Local Support Systems

Ibaraki Prefectural Government

Exemption from prefectural taxes for businesses in Ibaraki Prefecture

Exemption from prefectural taxes for businesses that set up or construct a new office(factory， plant, etc.) in Ibaraki Prefecture and hire at least fivve additional employees by March 2015

・Exemption for three years from enterprise tax on ∞rporations， depending on the percentage of employees additionally hired when opening a new office， etc.
・Exemption from real estate acquisition tax for buildings and land (the part on which the building is built) related to the opening ofthe new office, etc.

City of Tsukuba

Tax abatement for entities engaged in one or more strategic zone projects

① Exemption from fixed asset tax and city planning tax for corporate entities that engage in projects in the international strategic zone and receive corresponding national preferential tax measures (tax measures for the promotion of investment in plant and equipment) by March 2016

・Abatement for up to three years of fixed asset tax and city planning tax related to buildings, machinery, equipment and land

② Exemption from fixed asset tax and city planning tax for those who provide land for verification tests by March 2016

Tsukuba City Subsidy for stimulating industries

For enterprises opening a new office，etc. in the city by March 2015, a subsidy equivalent to the fixed asset tax for the office in question

・A one-year (three years for robotlenvironment-related enterprises) subsidy equivalent to the fixed asset tax on the land, building and depreciable assets of the new office, etc. depending on the number of employees additionally hired when opening the new office, etc.