Fukuoka City: Asia’s Emerging Gateway for Startups & Finance

Fukuoka City, located on the northern shore of Kyushu, is increasingly recognized not just as a vibrant tourist destination, but as a strategic base for global business expansion. With its push to attract international financial institutions, a strong startup culture, and generous support for foreign entrepreneurs, Fukuoka offers both cost-efficiency and growth potential.

In this article, we’ll explore why overseas companies and investors should take Fukuoka seriously as a gateway to Asia and a launching pad for innovation.

Fukuoka’s Strategic Position in Asia & International Finance

Source: https://www.britannica.com/place/Fukuoka-prefecture-Japan

Fukuoka’s geographic location makes it a natural bridge between Japan and other Asian markets. Positioned in Kyushu, the city is close to mainland Asia, offering shorter flight times to regions like Korea, China, and Southeast Asia compared to many other Japanese metropolitan centers.

To capitalize on this advantage, Fukuoka has been aggressively developing its international financial function. The city is attracting foreign banks, asset managers, and FinTech firms by promoting favorable regulatory frameworks and tax incentives.

Subsidy & Incentive Programs for Foreign Firms

Business Establishment Support
Fukuoka offers targeted subsidies for foreign and foreign-affiliated companies that are establishing offices in the city — especially in knowledge-creation sectors such as fintech, semiconductors, software, robotics, as well as health, environment, energy, logistics, and trade.

According to Fukuoka City’s Business Establishment Subsidy program:

  • For foreign firms setting up leased offices, they must apply before signing the lease.
  • These firms must begin operations within 1 year of application, and maintain the location for 5 years to receive the full benefit.
  • This makes Fukuoka especially attractive for foreign financial institutions, R&D labs, or services-focused businesses.

Startup Rent Support
Foreign entrepreneurs are eligible for a rent subsidy for both their residences and business offices for up to 12 months.

  • The program covers up to 50% of monthly rent (max ¥70,000/month for housing; ¥50,000/month for office).
  • Eligible industries include fintech, semiconductors, software, robotics, medical/health, energy, logistics, and international trade.
  • Applicants must have a business visa (Business Manager) or a designated-activities/residential status aligned with startup preparation.

Financial Institution / FinTech Subsidies
Fukuoka Prefecture has specific grants for foreign and foreign-affiliated financial institutions and FinTech firms establishing a base in the city.

  • These subsidies cover costs related to setting up offices, R&D labs, or other business bases.
  • The support applies to entities like banks or asset management firms, as well as IT-driven financial companies.

Tax & Corporate Support
Under Fukuoka’s “Startup Package,” there are significant tax incentives for new, innovative businesses.

  • For startups in medical tech, IoT, and advanced IT, the program offers up to 5 years of corporate tax exemption (national + city tax, depending on the business).
  • For foreign-invested firms, the city may reduce city-level taxes when the company establishes functions like R&D, business management, or HQ operations.

Startup Ecosystem & Innovation Culture

Fukuoka has worked hard to brand itself as a global startup city. Through Fukuoka Growth Next (FGN) and other incubators, the city provides a strong support base for early-stage businesses.

  • The Startup Package not only includes rent subsidies, but also access to startup funding. For example, entrepreneurs can apply for loans (up to ¥35 million) at favorable rates.
  • Fukuoka Growth Next offers English-speaking consultants, legal/accounting advisors, and government liaisons in a co-working/incubator environment.
  • The city also solicits demonstration projects in emerging tech, such as AI, IoT, and data-driven public services — selected projects receive regulatory support, public data access, and PR backing.

This ecosystem is ideal for global startups aiming to scale in Japan or use Fukuoka as a base to access other Asian markets.

Talent & Quality of Life

One of Fukuoka’s biggest advantages is its quality of life, which is highly attractive for traditional businesses, startups, and relocating executives alike.

  • The city is relatively compact but modern, combining urban infrastructure with green space and coastal access.
  • There is established support for foreign talent: Fukuoka’s international business team helps with visa procedures, incorporation, and housing advice.
  • For families and long-term residents, Fukuoka offers a livable environment with good healthcare, schools, and transport — without the costs or stress of Japan’s largest cities.

The lifestyle appeal, combined with lower operating costs than Tokyo or Osaka, makes Fukuoka a strong candidate for businesses that prioritize both innovation and sustainable talent retention.

Long-Term Vision: Growth, Innovation & Asia Connectivity

Fukuoka’s strategy is not just about attracting offices — it’s building a long-term, globally competitive innovation economy:

  • By combining incentives for financial institutions, startup ventures, and innovation R&D, Fukuoka is positioning itself as a dynamic hub for both finance and tech.
  • Its role as a gateway to Asia is reinforced by its proximity to other major markets and well-developed transport infrastructure.
  • The city’s commitment to knowledge-creation industries (fintech, semiconductors, robotics), health/medical sectors, and green energy aligns with global technology trends.
  • Fukuoka’s long-term demographic strength (relatively younger population growth compared to other Japanese cities) supports a positive outlook for business sustainability.

In short, Fukuoka is not just offering temporary perks — it is building a sustainable, future-facing business ecosystem for globally minded firms.

Summary

Fukuoka City stands out as a gateway to Asia, a startup-friendly environment, and a financial hub in western Japan — all wrapped in a high quality-of-life package that foreign executives and founders increasingly value. With strong financial incentives, startup support, and one-stop services for global businesses, it’s not just a place to open an office—it’s a place to grow, innovate, and connect.

For overseas companies evaluating their next base in Japan — whether in fintech, healthtech, or high-growth tech — Fukuoka deserves a prominent spot on the map.

Feel free to contact us

MAY Planning provides advice on entry strategy & business feasibility for Fukuoka, regulatory guidance for financial licenses, and long-term innovation strategy consulting. We also offer support on subsidy application, visa and relocation assistance.

References:
1)福岡市国際金融機能誘致TEAM FUKUOKA. (n.d.). FUKUOKA CITY. https://financialcity.fukuoka.jp/
2)Offices for Research & Development | Offices of Foreign & Foreign-Affiliated Companies. (2022, October 1). Fukuoka City Business Establishment Support Program. https://financialcity.fukuoka.jp/assets/img/subsidy/kofukin_en.pdf
3)BUSINESS ESTABLISHMENT SUBSIDY. (n.d.). FUKUOKA CITY. https://www.financialcity.fukuoka.jp/subsidy.html
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5)Office and Residential Rent Subsidy Program for Foreign Startups (FY2025). (2025, March 28). FUKUOKA CITY. https://www.city.fukuoka.lg.jp/keizai/g-startup/business/rent_subsidy_english_2025.html
6)Office and Residential Rent Subsidy Program for Foreign Startups (FY2024). (2024, April 18). FUKUOKA CITY. https://www.city.fukuoka.lg.jp/keizai/r-support/business/rent_subsidy_english_2_2_2.html
7)スタートアップ賃料補助 募集要項(2025 年度). (n.d.). FUKUOKA CITY. https://www.city.fukuoka.lg.jp/keizai/g-startup/business/documents/2025bosyuyoukou.pdf
8)WHY FUKUOKA? The Fastest Growing City in Japan. (n.d.). STARTUP CITY FUKUOKA. https://fukuoka.startup-city.jp/
9)企業進駐福岡市指南. (2024, May 28). FUKUOKA CITY. https://www.city.fukuoka.lg.jp/keizai/k-yuchi/business/kigyouritti_ct.html