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September 5, 2023
2023-1470

Japan implements new system to expedite the employment of foreign IT professionals

The Japanese government is creating a new framework that may enable eligible companies to employ foreign IT professionals within one month. The new system is expected to go into effect in late 2023. Once the new system is implemented, regional authorities may conduct pre-assessments of eligible companies and provide prior approval for hiring foreign IT professionals, which will reduce the immigration processing time once these companies employ eligible individuals. The government is expected to initially introduce the new system in 13 National Strategic Special Zones, beginning with Fukuoka City.

A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.

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Full text of Tax Alert

 

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