Japan and Singapore, both representing strong economies globally, signed a double tax treaty in 1961, which was renewed in 1971 and 1994. The double tax treaty which was concluded in 1994 is still valid up to the present, with the mention that, in 2010, the treaty was completed by a protocol, which brought a…
In 2013, Japan and the UK signed a double tax treaty which amended the existing agreements between the Japan and the UK for the Avoidance of Double Taxation and Prevention of Fiscal Evasion from 2006. In this article, our company formation advisors in Japan make a brief overview of this double taxation agreement and other aspects related to it. New…
Japan represents one of the largest pharmaceutical markets in the entire world, even though it has a challenging business environment because of its demographics. According to the latest official numbers made public by the Ministry of Health, Labor and Welfare, the local market for prescription and nonprescription pharmaceuticals reached USD…
Foreign businesses are able to expand their operations in the country through opening a branch or subsidiary in Japan. In this article, our company formation consultants in Japan analyze the differences between a branch and a subsidiary here. A brief comparison between branches and subsidiaries in Japan A branch in Japan is easier to set up…
A nominee shareholder is the registered owner of a company’s shares which are kept for the benefit of another individual, named the beneficial owner. The beneficial owner could choose to name a nominee shareholder due to the fact that he or she does not want to have the shares registered under his or her…
A hedge fund represents quite simply an investment partnership. It basically is the cooperation between a fund manager – generally named the general partner – and the investors of the hedge fund – usually named the limited partners. In this article, our company formation advisors in Japan analyze different aspects related to establishing a hedge fund in…
The Japanese IT sector is comprised of different areas, including computer software, hardware, the internet, semiconductors, electronics and others. The IT is largely recognized as an important resource for the service industry. Our company formation consultants in Japan can assist you in opening an IT company in Japan. IT opportunities in Japan The Information and Communications Technology (ICT) sector in Japan is…
As the fourth largest economy in the world, Japan has the most complex economy internationally, according to the Economic Complexity Index (ECI). The most exported products in Japan are cars, integrated circuits, vehicle parts, industrial printers and passenger and cargo ships. The most imports made in this country are petroleum gas, crude petroleum, integrated circuits, packaged medicines and computers. In…
A joint stock company in Japan, often referred to as a stock company or, in Japanese, a Kabushiki Kaisha, is a type of company defined by the Companies Act of this country. In case you want to start and develop a business in this country, opening a joint stock company in Japan will help you…
Foreign citizens who want to work or to open their own business in the country are required to obtain a work permit in Japan from a Japanese embassy or consulate from their countries of origin. In this article, our company formation advisors in Japan present a short guide to obtaining a Japanese work permit. Work visas…