture as able contributors to the development of local industries. (2)Business Category: Same as above. (3)Condition: Must begin business operations within 2 years from lease contract date. Favoring Measure Equivalent to one-half of reasonable rent (maximum limit - 10 million yen) |
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Ehime Prefectural Capital Loans Program for Setting Up New Businesses (For Small & Medium Sized Businesses) ¡Eligibility Conditions: Small and medium sized businesses that meet the Small and Medium Sized Business Standards Law, locating on land suitable for establishing factory facilities. ¡Funding (1)Applies To: Cost for the building of a new factory or building extension facilities to an existent factory, including cost for land and the building. (2)Funding Amount: One-half of the applicable cost (maximum limit - 100 million yen) (3)Eligibility Condition: Rate of Interest - will fluctuate in accordance with the market's rate of interest. Term of Redemption - 10 years (including the unredeemable period of 2 years) (4)Others: Requirement of employment increase, limits on districts to which the program applies, etc. Other than the measures explained above, there are some tax reduction and exemption measures applicable to: developing districts where manufacturing industries are in development, new industrial urban districts, underpopulated districts, farming districts where development of industries such as manufacturing is being promoted, and districts participating in peninsula promotion operations. |
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For inquiries, please contact: Industrial Promotion Division, Economy and Labor Affairs Department, Ehime Prefectural Government Telephone Number: 81-89-941-2111 |
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