X hits on this document

68 views

0 shares

0 downloads

0 comments

15 / 35

Company Structures

  • Kabushiki Kaisha (Joint Stock Corporation)

    • Most common and meaningful form of incorporation

    • Min. one yen capital, shares can be any value per unit

    • 3 directors, at least 1 Representative Director, non-Japanese OK

      • Only Rep Directors can legally bind the company to contracts

      • At least one Rep Director to live in-country, for daily business and legal

      • Good practice to have other Rep Director someone from HQ

    • 1 statutory auditor

  • Godo Kaisha (Limited Liability Company)

    • Low-end private company vehicle

    • Min. one yen capital

    • 1 director, no statutory auditor

  • Branch office

    • Simplest form of entity allowing foreign firms to do business in Japan

    • No capitalization, just registration with Ministry of Finance and Legal Affairs Bureau

    • One legal representative based in-country

    • Able to conduct business directly with customers, taxed on local income

    • Debts and liabilities fall back to HQ, no firewall

    • To upgrade, start a KK then close down Branch and move assets

Document info
Document views68
Page views68
Page last viewedMon Dec 05 14:52:58 UTC 2016
Pages35
Paragraphs901
Words3765

Comments