Also in the news...
Switzerland: providing services and travelling for business
Guidance for UK businesses on rules for selling services to Switzerland.
UK lands trade deal with South Korea to boost jobs and exports
UK lands momentous trade deal with South Korea to boost jobs and exports
New laws bring the world of work into the 21st century
Over 15 million people across the UK are expected to benefit as the Employment Rights Act receives Royal Assent.
Brilliant Borders: Kenya's Customs goes digital
A new app will save time and money for big businesses and small traders alike, as a longstanding Kenya-UK partnership further improves cross-border trade.
Yorkshire family brewery taps into new export opportunities with Government guarantee
UKEF support helps Wold Top brewery to expand its exports into new markets.
Business culture in Japan
With a GDP of $5.18 trillion, Japan ranks as the third largest global economy, attracting imports from various countries around the world. In the year commencing March 2019, the UK’s exports to Japan were worth £14.6 billion. More and more UK brands are investing in the Japanese market, with some big names such as Ted Baker, Lush and Burberry already making a mark in the country.
Japan has remained unique in maintaining its age-old traditions and values in regard to corporate operations, whilst advancing at a rapid pace in terms of technology and infrastructure. For any foreign company to enter the Japanese market, it is imperative to understand this delicate balance between retaining a top spot in the global economy and holding on to traditional approaches to how business relationships are made.
So, if you are interested in doing business with Japan, here is quick snippet of what to look out for:
If you want to expand your business in Japan, make sure cultural and language barriers don’t limit your reach. Having a trusted translation partner will ensure your message is in the right language and tone to make a positive impact on your target market.