OVER VIEW What is Kansai Innovation International Strategic Comprehensive Special Zone
In the Kansai Innovation International Strategic Comprehensive Special Zone, national/local government and economic organizations provide support to corporations that are planning to develop new business operations in 6 key fields (pharmaceuticals, medical devices, advanced medical technologies, preemptive medicine, battery technologies, and smart communities).
In addition to regulatory exceptions, comprehensive measures are being implemented to provide such corporations with support in the form of financial aid, tax breaks, and support for interest payments.
Assistance Measures for the Comprehensive Special Zone
Regulatory Exemption Measures
In addition to already approved regulatory exemption measures etc., special measures will be added that were decided to be taken through discussions in national and local councils based on proposals etc. from regions.
Measures to Provide Tax Incentives
Corporate entities can receive corporate tax breaks to be used to provide relief from taxes arising from the acquisition of equipment, such as machinery, devices, and research facilities, which are being purchased for the explicit purpose of engaging in business operations that align with the Comprehensive Special Zone Plan.
Measures to Provide Fiscal Assistance
In order to assist the realization of the Comprehensive Special Zone Plan, the budget systems of various governmental ministries will be utilized as the main financial resource. If the budgets fall short, the Comprehensive Special Zone Coordination Fund will be transferred from the budget for the Cabinet Office to the budgets for governmental ministries to adaptively supplement the financial resource.
Measures to Assist in Interest Payments
For cases where it is necessary to receive a loan from a financial institution in order to conduct business operations that will contribute to the advance of the Comprehensive Special Zone Plan, it may be possible to receive a Comprehensive Special Zone Assistance Interest Rate Subsidy
Kansai International Strategic Comprehensive Special Zone
Regional Council Secretariat
6-2-27 Nakanoshima, Kita-ku, Osaka-shi, Osaka Prefecture,530-6691
(Nakanoshima Center Building 30F, inside of the Kansai Economic Federation office)