Set up a General Partnership in Japan

A general partnership, known in Japanese as a Godo kaisha, is similar to the limited liability company in the U.S. or the GmbH in Germany. The general partnership in Japan is a legal entity which is able to effectuate all normal business activities and has a more flexible structure than the joint stock company. Our company formation consultants in Japan can help you open such a company in Japan.

Incorporation procedure for starting a general partnership in Japan

• • Preparing the articles of incorporation: in case the member represents a foreign entity, the articles of incorporation have to be signed by the representative of the foreign entity. The qualification of the representative also has to be prepared;
• • Paying the capital subscription by the members;
• • Determining the executive members and the representative ones: their address can be outside of Japan;
• • Applying for the establishment of a company with the Legal Affair Bureau;
• • Acquiring a certified copy of the Commercial Register, etc: Our experts in company formation in Japan can offer further information on this matter;
• • Reporting the establishment of the entity to the appropriate ministers through the Bank of Japan;
• • Setting up a corporate account with a commercial bank;
• • Reporting the establishment of the entity to the Tax Authorities and the appropriate local government.

Characteristics of a general partnership in Japan