On 21 January, the EBC, in collaboration with the European Business Organisation Worldwide Network (EBOWWN) is organisinga webinar on the Regional Comprehensive Economic Partnership (RCEP). In this webinar with EBO Speakers from various Asian countries, you will learn how our experts on the ground evaluate the key achievements and limitations of the RCEP. They will also discuss the impact the trade deal will likely have on supply chains and trade volumes across Asia. If you want to register, please see further details below.
The EBC’s role is to advocate on behalf of the European private sector in Japan. On 25 November, we issued a Statement on the proposals to amend inheritance tax regulations. If you are interested in this topic, please read the following EuroBiz article.
The Tax Committee has from 2021 a new Chair, Benjamin Sainsbury of PwC. He will be taking over after Hans-Peter Musahl who has been with the EBC for a long time and has very successfully chaired the Tax Committee and been instrumental in shaping the policy and position of the EBC in regard to the tax field. You will find a short message from Ben below.
Moreover, we remain active in monitoring the borders situation and you can contact the EBC if your company encounters any problem with the recent closure due to COVID-19 and its new strains.
We hope you stay positive and healthy during this difficult time,
EBC Chief Operating Officer
European Business Organisation Worldwide Network (EBOWWN) webinar on the Regional Comprehensive Economic Partnership (RCEP) – 21 January 2021
The EBC, in collaboration with the European Business Organisation Worldwide Network (EBOWWN), is organising a webinar on the RCEP on 21 January (17:00 – 19:00).
17:00 Introduction, Mr Jason Collins – President EBOWWN
17:05 Introduction RCEP presentation – Dr Deborah Elms, Asian Trade Centre
17:15 Moderated Panel discussion
18:25 Q&A session (questions from the audience)
18:55 Closing remarks
The RCEP is a free trade agreement (FTA) that was signed on 15 November 2020 between the 10 ASEAN Members, its dialogue partners Australia, China, Japan, Korea and New Zealand, and is an important milestone in the regional economic integration.
Companies located in the RCEP-region can leverage on this FTA and benefit from the preferential market access provided.
Learn how our experts on the ground evaluate the key achievements and limitations of the RCEP. They will also discuss the impact the trade deal will likely have on supply chains and trade volumes across Asia.
Free for 35 members of the EBC in Japan on a first-come, first-served basis
EBC Statement on the proposals to amend inheritance tax regulations
The Japanese Government has recently indicated that it might remove, in some circumstances, worldwide inheritance taxation for foreign nationals. This has and continues to be a disincentive to remain in Japan beyond ten years over a 15 year-period.
Tax Committee – Message from Mr. Benjamin Sainsbury, the new Chair
Happy New Year!
On behalf of PwC Tax Japan I have offered to chair the EBC Tax Committee in support of the members. I would like to thank Hans-Peter for his contributions and will do my utmost to maintain the high standards of his service in the future.
We plan to start the New Year in earnest and propose an (online) meeting later this month. For this, we are inviting you to tell us if there are any tax matters that you would like to wish to raise for discussion? We look forward to hearing from you, and perhaps also joining us.
Tokyo Metropolitan Government
– Sustainable Finance for the Next Generation
– 9 February 2021
Tokyo Metropolitan Government (TMG) has been proactively making efforts to promote sustainable finance through various actions in order to contribute to solving social issues through finance. Tokyo Sustainable Finance Week is organized by the TMG from Feb 8th 2021, with the aim to promote financial services that contribute to the establishment of a sustainable city and to develop Tokyo’s presence in the field of sustainable finance.
‘Sustainable Finance Forum’, a high level forum for public and private sectors, including financial institutions and financial industry groups, will be held during the Tokyo Sustainable Finance Week to discuss various possibilities offered by sustainable finance. At the forum, experts will discuss the latest global trends in sustainable finance, the challenges in the sustainable finance market in Japan and a wide range of possibilities of sustainable finance that leverages the strengths unique to Tokyo. The program is divided into two sessions. In the first half, keynote speakers will introduce current trends in sustainable finance. In the latter half, a panel discussion is organized. The panel experts will discuss the diversification and possibilities of sustainable finance, including the perspectives of the post-COVID-19 era.