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Company Formation Japan

Company Formation Japan

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Business Start-Up Costs in Japan

Updated on Friday 03rd November 2017

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business-start-up-costs-in-japan.JPGJapan represents a major economy worldwide, having the second largest economy by nominal GDP. This is the reason why many entrepreneurs are interested in setting up a company in Japan. In this article, we present you with the average business start-up costs in Japan.
 

Costs involving registering a company in Japan

 
Here are the costs related to starting and registering a commercial or industrial company in Japan with between 10 to 50 employees and a start-up capital of 10 times the per-capita gross national income of the local economy:
 
Searching the company name with the Legal Affairs Bureau: no charge;
Registering at the Legal Affairs Bureau of the Ministry of Justice: 0.7% of the capital amount or JPY 60,000 (USD 530), whichever is higher, as well as certain costs for the certificate of corporation seal registration;
Submitting the notification of the firm incorporation and the opening of a payroll office and applying for the blue tax return approval at the District Tax Office: no charge;
Submitting the notification of the beginning of doing business at the tax office of the municipal or prefectural government: no charge;
Submitting all the necessary labor insurance notifications and employment regulations at the Labor Standards Inspection Office: no charge;
Submitting the health insurance and public welfare pension applications with the Japanese Pension Service: no charge;
Submitting the firm application for employment insurance at the Public Employment Security Office: no charge.
 

Costs involving opening an office in Japan

 
When you open an office for a new company in Japan, the following other costs are involved:
 
Rent, for a minimum of three months, for a temporary office;
Monthly rent in one of Tokyo’s five major districts;
Security deposit, for around 10 months of rent;
Real estate brokerage fee;
Other costs: our company formation agents in Japan can provide more details on what these other costs consist of.
 
For more details concerning the costs of starting a business in Japan, or if you need assistance related to opening a company in this country, we invite you to get in touch with our Japan company formation consultants.

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Call us now at (+81) 3-4580-1516 to set up an appointment with our company formation agents in Tokyo, Japan. Alternatively you can incorporate your company without traveling to Japan.

As a BridgeWest client, you will benefit from the joint expertize of local and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Japan.