Other than financial support, Yokohama also provides infrastructure support and other facilities to foreign-affiliated companies seeking to jump-start their business in the city. Yokohama World Business Support Centre is run by the Yokohama City Government and located in the Minato Mirai area. It extends assistance to foreign affiliated firms, such as - Incubation/start up offices on rent: Office space at WBC can be rented at a reasonable fee by foreign-affiliated companies starting business in Japan until they set up a permanent base; also waiving-off of security deposit makes more funds available to a start-up company for its business. Support on procedures for establishment of a company and taxation laws: WBC offers consultations with advisors on procedures for starting a business and tax laws in Yokohama. Business enquiries: WBC’s website publishes information on foreign companies and their products along with other relevant information.
This is provided to Japanese companies, and in exchange of Japanese-language enquiries. Recruitment of personnel. Free Business consultation: WBC advisors, who are experienced business experts, provide free consultation regarding international trade, investment in Japan and technology sharing. Sponsoring trade fairs and seminars, hosting business delegations: WBC helps to organize international exhibitions, manage and collaborate seminars, arrange business meetings with Yokohama companies and receive overseas delegation.