Establishment of a limited liability company (Godo-gaisya)

The establishment of a limited liability company (Godo-gaisya) is almost same as the establishment of a joint stock company(Kabushiki-gaisya).

The first thing which you have to do is to determine the information about the company.

What you have to decide

1. Company name

Hiragana, Katakana, Kanji and Alphabet can be used.

Put “Godo-gaisha” before or after the company name.

(Example: Godo-gaisha ABC or ABC Godo-gaisha)

You can choose any name you want, but keep the following in mind.

・If there is already a company with the same name in the same location, you cannot use that name.

・Names that have been registered as trademarks cannot be used.

・You cannot use the same name as a famous company or a name that could be misunderstood as a group company.

2. Business Purpose

Decide what kind of business you want to run.

You can only do business as a corporation to the extent that you have decided to do so.

Therefore, you should include not only the business you actually do, but also the business you want to do in the future.

The purpose of the business must be clear, commercial and legal.

Some businesses require permits and licenses.

When applying for a permit, the business purpose may be checked to see it contains the defined wording.

Think carefully about what kind of business you want to conduct and decide.

3. Head office location.

Determine the location of your company.

A different location than the actual place of business is fine.

If you want to apply for the status of residence “Business Manager”, you should rent or buy an office that is different from your home and make it your head office.

4. Paid-in Capital

\1 or more required.

However, if you want to apply for the status of residence “Business Manager”, it is better to invest more than \5,000,000-.

5. Fiscal year

Decide when to set the fiscal year end.

As long as it’s 12 months, you can decide when you want to do it.

In Japan, the most common fiscal year is from April to March of the following year.

6. Responsible person

In the case of establishment of a joint-stock company（Kabusiki-gaisya), the promoters and investors are involved, but in a limited liability company(Godo-gaisya), the responsible persons is involved.

We call the responsible person of a limited liability company(Godo-gaisya) as “Syain” in Japanese.

The word “Syain” in Japanese also means “employee”.

However, “Syain” of a limited liability company are those who contribute capital and participate in the management of the company.

One or more people are required.

If there is more than one responsible person “Syain”, one of them may be the representative employee.

What you have to do prepare

Preparation of the company’s seal

If you want to establish a company in Japan, you need to make a seal with the company’s name on it.

The seal that you must have is a corporate seal.

It is also required at the time of registration.

Once you’ve decided on a company name and made sure that you can use that name, it’s time to order a seal.

There is a fixed pattern for the placement and wording of the letters, so make sure to follow it.

Other necessary items

・Those who are already staying in Japan with a status of residence: Personal seal certificate

・Those who do not have a status of residence in Japan: Signature certificate issued by the government