Support features
Select Kanagawa NEXT
In order to revitalize the economy and create jobs in the prefecture, Kanagawa has established Select Kanagawa NEXT, a business attraction policy to bring in outside companies that also stimulates reinvestment by local companies.
Effective period: April 1, 2024 - March 31, 2028
Investment Promotion Subsidy
- Target
- Relocation from outside the prefecture / Reinvestment within the prefecture
Subsidies are provided up to a certain percentage of the total investment in land, buildings, and equipment.
- Subsidy amount
-
3% (large companies), 6% (small and medium companies) of the total investment, up to 500 million yen.
For those utilizing the special zone system, etc.(*) the amount of this subsidy becomes 6% (large companies) or 12% (small and medium companies) of the total investment, up to 1 billion yen.(*) Applicable to cases where business development is planned by utilizing the special zone system, or where the average guest room area for a lodging facility is 40 m2 or more, and a limousine bus stop is to be built.
Tax Benefit
- Target
- Relocation from outside the prefecture / Reinvestment within the prefecture
Half of the real estate acquisition tax (*) is waived.
(*) In Urban Revitalization Zones, the real estate acquisition tax is further reduced by 3/10 or 6/10, up to a maximum of 4/5, by utilizing the special measures for local taxation as determined by the local government.
Low Interest Financing (only for SMEs)
- Target
- Relocation from outside the prefecture / Reinvestment within the prefecture
The prefecture provides subsidies to financial institutions, allowing them to offer loans at lower interest rates. In addition, long-term and fixed loan terms are set.
- Financing amount
-
Up to 1 billion yen. However, the loan shall be no more than 80% of the project cost (*) and the loan period shall not exceed 20 years (including a grace period of up to two years).
(*) Not eligible for financial leasing and installment payments for equipment and building lease contracts.
- Interest rate
-
For details, please contact the Financing Division
Financing Division045-210-5681
Rent Subsidy
- Target
- Relocation from outside the prefecture / Reinvestment within the prefecture (only for foreign companies)
Subsidies are provided to factories, laboratories, offices, and other business establishments within a maximum amount equal to a certain percentage of the rent.
- Subsidy period
-
6 months (from the start of operation)
- Subsidy amount
-
- 1/3 of the monthly rent (excluding consumption tax, security deposit, and key money), up to 6 million yen.
- For those utilizing the special zone system, etc., the rent will be half of the monthly rent, with a maximum of 9 million yen.
Requirements for approval
Business facilities such as factories, laboratories, and facilities with headquarters functions
| Item | If a new business facility is established | If no new business facilities are established | Remarks |
|---|---|---|---|
| Application date |
Application must be submitted before the date of contract for land, building, etc. | ー | |
| Target industries |
※R&D Centers for all industrial sectors are included |
Not specified | A comprehensive judgment is made based on the manufactured goods and clients at the newly established business location, etc. For more information, please contact the Investment Promotion and International Business Division. |
| Target business types |
|
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| Investment amount |
Large companies: ¥2 billion or more Small and medium-sized companies: ¥50 million or more |
4 billion yen or more | There is no investment amount requirement for rent-subsidized projects only. |
| Employment | Large companies: 30 or more Small and medium-sized enterprises: 10 or more (for rent subsidy projects, at least 5 in designated areas (※3)) |
60 people or more | The calculation formula is (a+b). a Number of permanent employees (※4) b Half of the number of non-permanent employees (※4) (This can only be calculated if it is less than a.) |
| Decarbonization efforts |
|
ー | |
- Regional Development Industry
- The following industries are eligible for support as regionally developed industries, provided that they are located in the Special region.(※3)
Manufacturing (food products, beverages, general-purpose machinery and equipment, production machinery and equipment, business machinery and equipment)
-
- ※1
- A "Fabless Company" is a "manufacturing leaser" that does not manufacture its products on its own, but supplies raw materials that it owns to subcontract factories, etc. to manufacture its products, which are then wholesaled under its name.
-
- ※2
- A "duty-free store" is a retail business licensed as a bonded warehouse under Article 42 of the Customs Act (Law No. 61 of 1954). Permission must be obtained before the start of operation.
-
- ※3
- Special area covers the Yokosuka-Miura area (Yokosuka City, Kamakura City, Zushi City, Miura City, Hayama Town) and the prefecture’s west area (Odawara City, Minami Ashigara City, Nakai Town, Oi Town, Matsuda Town, Yamakita Town, Kaisei Town, Hakone Town, Manazuru Town and Yugawara Town).
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- ※4
- Among those who are employed for the operation of a business establishment, etc., and who have submitted a notification of being insured by employment insurance as stipulated by Article 7 of the Employment Insurance Act (Act No. 116 of 1974) and have received the confirmation of Article 9, paragraph 1 of the same Act, and who are either general insured persons prescribed in Article 60-2, paragraph 1, item 1 of the same Act, or senior citizen insured persons prescribed in Article 37-2, paragraph 1 of the same Act, those who have no fixed term of employment are defined as permanent employees, and those with fixed term of employment are defined as non-permanent employees.
Lodging facilities
| Item | Located in the Yokohama and Kawasaki area | Located in other areas |
|---|---|---|
| Application date |
Application must be submitted before the date of contract for land, building, etc. | |
| Target industry |
Tourism-related industries | |
| Target business types |
Lodging (limited to inns and hotels) | |
| Number of rooms |
100 rooms or more |
|
| Average room size |
20m2 or more | |
| Items related to Act on Development of Hotels for Inbound Tourists | Registered as a hotel or inn under the Act on Development of Hotels for Inbound Tourists (Act No. 279 of 1949) (Registration is required before the start of operation) |
|
| Items related to foreign tourist information centers | An information center for foreign tourists certified by the Japan National Tourism Organization must be located in the lodging facility.(※5) (Must be installed before the start of operation) |
|
| Decarbonization efforts |
|
|
-
- ※5
- This means the presence of a foreign tourist information center certified by the Japan National Tourist Organization inside a lodging facility, regardless of whether the classification of certification is Category I, II, III, or a partner facility.
