The Best Company Type in Japan Business

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[…]

Shirokane CPA Firm

Seal Impressions of a Company

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[…]

Shirokane CPA Firm

Inkan, a Seal Impression in Japan

Globally, you use your signature to identify yourself on documents. In Japan, there are used seal impressions, called as “Hanko”, “Inkan” or “Jitsuin”, in order to identify yourself formally. Especially, the registered seal impression called as “Jitsuin” is formally identify you by the registration system by municipal offices in Japan. I here write about the rule for you to make your registered seal impression in Japan. Your Name on the Seal Impression The seal impression has to be made by your family name and first name, just by your family name, or just by your first name. That could not include your carrier, position, company, license, brand, and anything other[…]

Shirokane CPA Firm

Japan Market

1. Japanese Consumer Culture 1.1. background I think that you have heard of Japanese Consumer Mindset, that is different from Western and U.S.’s one. Egalitarian vs Individualistic, In-group oriented vs Out-group oriented, Risk averse vs Risk taker, High context culture vs Low context culture, Mono-cultural vs Heterogeneous. Japanese consumers have high expectation for quality, and Many Japanese consumer consider that high quality is responsibility of producers. It is not a particular attitude that consumers expects high quality for the products they purchases or hope to purchase. However, Japanese consumers’ expectation would look different from Western and U.S.’s one. I think that stems from the difference between Japanese perspective to self-responsibility[…]