Monthly Archives: November, 2014

Business structure in Japan – Limited liability partnership (LLP)

Limited liability partnership (LLP) The LLP itself will be liable to the full extent of its assets, but the liability of the members will be limited. Designated members are responsible for carrying out certain duties including signing the annual accounts that would normally be carried out by a director. The registration details are below.The name, …

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Business structure in Japan – Establishing a Godo-Kaisha (LLC)

Establishing a Godo-Kaisha (LLC) A limited liability company (LLC) is a separate legal entity and can own property, incur debts, sue and be sued. Any business dealings are made on behalf of the company. Its owners are liable only for the amount they invested. An LLC must have at least one director to manage the …

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Business structure in Japan – A Stock company

Establishing a Kabushiki-Kaisha (K.K.) (Stock company) A K.K. is owned by its shareholders whose liability is limited by shares. A K.K. is a separate legal entity to the┬ácompany directors, therefore it is the business itself that shoulders the financial liability if the business goes wrong. The registration details are below.The name, address, amount of capital …

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Business structures in Japan – Branch office

Branch office A branch office does not have a separate legal corporate status so claims and liabilities arising in the branch can be applied to the main company of which it is part. It could open its own bank accounts or lease property in its own name but it will need to negotiate with a …

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Business structures in Japan – Representative office

Representative office A representative office is the least expensive way to make contact with and establish a presence in the Japanese market but it cannot open its own bank accounts or lease property in its own name. A representative office generally cannot engage in profit making activities, such as accepting payment for services or issuing …

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