Are you Planning to Start a Business in japan
You need a Business Study before you start
you also need a Translator
let me start with a example if you know the US business law
in japan just change it to Japanese
not in English but people who operate only speak, write and read Japanese
of course some other small thing have change between US business Law
i can help you understand them before you even start doing business
let start with immigration
Many foreign nationals want to start a business in Japan.
first step is to obtain a Business Manager visa.
About the Business Manager visa.
If you do not have a Japanese visa,
you can apply for a 4 month Business Manager visa
This 4 month Business Manager visa
has been created to make it easy for foreign national
to make preparations to start a business in Japan.
If your application is successful, you will get a Residence Card
(please note that you need to have a residential address ).
Once you have a Residence Card,
it becomes relatively easier to secure an office space and open a bank account.
If you currently have a different Japanese visa
please complete your corporation registration while your visa expired.
You will need to change your visa
(Status of Residence) after completion of your corporate registration
When you have established your business by completing the corporate registration,
you will need to apply for the change of visa (Status of Residence).
You have three options depending on your case
If you hold a 4 month Business Manager visa,
you may apply for an Extension of Stay 1 year Business Manager visa.
If you hold a different type of visa, you may apply for a
Change of Status of Residence to 1 year Business Manager visa.
If you are applied a Highly Skilled Foreign Professional No.1,
you may apply for a Change of Status of Residence to
Highly Skilled Foreign Professional
No.1 visa. In this case, the period of stay will be 5 years.
What are the requirements for a Business Manager visa ?
Securing an office/store space for the Company.,
you must secure an office /store space to run your business in Japan.
A monthly rental office or a temporary structure
such as a portable stall are not acceptable.
To use a residence as an office or store space is not usually permitted,
although there are some exceptions.
As a rule, an officer of the Immigration Bureau of Japan
they will check the actual place for them to judge.
Business content The proposed business must be practical and based on a clearly documented business plan.
Your personal history is also important.
If you do not have any experience in the area of your proposed business,
your application may be void .
It is especially important that the articles of association ("teikan"),
sometimes called a constitution for the business, is in good order.
It is also important to include the detailed
profit and loss statement in the business plan.
A business that has a good plan
but does not seem to have any real substance,
or does not comply with Japanese law, or any business
that is assessed my not be approve
Investment You must show an investment of an amount equivalent to 5,000,000 yen.
Your company's financial report is also important for the assessment.
If the balance sheet of your business shows surplus,
it would be assessed that there is no financial problem with your business,
but when it shows deficit and the debts substantially exceed the assets,
it becomes a problem.
In case of insolvency, it is assessed that it is not worth issuing a Business Manager visa to run your business. The investment for land and building(s)
can be consider an assessment.
If that amount 5,000,000 yen or more,
You can borrow 5,000,000 yen from your family to invest,
but if your investment is based on a loan,
you have to submit the loan contract as an evidence
document. There are exceptions:
this visa has been approved for a case where one had invested 5,000,000 yen or
more out of total capital 10,000,000 yen for
joint ventures with a Japanese counterpart.
Also since 2015, it is permissible,
if the investment is made by only the Japanese partner
Staff Your business must have at least
one full time employee who is either
a Japanese national, a Permanent Resident,
a Spouse or Child of a Japanese National,
a Spouse or Child of a Permanent Resident,
or a foreign national with a Long-Term visa.
Until approvals had been given to cases of having just one.
the staff when one has invested at least 5,000,000 yen. Since April 2015,
a capital of 5,000,000 yen is no longer a strict requirement,
provided that the scale of return and investment are enough to employ a staff member.
Other matters
When a foreign national tries to establish a business in Japan,
there are many issue. You have to prepare all the necessary documents and gain the necessary approvals.
There can be problems associated
with hiring people and taxes. at Often,
securing an office/store space can be a problem because of difficulty in finding a guarantor. For proceedings in Japan
and to obtain a Business Manager visa, it is easier,
if you have a Japanese partner. There have been cases that even though the corporation registers were approved in Japan,
the immigration bureau has decided to reject the visa applications or extensions.
To start a business, you should have a good business plan plus your career or experience
record are very important.
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