The Japan current account surplus developed to a 10-year high of JPY 21.87 trillion in the last year, being driven by strong earnings from foreign investments and an all-time high travel surplus, as the local government declared in February of this year.
The local government recently announced that the Japanese economy increased with a yearly real 2.5% between July and September of 2017, which represents a growth of seven consecutive quarters.
The capital investments made by Japanese firms increased with 4.2% in July-September of this year, compared to the same period of last year, as announced by the Finance Ministry in November. This news reinstated the opinions that the local economy still is on a moderate recovery wave.
The government and ruling bodies of Japan plan on holding thorough discussions in order to offer companies certain tax incentives to raise wages by 3 pct or above in the fiscal 2018 tax reform measures.
Just like any other market, however, there is the possibility to make several mistakes when investing in Japan. Here are five of the most common investment mistakes in Japan which our Japan company formation consultants believe are worth mentioning.
In September of this year, the Japanese government sustained its projection related to the economy moderately recovering, increasing the possibility of the current further development to become the second largest in the postwar time frame.
According to the latest tankan report of this year, the confidence among the country’s most important manufacturers has increased to a highest level in the last decade.
No matter if you reside in Japan or just travelling in the country, ATM machines are important in our daly lives. Here, the most commonly met ATMs are those of Japan Post Bank and Seven Bank.
Setting up a business in Japan is quite an easy process, especially when having specialized professionals in company formation in Japan by your side.
The industrial production increased by 1.6% in Japan in June compared to the last month, even though May registered a decrease of 3.6%. In this article, our company formation consultants in Japan further explain this increase, as well as other aspects related to it.
Running a business can be challenging. It is of utmost importance to be aware which type of business to choose in Japan for tax reasons and just in case things do not go as planned.