TOKYO, Apr 02 (News On Japan) –
The Japanese authorities accepted a cupboard ordinance on April 1st to introduce a brand new pre-screening system for international firms investing in Japan. The revised regulation will take impact on May nineteenth.
Under the change, buyers who’re obliged to cooperate with international governments in intelligence gathering can be outlined as “specified foreign investors” and can be required to submit prior notification with out exception.
The transfer is seen as geared toward people and firms from China.
Source: テレ東BIZ