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Application of a subvention for SMEs or registered freelancers is now open

Japanese government started accepting an application of a subvention for SMEs or registered freelancers who are seriously affected by the covid. Deadline: 31 May. I'll translate and share the application procedure within a week. Thanks for patience! (Appended on 9 February) Slides with translation is uploaded. See below)

【Overview of the subvention】

Any SMEs or registered freelancer* in Japan is eligible if:

(1) affected by the covid pandemic; and

(2) experienced sales decline by more than 30 % in any month between Nov 2021 and Mar 2022, compared to the same month of 2018 - 2021.

Amount of the subvention:

¥2.5 million max for SMEs, and ¥500,000 max for registered freelancers.

*'Registered freelancer' means 'kojin-jigyonushi' (個人事業主), who has submitted a notification a local tax office.

Disclaimer: Any discrepancies or differences created in the translation are not binding and have no legal effect for compliance or enforcement purposes. Posse Nippon is not liable for any resulting discrepancies in this unofficial translated text, it is provided as a reference only.

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