EBC Newsletter – March 17, 2021

The COVID-19 vaccination began last month in Japan and a few days ago, Japanese drugmaker Daiichi Sankyo Co. started manufacturing the AstraZeneca vaccine.

Last week was therefore a timely context for the EBC to hold its Briefing on COVID-19 Vaccines and Tests with Mr. Woxtröm, President of AstraZeneca Japan and Mr. Eda, Head – Portfolio and Life Cycle Management at Roche Diagnostics. I would like to warmly thank our two speakers for sharing their valuable experience with us. I invite you to read the summary of this event and Mr. Eda’s presentation, as well as a EuroBiz article about our Medical Equipment committee. If you wish to join it, please contact the EBC !

Finally, let me draw your attention to a JETRO Seminar on the 2021 Tax Reform, organised this afternoon. As the 2021 tax reform plan includes a wide range of revisions, such as an exemption from inheritance tax for certain foreign nationals staying in Japan for a long period of time and a major revision of the requirement to affix a seal to tax-related documents, this webinar will provide you important information!

Enjoy your reading,

We hope you stay positive and healthy during this difficult time.

Valerie Moschetti
EBC Chief Operating Officer

Summary of the EBC Briefing
Mr. Eda’s PPT

The members generally meet once a month and remind regulators of the valuable role their products play in Japan – not just in dealing with the current pandemic, but also with Japan’s rapidly ageing population.

This EuroBiz article will tell you more about the Committee’s work.

In addition to the establishment of a new tax system to promote “digitalization” and “greening,” the tax reform plan includes a wide range of revisions, such as an exemption from inheritance tax for certain foreign nationals who stay in Japan for a long period of time and a major revision of the requirement to affix a seal to tax-related documents.

The seminar will be provided in Japanese and English separately, but the content will be the same.

• Date & Time: March 17, Wednesday 4PM-5PM(JST)/ 7AM-8AM(GMT)
  ※Seminar in Japanese will be held at 2PM-3PM (JST) on the same day as explained in the Japanese text above.
• Agenda
  -Outline of changes in corporate taxation, individual taxation, asset taxation and tax administration.
  -Q&A session
• Language: English
• Fee: Free of charge
• Speaker: Ms. Naoko Sato (Tax Accountant)
• Venue: Online (using Zoom system)
• Register from here: https://www.jetro.go.jp/form5/pub/jad/tax_reform_sem_en

For inquiries, please contact:
Invest Japan Business Support Center (Ms. Tsuyuki, Ms. Tamura)
TEL：03-3582-8347
FAX：03-3584-6024
E-MAIL：[email protected]

This year’s White Paper is called “Strengthening partnerships – in crisis and opportunity alike” . The opportunity is of course referring to the EU-Japan EPA that entered into force on February 1, 2019. Unfortunately, at the same time the COVID -19 crisis struck the world.

We are, however, confident that with our recommendations, the European and Japanese economies and companies will continue to prosper.

• Free Membership to the EBC and participation to all EBC sectoral committees;
• His logo on the EBC website (homepage and/or dedicated sponsors’ web page);
• His logo/name in the EBC White Paper;
• His company banner/information material/keynote speaker at the EBC Briefings;
• His company name listed in EuroBiz Japan (EBC monthly magazine).

We can also adapt your sponsorship / membership to your budget.

If you are interested in supporting the EBC, please have a look at the new Sponsorships Scheme and contact us at: [email protected] for further details!