Contents of the File The PDF file of Company Types in Japan explains the keys where you determine which company type is suitable for your business. That includes as follows: 1 Japan Companies Act 1.1 Four Forms of Companies 1.2 All Needs to File a Tax Return 2 Which Company Type You Should Select 2.1 Capital Amount 2.2 Number of Board Members 2.3 Reasonable Choice To Download
Start Your Business Simply Most people start their business as sole proprietors and run their business for some years. That is not a bad idea. Rather, that is still a good idea because you could start your business without paying the incorporation taxes and because you could complete your tax return by filing just your individual income tax return. You also could try your business without a large amount of initial investment. However, you need a company for your tax advantage when you get your business growing enough. I will explain here how and where you could get tax advantages in Japan tax practice. Those advantages are to; Make to[…]
You have to decide your company type stipulated by Japan’s Companies Act below. Stock corporation (Kabushiki-Kaisha (K.K.)) Limited liability company (Godo-Kaisha (G.K.)) Unlimited partnerships (Gomei-Kaisha) Limited partnerships (Goshi-Kaisha) Gomei-Kaisha and Goshi-Kaisha are rarely established in practice because even limited partners also have direct liability although these two types companies have legal entities. K.K. is the most popular company for business in Japan. You would be able to acquire good enough credit from transaction parties. On the other hand, G.K. is used for a super micro business, or for a just vehicle for tax saving. All types of subsidiary companies can be incorporated by completing the required procedures stipulated by law[…]
Even if you used your signature on your business in Japan, company’s seal impressions are needed in formal cases. There are generally 3 types of company’s seal impressions in Japan. I here explain them as follows. 3 Types Registered Seal Impression Seal Impression for Bank Squared Seal Impression A Registered Seal Impression This must be prepared, because this is used to identify your company in formal case. This is usually rounded and this has two words, one is your company name engraved around, and the other word is Representative engraved in the center of the seal impression. This is used for contracts. A Seal Impression for a Bank When you[…]