SANSEI Business Management
Japan is a vital market and a nexus for global companies. With SANSEI, setting up shop and cross-industry support in Japan need not be a confounding process. We can direct you to the shortest paths for matters of incorporation, tax structuring, staffing, location, and social insurance. And later when realignments leave you short of administrative or professional staff, SANSEI can step up and fill in the gaps.
Establishment and Incorporation
Having the advice of experts and learning regulatory basics will be essential for optimum success in Japan. Whether a Branch Office, Joint Stock Corporation or Limited Liability Partnership, SANSEI can help you select and take you through the steps of incorporation: articles of incorporation, registration of incorporation, reporting under Foreign Exchange Law, Japanese banking process, and various required Japan filings. In addition, we are always working closely with a number of affiliates specializing in incorporation.
Joint Stock Corporation
A Kabushiki Kaisha (K.K.) is the typical form used by both foreign and Japanese firms. It is chosen by investors who wish to project the soundest financial stability to the public. Capital requirements are ¥10 million, however with qualified accreditations of its Japan representative a K.K. can be established starting with only one yen. Shareholder liability is limited to capital contribution, and these corporations are similar in legal structure to corporations in the USA.
Limited and Unlimited Liability Partnerships
A limited liability corporation, the Godo Kaisha (G.K. or LLC), is a partnership formed only by equity participants, or corporate members. Except in cases of legal actions taken against the firm whereas members may be liable jointly and severally, liability is limited to the amount of each participant's capital contribution. This form has been used by investors choosing to enter the market in a simpler form than the Kabushiki Kaisha (see prior), and who seek lower overall capital requirements.
Both an unlimited partnership, the Gomei Kaisha (G.G.K.), and a limited partnership, the Goshi Kaisha (G.G.K.), are granted corporate status, but are less commonly chosen in practice since at least one equity participant bears unlimited liability.
Dissolution
SANSEI is one of the few service providers in the region that offers expertise in this area. Winding up an operation presents an agenda filled with varied timelines: leasing deadlines, operations calendars, employee outplacements, legal filings, and so on. Having the assistance of a local expert is the most financially prudent way to see the list of tasks through in timely fashion.
Business and Management Consulting
SANSEI is at your service with advice and information in support of your management decisions. We are regularly consulted in a number of areas and at all stages of company development in Japan. We routinely provide consultations for: preparing employee benefit plans, posturing for tax benefits, M&A tax law, tax negotiation, resident and statutory director for subsidiaries, and a list of other key strategic and regulatory matters.