With the 3rd biggest market size, Japan still has lots of business opportunities. Combining the unique culture and technology with entrepreneurship of global leaders could make a next innovation. But where should we start? Here, we explain how to start and run your business in Japan.
HOW TO START A BUSINESS
When you want to start your own small business in Japan, the most typical way is to make 株式会社 Kabushiki Kaisha or K.K. It is a limited liability organization issuing stocks. We explain simple 5 steps to make your own Kabushiki Kaisha. Go To this Article.
Pros and Cons of establishment of Godo Kaisha
Godo-Kaisha (GK) is one form of corporations which was introduced in 2006 referring to the concept of Limited Liability Company in the United States.
Since its introduction, GK has been gradually getting popularity and the establishment of GK now constitutes about 25% of newly established companies. It is true that GK has lots of advantage for people starting business in Japan but there are some disadvantage and risks. Let’s take a quick look at two advantages and disadvantages. Go to this Article.
Documents you need to submit to tax office after establishment of your company
After the establishment of Kabushiki Kaisha, you are required to submit some documents to tax authorities. For the people feel overwhelmed by such administration, we explains what kind of documents you need to prepare to start your business. Go To this Article.
How to Hold Shareholders’ meeting and Board meeting
After you have established a Kabushiki Kaisha, your company needs to hold shareholders’ meeting and Board meeting regularly. This article explain about when and how to hold such meetings. Go To this Article.
Documentation when your company hires staffs.
When your company hires an employees, there are some documents required to submit to labor standard inspection office or other authorities. We recommend you to check with your Labor and Social Security Attorney (社労士). But for your understanding, we explain what kind of documents your companies are supposed to prepare. Go to this Article.
From October 2023, a new “Invoice System” will begin in Japan. Many people may not understand what the system means even if they only hear the name of the system. It is said that the invoice system will bring hardship particularly on small business owners and freelancers. Go to this Article.
Revised Electronic Book Preservation Act
The revised Electronic Book Preservation Act went into effect on January 1, 2022. This is a law that allows books and documents, which in principle are required to be kept in paper form under various tax laws, to be stored as electronic data subject to certain requirements. This revision is not only to facilitate the implementation of electronic data preservation as described above. Some points have been made mandatory in order to promote digitization. Go to this Article.
Is it Illegal? Japanese Copyright Law.
This world is full of copyright infringement. It’s too easy to find good works of others from online and copy and paste them. Everybody knows it’s illegal, but many people cross the line assuming the right holders will never find out. It may be too optimistic. Go to this Article.
Finding a competent person who wants to succeed your business is the first and toughest task. If you luckily find such person, then your next task is to consider how to transfer the ownership and tangible or intangible asset of your company. Go to this Article.
Experience of Setting Up a Company in Japan
We, Highly Skilled Japan, will post series of articles about experience of setting up a company in Japan.
We hope these articles will be helpful for non-Japanese entrepreneurs who are planning to do the same.
About establishing a company in Japan for his business as a professional photographer to obtain tax benefit, receive bank loan and hire staffs. Go to This Article.
About establishing a Godo Kaisha which make and sells delicious craft beer at Tachikawa City. Go to This Article.
Experience of Establishing a software development Company in Japan. The reason why he made a company in Japan. Some challenges he faced related to Japanese bureaucracy.