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Planning to Start a company in Japan?

cyberryo

後輩
15 Dec 2005
82
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Hi, just received an email newsletter from JETRO about changes in the Corporate Law from May 2006. These were passed in Jun 2005. Maybe old news, but if you are interested, please go to:
1.1 Types of operation in Japan | Section 1. Incorporating Your Business - Setting Up Business - Investing in Japan - Japan External Trade Organization
Some quotes from the section:
Yugen Kaisha (limited liability companies) will be abolished and absorbed into Kabushiki Kaisha (joint-stock corporations). In conjunction with this change, the flexibility of corporate organizational structure will be increased.
A new Japanese form of limited liability company, called Godo Kaisha, will be created.
To make it easier to establish a company, requirements such as minimum capital requirements and the need for a financial institution to issue a "capital custody certificate" to show that a company's capital has been fully remitted will be abolished.
Another law to enter effect will be the Law Concerning Yugensekinin Jigyo Kumiai Contracts in August 2005, which will provide a Japanese form of limited liability partnership (LLP) as a new organizational vehicle for doing business.
Ken
 
That's very useful. Someone made mention of it "going to happen" a while ago... I didn't know that it did though.
 
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