Doing Business

About Starting a Business in Japan

There are many reasons for wishing to establish or expand your business in Japan, and also many different ways to enter the Japanese market.

Report: Japan Entry Strategy

About the Report

This report on ‘Japan Entry Strategy’ provides answers to key questions such as: ‘Why invest in Japan?’, ‘Which are the key steps in entering the market?’ and ‘What are the major entry strategies?’ Vital information regarding legal requirements, partnerships, franchising and licensing are also covered in this comprehensive report.

About the Expert 

Do's & Don'ts

Adapting your professional etiquette to the Japanese business environment may seem like a daunting task!

01-04-14 | 10:30 h - 11:30 h Brussels time

Webinar 08: Starting a Business in Japan

What are the legal procedures that those foreign companies will need to go through in a process of launching a business in Japan and the points to optimize the business plans according to such legal regulations of Japan?

Political Highlights

Japan is a constitutional monarchy with a parliamentary government. The Emperor does not have any political power and is chiefly the symbol of the state. The Japanese Parliament is called the Diet. It consists of the House of Representatives (480 seats) and the House of Councillors (242 seats). The Cabinet is headed by the Prime Minister, who appoints its members. These are usually members of the Diet, which in turn elect the Prime Minister.

Economic Overview

Third largest economy in the world, Japan had a GDP worth 5082 billion US dollars in 2019, a value that represented 4.22% of the world economy. The country is also a high-tech powerhouse economy in Asia: in fiscal year 2018, the expenditures on research and development (R&D) in Japan reached approximately 19.5 trillion Japanese yen, equating 3.6% of the country's GDP. Exports are an important growth driver of Japan, the external demand accounting for 18.5% of its total GDP in 2018.

Why Japan?

There are numerous reasons for investing in Japan. For starters, Japan is a large country offering a wide range of business opportunities. Forty-seven prefectures, spanning from the metropolitan area of Tokyo to the snow-covered tops of Hokkaido, each present lucrative opportunities to explore.

Cultural and commercial events punctuate the calendar with festivities and exhibitions of various sizes. A mix of exotic and traditional customs, as well as the very latest trends, characterise day to day life in Japan.

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