MEDBANK provides support for corporate expansion in Japan. While the general process of company establishment follows the outline below, we also offer the possibility of an extremely simplified corporate setup. Japan’s corporate establishment system contains many analog aspects and requires adherence to unique Japanese customs. For individuals seeking a straightforward corporate establishment in Japan, you can engage our services to facilitate a cost-effective and expedited process.
- Choose the Type of Establishment (Duration: 1 day to several weeks)
- There are different types of entities to choose from, such as Kabushiki Kaisha (KK) or joint-stock company, Godo Kaisha (GK) or limited liability company, Gomei Kaisha (GP) or general partnership, and more. Select the appropriate type for your business.
- Apply for Commercial Registration (Duration: About 1 week)
- This involves confirming the company name and submitting the necessary registration documents. It may take around 1 week for the registration to be completed.
- Prepare the Articles of Incorporation (Duration: Few days to 1 week)
- Draft the articles of incorporation and have all founding members sign them.
- Capital Deposit (Duration: Few days to several weeks)
- For a Kabushiki Kaisha (KK), you need to deposit the required capital amount into a bank account. The process of depositing and confirming the funds might take some time.
- Official Gazette Publication (Duration: About 1 week)
- Once the commercial registration is complete, you need to publish a notice of company establishment in the official gazette.
- Seal Registration (Duration: Few days to 1 week)
- Register the company seal (inkan) and open a bank account.
- Notify Local Tax Office (Duration: About 2 weeks)
- File notifications with the local tax office for corporate and consumption tax purposes.
- Social Insurance Procedures (Duration: About 1 week to several weeks)
- If you plan to hire employees, you’ll need to complete procedures for labor insurance and health insurance.