Is Tokyo's special economic zone destined to be a flop

In recent years, Japan has been losing losing its competitive advantage as foreign companies choose to locate their headquarters in other more business and tax-friendly Asian cities such as Singapore and Hong Kong.

As a way to increase the nation's international competitiveness the Japanese government recently announced plans to create special international business zones in seven areas across Japan. Locating your business within one of these zones will qualify you for certain tax breaks.Read more