Content
1.What are the advantages of Japanese companies?
2.Types of Companies in Japan
3.The process and time required for Japanese company registration
4.how long does it take to register a company in Japan?
5.Annual Review and Taxation
1.What are the advantages of Japanese companies?
①Beneficial for brand promotion
Registering a company in Japan can leverage Japan's strong reputation to establish a unique brand, leverage its excellent position in Japan to promote and operate its products, promote the company internationally, and showcase the company to the public.
②Japanese company naming is relatively free
Japanese companies, regardless of their registered capital, can be used in their company names as long as they are not restricted by the Japanese government; The Japanese government allows company names to contain words such as international, group, holding, industrial, investment, college, association, center, research institute, etc., but you must have specific operations and operations. At the same time, it is also allowed to have duplicate company names, but it is necessary to register with other large companies, which poses a risk of infringement.
③Limited business scope for Japanese companies
Japanese enterprises can engage in any type of business, such as finance and investment, healthcare, shipping and transportation, import and export trade, real estate, construction, decoration, information network, clothing and textile, tourism, cultural publishing, etc; Some companies that are difficult to register in China can be registered in Japan.
④Obtaining a Japanese operator investment visa
If I contribute more than 5 million yen to register a company in Japan, I can apply for a visa for investment and operation in Japan from the Japan Immigration Administration. If the company has been operating in Japan for more than 5 years and I have been residing in Japan for more than 5 years, I can apply for Japanese nationality. If the company has been in Japan for more than 10 years, I can apply for a permanent Japanese visa.
⑤Unrestricted registered capital for Japanese companies
In some cases, funds may not be directly transferred to Japan. In Japan, regardless of the amount of funds, companies can apply for registration. (Starting from 1 yen is also possible, but in a certain sense, the size of a company's funds determines its strength, scale, and reputation.)
2.Types of Companies in Japan
According to the Japanese Company Law, Japanese companies are divided into companies, contract companies, and other types. Foreigners residing in Japan or non Japanese residents can establish relatively simple companies and contract societies.
◉Corporation (株式会社Kabushikigaisha)
Equivalent to a limited liability company, the ownership and management of the company are separate, and the owner and operator of the company can designate different people. Corporation is the type of company most commonly established by Japanese nationals and overseas investors, with high social credibility.
◉LLC (合同会社Gōdōkaisha)
Equivalent to a limited liability company, ownership and management rights are the same, meaning that the owner and operator must be the same person. The taxes paid by Japanese contract societies to the Japanese government are relatively low, and the company's credit rating is also low.
◉Other types
Japanese joint ventures are usually registered by Japanese nationals and are commonly found in small family workshops and individual studios. Mutual aid societies are the most unique type of Japanese company, typically used for commercial activities such as insurance companies and insurance businesses.
3.The process and time required for Japanese company registration
ⅰ Determine the content of a Japanese company (including registered capital, business scope, business year, and legal representative);
ⅱ Inspection of Japanese company and business names (registration of the same address and business name is not allowed);
ⅲ Customizing the seal of a Japanese company (generally one seal, but three seals can also be customized: company seal, corner seal, and bank seal);
ⅳProvide identity certificates of legal representatives and directors of Japanese companies (notarized certificate of personal signature and seal prepared by foreigners, and proof of personal seal provided by Japanese or Japanese residents);
ⅴEstablishment of Japanese company fixed funds (articles of association);
ⅵJapanese company payment notarization and certification (certification required by the company, not by the contract company);
ⅶVerification procedures for capital contribution;
ⅷ Submit registration application to the Japanese Legal Bureau;
ⅸWaiting for registration with the Japanese Legal Bureau and obtaining valid materials after the registration of the company/contract company is completed.
4.So, how long does it take to register a company in Japan?
After the customer has prepared all the notarized materials, the registration will be completed within approximately 20-25 working days. Subsequently, they can apply for a corporate bank account in Japan, which will take about 2-4 weeks (approximately 1.5-2 months overall) to open an account, and about 3 months for international online banking applications.
5.Annual Review and Taxation
The annual audit of a registered company in Japan involves financial declaration (final declaration) after one year of establishment and one year of operation. After the final declaration is completed (within two months), it involves the payment of corporate tax, corporate resident tax, corporate business tax, and consumption tax (Japan JCT).
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