Business Attraction Subsidy
In effort to promote the attraction of businesses which will contribute to the prefecture’s economy and expand employment opportunities for its citizens, Gunma prefecture will grant a subsidy to factories, examination research facilities, new building construction of existing enterprises, and/or upgrading businesses within the prefecture.
The subsidy will be granted towards the property tax assessed on land and building structures acquired by the site businesses (to a maximum of 100 million yen; however, in the case of an on-site factory, if there are attached research facilities and/or office buildings, the maximum grant is increased to 200 million yen).
Details of expansion
We also support businesses that come to Gunma with our long-term business site promotion funds that have some of the lowest interest rates in the country. Due to the fixed interest rate, the risk of a rise in open market rates can be avoided.
Manufacturing, Logistics, Industrial support services
Industrial complexes:Not more than 1.1% per annum
Land, buildings and equipment
1.5 billion yen
Up to 15 years for land(deferred for up to 3 years)Up to 12 years for buildings(defferd for up to 2 years)