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Japan Kabushiki-Kaisha (KK Co.) Registration, Incorporation, Formation. Setting-up of a Kabushiki-Kaisha (KK Co.) in Japan. Opening up a legal entity (KK Co.) & business presence in Japan.
A Kabushiki Kaisha, commonly abbreviated KK is a company defined under the “Companies Act of Japan”. A KK must include "株式会社" in its name either as a prefix (i.e. in Japanese “mae-kabu”) or suffix (i.e. in Japanese “ato-kabu”). The term KK co is often referred in English as “joint-stock company”. However, as a co name in English “KK” are mostly used as Co. Ltd.
Since the new Companies Act effective May 1, 2006 a KK co in Japan can be registered with a capital of Yen 1 & except KK ("株式会社") in kanji company name can be registered in English alphabet i.e. ABC 株式会社 or 株式会社 ABC.
KK co can be incorporated by an individual or a corporation. Since the changes in Companies Act effective March, 2015 a KK co can be registered without a “local resident in Japan” as “Resident Director” however for the process of completing “capitalization of new co (receipt of capital)” temporarily a “local resident of Japan” is required.
Tax structure is same for KK & other type of legal entity in Japan & thus it makes a minor issue while deciding on type of co for registration. On the other hand, KK co in Japan enjoys more prestigious status as a business entity.
Time-frame for registration: Depends on structure of investors, directors (executive officers) etc. Upon applying at Legal Affairs Bureau for registration it takes about 2(two) weeks to obtain company registration certificate.
For further details please refer to registration flowchart of KK Co.