Tax Measures in the Special Zones
Introduction to special tax measures in the Special Zones
Osaka Prefecture has been designated as a location for two types of Special Zones which are the Kansai National Strategic Special Zone and the Kansai Innovation Comprehensive Global Strategic Special Zone. Osaka Prefecture additionally established a unique tax incentive system for Special Zone for Growing Industries.
The rates of local taxes are reduced for companies that advance into the Special Zones, have their business plan authorized and carry out a project related to alternative energy or the life sciences.
Tax Incentive System in the Special Zone for Growing Industries
Reduction of Osaka Prefectural taxes (Corporate Prefectural Residents' Tax, Corporate Enterprise Tax and Real Estate Acquisition Tax)
Tax Incentive System in the Comprehensive Global Strategic Special Zone
Reduction of Osaka City taxes (Corporate Citizens' Tax, Real Estate Tax, Office Tax and City Planning Tax)