For Businesses Locating their Facilities in  Saito Life Science Park

 Subsidies

 
(1) Osaka Prefecture’s subsidies for advanced industry （up to 15 billion yen per area）  available to bio, life science and similar R&D facilities



・10% of buildings and equipment investment (15% for land purchase)
・Additional aid (up to 20%) available when certain conditions are met ( location of head office in Osaka Prefecture, etc.)
・50% of rent  (up to 60 million yen) 


 (2) Osaka Prefecture’s subsidies for investment in Osaka Prefecture （ up to 50 million yen per company ） available to advanced industrial R&D facilities including bio and lifescience field


・5% of buildings and equipment investment amounting to 100 million yen or more for small and medium-sized companies and 500 million yen for large companies
・Additional aid ( up to 10% ) available when certain conditions are met ( location of head office in Osaka Prefecture, etc.)


(3) Osaka Prefecture’s subsidies for equipment of Bio-venture in SAITO Life Science Park （ up to 1 million yen within one half of the real cost to install equipment per company within a fiscal year <Five fiscal year maximum>）


(4) Ibaraki City's subsidies for rest （ that is one part of facility rent )

 Tax Incentives

(1) Osaka Prefecture’s incentives:
・Tax break for industrial attraction reduction in property acquisition tax ( up to 200 million yen )
・Tax break for equipment investment reduction in corporate prefextural tax and corporation tax
 
(2) Ibaraki City’s incentives:
・Incentives for corporate location reduction in fixed property tax and city planning tax


(3) Also available:
・Business creation tax incentive for companies newly establishing in Osaka Prefecture


(4) Other information:
・O-BIC　（Osaka Business & Investment Center）　http://o-bic.net/




 For detail information of Subsidies and Tax Incentives to;  


"Incentive Programs for Foreign Investment in Osaka" (PDF file)

< include below; 
    ・Subsidies for Investment Promotion
    ・Preferantial Taxation
    ・Loan　（Business Location Promotion Loans) >



*The above subsidies and tax incentives  are applicable in fiscal year 2009 subject to change without pre-notice.