Airbnb Inc is finally getting the green light do business in Japan after years of operating in grey areas of the law.
Prime Minister Shinzo Abe’s cabinet approved rules on March 10 that limits home-sharing by private citizens to 180 days a year, according to the final draft of the legislation. The bill, which also leaves room for local authorities to impose their own restrictions, is now submitted for deliberation and approval by Japan’s parliament.
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