 Business
in Japan
To do business in Japan, Company Establishiment and Incorporation
Procedures in Japan are shown as follows
Company Establishment and Incorporation Procedures in Japan
In case of establishing a company to do business in Japan, there
are three kinds of company formations, namely, “Branch”, “Yugengaisya”
(“YK”, limited private company) and “Kabushukigaisya” (“KK”, joint-stock
company). The requirements and procedures for registration with
a Japanese Regional Legal Affairs Bureau are as follows:
“Branch”
- Requirements -
- A representative who has a residence in Japan is required.
- A business place should be established with the address of a
representative or other place.
- Required Documents -
- Articles of association of a head office
- Qualification certificate of a representative in Japan
- Declaration letter (this requires attestation by any constituted
authorities in his or her native country or official bodies in
Japan)
- Capital -
- Costs and expenses required for registration -
- Registration tax Yen90,000
- Other misc. expenses (Co’ seal, etc.,) approx.Yen30,000
“Yugengaisya”
(“YK”)
- Requirements -
- A representative who has a residence in Japan is required.
- A business place should be established with the address of a
representative or other place.
- One or more directors are required (A representative w ho has
residence in Japan is required).
- Required Documents -
- Articles of association certified by a notary public.
- Qualification certificate of a representative in Japan.
- Bank’s certificate of custody of paid-in capital.
- Minutes of meeting of board of directors.
- Capital -
- Not less than 3 million yen
- Costs and expenses required for registration -
- Registration tax Yen60,000
- Certification charge of Article approx. Yen92,000
- Bank charge of certification of custody approx. Yen25,000
- Other misc. expenses (Co’ seal, etc.,) approx. Yen30,000
“Kabushukigaisya”
(“KK”)
- Requirements -
- A representative who has a residence in Japan is equired.
- A business place should be established with the address of
a representative or other place.
- Not less than 3 directors and 1 auditor are required (Among
them, a representative who has residence in Japan is required.
It is allowed, even if all others are foreigners who have residences
in overseas countries.)
- Required Documents -
- Articles of association certified by a notary public.
- Qualification certificate of a representative in Japan
- Bank’s certificate of custody of paid-in capital
- Minutes of meeting of board of directors
- Capital -
- It is requisite that the capital of “KK” is not less than ten
million yen. As a preferential measure, however, “KK” may be established
with capital of less than ten million yen, for example, only one
yen, for a period of 5 years, if its representative in Japan is
accredited by the Bureau of Economy, Trade and Industry under
the Law for Facilitating the Creation of New Business.
- Costs and expenses required for registration -
- Registration tax Yen150,000
- Certification charge of Article approx. Yen92,000
- Bank charge of certification of custody approx. Yen50,000
- Other misc. expenses (Co’ seal, etc.,) approx. Yen50,000
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Company
Establishiment and Incorporation Procedures in Japan
