Expands Scope of Industries Subject to Prior Notification for FDI

On 27 May 2019, revisions of Japan’s inward investment screening processes were published in the official gazette. The changes, contained in two public notices, subject additional businesses or expand the scope of already listed businesses, such as manufacturing of integrated circuits, software and telecommunications, to the coverage of the review mechanism. The changes came into effect on 1 August 2019 and apply to transactions as of 31 August 2019.

• Type:

  • Entry and establishment (Approval and admission)

• Industry:

  • Services (Telecommunications)

• Sources:

  • Ministry of Economy, Trade and Industry, Addition of Businesses Required to Submit Prior Notification Concerning Inward Direct Investment, etc., https://www.meti.go.jp/english/press/2019/0527_001.html, 27 May 2019
  • JDSUPRA, METI Expanded Scope of Industries Subject to Prior Notification for Foreign Direct Investment, https://www.jdsupra.com/legalnews/meti-expanded-scope-of-industries-93768/, 27 Jun 2019
  • Morrison Foerster, Japan Is Tightening Regulations Applicable to Foreign Direct Investment in the Information and Communications Technology Sector, https://www.jdsupra.com/legalnews/japan-is-tightening-regulations-32820/, 04 Jun 2019