A form of Limited lLiability Company (Kabushiki-Kaisha) is commonly used for foreign investors to conduct a business in Japan.
The general procedure of setting up Kabushiki-Kaisha is as follows:
Incorporation Flow of Limited lLiability Company (Kabushiki-Kaisha)
STEP 1
Trade Name, Registered Address, Purpose of the Company to be decided.
※ Our service commences after an official request has been received.
STEP 2
Trade Name of the Company will be reviewed by the Legal Affairs Bureau.
STEP 3
Draft the Company's Articles of Incorporation by MIRAI.
STEP 4
Draft of the Articles of Incorporation is reviewed by Client
STEP 5
Preparation of other necessary documents for incorporation.
STEP 6
・ Client obtains necessary documents such as registration certificates for parent company in home country. The documents are to be attested by a public notary in home country.
・ Client stamps or signs the documents and mails to MIRAI.
※ Japanese translation required for notarization.
STEP 7
Notarization procedures for the Articles of Incorporation at a notary office in Japan.
STEP 8
Client remits the capital to the bank account of incorporator, or representative director, or director at incorporation. (a copy of the bank passbook and capital account record page is to be sent to MIRAI)
※ After certifying the articles of incorporation, MIRAI will advise on the subsequent steps.
STEP 9
MIRAI submits an application for company incorpration.
※The application will be reviewed by the Legal Affairs Bureau for 7-10 business days, it may be longer depending on the case.
STEP 10 The incorporation is complete.
・MIRAI creates the Company seal on the Client's behalf.
・MIRAI obtains and delivers a certified copy, seal card, and seal certificate to the Client.
STEP 11
Corporate bank account shall be set up upon the completion of incorporation.
※The process can be done via MIRAI or by the client.
STEP 12
Submit the notification to relevant taxation bureaus, labour standards supervision departments, employment security office, social insurance office, and other relevant government agencies.
※It is recommended to select a tax agent in advance.
(1)Necessary items for incorporation: Trade Name, Registered Address, Business Scope, Fiscal Year, Capital Amount, Number of Shares to be issued, Regulations on restrictions of share transfers, Directors, Supervisory Board, Date of Incorporatgion etc.
(2)Incorporation of a company mainly has two types - promotive incorporation and subscriptive incorporation. Generally, the procedures of promotive incorporation are relatively simple.
(3)The whole process usually takes around 1-2 months.
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