1. Form of Corporation Registration in Japan
-A company limited by shares (with the suffix K.K) - This form of incorporation is famous among foreign investors. The business form is similar to that of corporations in the United States.
-A limited liability company
-A family company - A Japanese company is defined as a family company when 50% or more of the shares are managed by 3 shareholders or less.As regards the undistributed profits of a family company, tax rates are between 10% - 20%, depending on the annual income.
-Partnerships - Partnerships may be of limited liability or unlimited. The partnership is defined as one separate unit for tax purposes, the profits of the partnership are charged to the partners according to their shares in the partnership.
2.TAXATION
When registering a corporation in Japan, the requirements of the reports to the National Tax Office and the local tax
authorities should be kept in mind. The stages are as follows:
- Notice of incorporation - a report to the National Tax Office, including the relevant documents of incorporation ( the report must be made within two months of the date of incorporation).
-Report on commencement of activity - a report to the local authorities (the report must be made within a month of the start of activities; in Tokyo, within 15 days).
-Application for a blue form return - the application must be made within 3 months of the start of activities or the end of the tax year, whichever is the earlier.
It is important to point out that submission of a "blue form return" application confers special tax benefits on the applicant, as well as the right to offset tax losses for 5 years, and a special tax allowance. In order to obtain the necessary approval for the blue form, a number of conditions must be met, mainly keeping accounts according to the double entry system.
-Notification of the hire of employees - a report must be made within a month of the commencement of the activity, for purposes of reporting and payment of tax deductions from employees' salaries.
3.Registartion Documents required
- Application form
- Affidavit of branch representative. It is recommended (but not required) that this person be a Japanese resident.
4. Information required
- Name of the company. Note that consideration must be given as to how the name will appear in Japanese characters.
- Address of headquarters and address in Japan.
- Date of incorporation and establishment of branch in Japan.
- Objects of business office (this is carefully scrutinized by Registry.)
- Total number of issued share, classes of stock, par value, paid-in capital, etc.
- Name of Directors of parent and name and address of Japanese representative.
5. Japan Company Formation Service Include:
-The incorporation of a Japan company normally takes 30 working days.
-Search name availability for your Japan comapny.
-Payment of first year's government fees.
-Register documents will send to you sign.-
-Applicant appointed as company founding Director.
-Applicant appointed as company Shareholder.
-Company Shareholder & Director appointed electronically.
-Authorised Share Capital.
-Preparation & filing of Memorandum & Articles of Association at Registry.
-Japan Registered Agent & Registered Office fees for the first year (optional).
-Certificate of Incorporation.
-Printed bound copy of Memorandum & Articles of Association.
-Minutes of the First Meeting of the Board of Directors.
-Issuance of shares.
-Register of Shareholders.
-Register of Directors, Secretaries.
-Share Certificates and Corporate Seal.
-The complete corporate package is delivered by express courier.
6. Our other service
- Japan company sevretary & nominee director
- Japan company operation address
- Japan company Capital investment
- Japan company domain & web hosting
- Japan trading service
24 hours JAPAN registration hotline: 852-27826888
24 hours JAPAN registration faxline: 852-34278882
24 hours JAPAN registration E-Mail: chan@ata.com.hk
http://www.ata.com.hk
