【EN-sup-118]】Subsidy for supporting business foundation of foreign financial companies

*This subsidy was abolished in fiscal year 2024. For the subsidy from fiscal year 2025 onwards, please refer to the Subsidy for Foreign Financial Companies to Enter and Settle in Japan .

In order to encourage foreign financial companies ^*1 to enter the Tokyo market, the Tokyo Metropolitan Government will provide subsidies to cover a portion of the expenses necessary to promote the growth of Japanese corporations, etc. ^{*2 that have recently been established in Tokyo by foreign financial companies.}

1. A corporation established under foreign law that operates an asset management business or a FinTech business
2. Established a base in the year before or two before the year of application for this subsidy
3. This refers to a Japanese corporation or a Japanese branch established by a foreign financial company.

Expenses eligible for subsidy

Licensed asset managers are rated 1-7, other asset managers and FinTech companies are rated 1-4

1. Office rent: Office rent necessary for carrying out business
2. Consulting expenses from specialist institutions, etc.: Expenses paid when consulting with external specialist institutions, etc. to receive advice and guidance regarding knowledge and methods necessary for the growth of the company and solving problems in carrying out business operations.
3. Purchase of equipment, etc.: Purchase of equipment, etc. that performs a function independently, such as desks, chairs, PCs, office equipment, or software, necessary for carrying out the main business, to be installed and used in offices in Tokyo
4. Recruitment expenses: Expenses paid to paid employment agencies
5. Association membership fee and annual fee: Membership fee and annual fee for joining the association
6. Compliance business support expenses: Expenses paid to compliance business support companies
7. Operational administration outsourcing costs, etc.: Expenses paid to middle and back office business outsourcing companies

Subsidy Limit

Notes

• Please consult with the Tokyo Business Center in advance and then consult with the Tokyo Metropolitan Government in advance. (Until November 30, 2024)
• Application for issuance (until January 31, 2020)
• Subsidy recipients are required to continue their business for two fiscal years following the end of the fiscal year in which the grant was approved.
• Please note that if you receive a subsidy, your company name, details of the subsidy, etc. may be made public.

For details on other precautions, please refer to the following document.

• Application Guidelines(PDF:1.2MB)
• Grant Outline(PDF:348KB)

Please use the following form to apply:

• Form No. 1 (Word: 19KB)
• Form No. 2 (Word: 86KB)
• Form No. 3 (Word: 24KB)
• Form No. 4 (Word: 21KB)
• Form No. 7 (Word: 30KB)
• Form No. 9 (Word: 23KB)
• Form No. 10 (Word: 21KB)
• Form No. 11 (Word: 20KB)