Set up company in Japan

1.Information needed to establish a company
The basic matters of establishing a company are as follows:
・Type of company (Ex: company or limited liability company)
・Company name (trade name)
・Operating items
・Investors, directors, terms of office, etc.
・Head Office
When establishing a company in Japan, the company is divided into four types according to the “Company Law”: “Stock company”, “limited liability company”,“partnership company” and “joint venture company”. Therefore, it is necessary to determine which type of company to set up. In addition to Japanese, you can also use Roman characters and Arabic numerals as the company name. It is necessary to determine in advance the business purpose, investors, directors, tenure, etc. Although the headquarters can be located outside the office. If the same address has the same name, it cannot be registered.
2.Prepare articles of incorporation and certified true copy
After the company’s articles of association are established, the company’s articles of incorporation, seal, and signature certificate must be authenticated by the notary.
3.Funds remittance
Once the articles of association are approved, the funds must be transferred to the founder’s bank account. The registered capital needs to be transferred through the bank account established by the founder. If the founder is an individual, it is transferred to a personal bank account, or if it is a company, it is transferred to the account in the name of the company. The problem that often arises here is that it is difficult for overseas residents and short-term residents to open personal accounts. However, due to legal changes in 2017, even overseas residents can use capital. You can pay through the following three methods.
・Upon establishment, transfer to the Japanese account of the director/ representative director.
・If the founder or director is not a Japanese resident, it can also be transferred to a third-party personal bank account.
・Accounts in overseas bank branches in Japan or overseas Japanese bank branches.
4.Apply for company registration after making the necessary registration documents.