There are around\u00a0450 British companies currently operating out of Japan from major FTSE 100 companies to SMEs – from high street names like\u00a0Lush, Ted Baker and Fortnum & Mason to more niche offerings from the like of BrewDog.<\/p>\n
And larger multinationals like\u00a0Barclays HSBC, GlaxoSmithKline and Rolls-Royce also have a strong presence in Japan.<\/p>\n
If you’re thinking of joining them, here’s everything you need to know about exporting to Japan…<\/p>\n
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The strengths of the Japanese\u00a0market include:<\/p>\n
And if you\u2019re thinking of exporting to Japan, the advantages for UK business, are:<\/p>\n
It’s not without its challenges though, not just logistically but culturally and you’ll be most likely to succeed if you have a long-term plan that develops and maintains relationships – which could mean making regular visits.<\/p>\n
The good news is that while it’s historically been a difficult market to access, you can now enter the Japanese market directly due to:<\/p>\n
To make the whole process smoother though, it\u00a0may be worth\u00a0entering the market with the support of local partners.<\/p>\n
And remember, you can now screen share and video conference, using\u00a0Crankwheel<\/a>.<\/p>\n The main tax rates in Japan are:<\/p>\n For more on taxes in Japan, visit JETRO<\/a><\/p>\n Japan has some very stringent customs regulations, check out Japan Customs<\/a> for more information.<\/p>\nHow does tax work in Japan?<\/h2>\n
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How will I be affected by customs in Japan?<\/h2>\n