Japanese property system

Japanese business start-up consultant

The buyer should prepare the documents below.

1. A certificate of a corporate registry certificate
2. A certificate of Buyer’s corporate seal impression

1. A certificate of a corporate registry certificate
(Rirekijikouzenbu Shomeisho 履歴事項全部証明書(謄本) in Japanese)

Time for preparation: Less than 1 day.
Cost: 600 Japanese Yen (At the desk of the bureau)
480 Japanese Yen (Online + at the desk of the Legal Affairs Bureau)
500 Japanese Yen (Online + Post)

When requesting a registry certificate, online is possible but to request it online, installing special software is necessary, so that many people go to the Legal Affairs Bureau to obtain it.

Since 2008, a corporate registry certificate can be received at any registry office nationwide because of a registration information exchange system.

When submitting an application form for a real property registration, if the applicant is a corporation, there is no need to attach the corporate registry certificate (3 month before the registration application), subject to providing the description of the corporate registration number on the application form since 2 November 2015.

However before submitting an application, it is common for a seller and buyer to confirm the official existence of a corporate entity, so that parties generally obtain each certificate.

2. A certificate of Buyer’s corporate seal impression
(Inkan Shomeisho (法人)印鑑証明書 in Japanese)

Time for preparation: Less than 1 day.
Cost: 450 Japanese Yen (At the desk of the bureau)
390 Japanese Yen (Online + at the desk of the Legal Affairs Bureau)
410 Japanese Yen (Online + Post)

When a buyer buys a real property in cash, there is no need to obtain this.

I hope the information is useful.

The below is my thought.
At present, the global economy is suffering from a financial crisis due to coronavirus.
The number of infected people and deaths in Japan is relatively low.
The UK seems to be taking a strategy to delay the onset of the peak of the disease until the summer months (BBC News).

Considering this situation, I am always thinking that I want to deal with a situation in a way that I make sense for my decision as far as possible even if the future results are not as expected.
Because after making a decision, all I can do is to wait for the future results regardless the decision that I previously do is recognised right or not.
No one knows what the future holds.

I will update every Monday.

For more information
Japanese business start-up consultant
Shihoshoshi Lawyer
(Judicial Scrivener)
Akiko HORI

How to Buy a property in Japan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.