Start a Business in Fukuoka
Fukuoka, the start-up centre of Japan, enjoys the fastest growing population amongst Japanese cities with a large young population.
Fukuoka is geographically the closest to the Eurasian continent in the Japanese islands and therefore it has historically cultivated a culture more open to foreign things than other regions in Japan. Fukuoka is also located in the centre of Asia. Tokyo and Shanghai are reachable in 1.5 hours from the airport, which is located near the city centre. Other Asian major cities including Hong Kong, Singapore, Bangkok and Seoul are also directly accessible.
However, the greatest strength appealing to overseas businesses and entrepreneurs will be its costs. For example, office and house rental fees in Fukuoka are considerably lower than in bigger cities in Asia such as Tokyo, Hong Kong and Singapore.
One of the most liveable cities in the world
Fukuoka is the capital city of Kyushu whose GDP is equivalent to that of Austria (the 26th largest economy in the world (IMF, 2019)) and therefore it has all the necessary functions as a business hub.
Nevertheless, the city is compact and surrounded by rich nature. Turquoise blue beaches, white sands and green mountains are reachable within 1 hour from the city centre. Fukuoka is ranked as one of the most liveable cities in the world by UK magazine Monocle every year.
Best city for test marketing in Japan
Fukuoka has also been deemed as the best city for test marketing in Japan. The size and functionality of the city, as well as their positive attitude towards new things, make both domestic and international companies choose the city as a place to test consumers’ reaction to their new products and services.
Of course, once the company gets confident as a result of such a test, it can seamlessly expand its business all across Japan or relocate the main place of business to Tokyo or else.
Fukuoka city’s support
Fukuoka City offers various support exclusively for foreign entrepreneurs doing an innovative business in Fukuoka. For details, please read our articles: Fukuoka City National Strategic Special Zone (1) “Startup Visa” (which has been updated in New One-Year Startup Visa, the First of Its Kind in Japan) , (2) “Tax Reduction for Startups” and (3) “Financial Aid for Renting Residential and Office Spaces”.