Article written by Lyckle Griek, Owner, Japan U
Although the Chubu area only comprises about 10% of the national area in geographical terms, it accounts for 20% of the nationwide share in shipments of manufactured goods and is a catalyst driving Japanese economy with its manufacturing base.
The Chugoku Region is located in the western part of Japan. It borders the regions of Kyushu, Shikoku and Kansai, making it a transportation hub for all of western Japan.
in May 2015, METI published revised guidelines for the Special R&D costs Tax credit scheme, necessitated by the tax reforms of the Abe government in April 2015. The Special R&D costs Tax Reduction scheme is one of the R&D tax credit schemes where it is possible to cut part of the costs for experimental research.
In 2015, in order to promote open innovation in enterprises, the Abe Tax Reforms introduced a number of enlargements in this programme:
