Company registration in Japan and getting a residence permit in this country
Registering a company in Japan and investing in this country, in addition to the profits that it has, it can lead you to get a permanent residence permit in this country. Applicants should note that investors and people who work as managers in Japanese companies can apply for residence in this country. It is important to know that it is not only stockholders who get a residence permit in Japan, but also company owners and so-called managers can get a residence permit. Applicants who want to register a company in Japan can apply for permanent residence in Japan after getting a residence permit and spending 10 years in Japan. Applicants should note that they must provide reasons for their residence in these 10 years.
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Company registration in Japan and the required costs
Registering a company in Japan and its costs is very important. Applicants for company registration must first consider 200,000 to 300,000 yen for the administrative process. In the next step, applicants must provide an amount of money as initial capital in their company account, depending on the type of company they want to register. Applicants for company registration in Japan should note that the minimum amount of money that they should consider as their initial capital is 300,000 yen. In the third step, applicants must indicate a property as the origin of their company. Applicants can rent or purchase their company’s location and register it with the Company Registration Office as the company headquarters. Applicants can get information from the consultants and lawyers of Malekpour Law Firm to perform these steps.
Company registration in Japan and types of company registration
There are different types of company registration and investing in companies in Japan. Applicants and investors in this country can also invest in two types of Private Joint Stock Company and limited liability companies. Each type of company has its advantages and disadvantages. In the following, we will talk about the advantages and disadvantages of both type of companies.
- Private joint stock companies
These companies are one of the most reputable type of companies in Japan. Applicants for company registration in Japan must consider 500,000 yen to register this type of company. In this type of company registration, applicants can register all of the company’s shares in their name without the need of a Japanese person and a citizen of this country. In this company, you must hire at least one person as a manager and employee in the company. One of the advantages of this type of company registration in Japan is the recognition of this type of companies and the economic aspects of these companies. However, applicants might be concerned due to the fact that limited liability companies charge more costs. Investors should note that private joint companies (private equity firms) in Japan are currently widely welcomed by applicants for investment in Asian countries.
- LIMITED LIABILITY COMPANIES
Applicants in this type of company registration experience different conditions. Investors who intend to register a limited liability company should note that these companies were added to the business law of this country in 2006 and can be considered a new type of company that is not yet fully recognized. The minimum capital that must be considered by applicants for this purpose is 300,000 yen. Applicants should note that in this company, managers must also own shares and foreign investors must also have a Japanese partner. One of the advantages of this type of company registration in Japan is that it is cheap (low costs), but applicants should note that these companies are not yet fully recognized in this country.
Company registration in Japan and company registration procedures
Registering a company in Japan and its registration process in this country is very important.
Applicants for registering a company in Japan must first select a person to run the company as the manager to open a bank account for a capital deposit.
In the second stage, applicants must determine a Statute (articles of association) for their company and specify the company’s rules in it.
In the next step, applicants must pay 150,000 yen to the government and apply for official registration of their company.
Applicants for company registration in Japan, after completing all of the steps and registering a company, must check the process of paying taxes and Employee’s social insurance premium. Applicants can have non-Japanese managers and employees after completing all visa applications and checking residence status. It is also necessary to mention that all of the steps that have been mentioned above should be done within 3 to 4 working weeks.
Company registration in Japan and business plan
There are some requirements for registering a company in Japan and getting a residence permit in this country. Applicants should be aware that investing is one of the most important matters and is one of the key points of migration. As mentioned above, applicants can get information about specialized topics in investment by getting an expert lawyer in investment affairs and company registration and easily overcome their immigration barriers.
One of the most important thing about registering a company in this country is that applicants must use a suitable business plan that is approved by the labor office (Department of Labor) in this country. Those who intend to invest in this country should go to lawyers which their job is related to investment and registering a company in Japan.
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