Q4: Can you tell me about the process and the pros and cons of establishing a Japanese corporation by a foreign company to start a business in Japan?

Japanese Certified Public Accountant ・Tax Accountant Hiroya Aihara
Ringo Tax Corporation

A: When a foreign company considers entering the Japanese market, it can establish a Japanese corporation as either a stock company or a limited liability company.

Advantages

The advantages include gaining trust from Japanese businesses more easily and having easier access to support from specialists in Japanese legal and accounting matters. This can lead to savings in legal and accounting costs and facilitate smoother legal operations in Japan.

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Disadvantages

The disadvantages include the need for capital and other expenses for establishment, and a resident director in Japan is required to open a corporate bank account.

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