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One	Stop	Solution	for	Business	&	Administrative	requirements	pre-entry	&	post-entry	level	support	(Page	1	of	1)	
www.sarkaroffice.com
Features	of	Kabushiki-Kaisha	and	Godo-Kaisha	-	At	a	glance		
	
	
v Capital:		1(one)	yen	or	more.	[Establishment	with	zero	yen	capital	is	theoretically											
							possible	but	in	practice	to	incorporate	without	paying	capital	is	not	possible.]	
	
v Promoters	/	Investors:	1(one)	or	more	
	
v Corporation	as	a	Promoters	/	Investors:	Possible	(process	of	registration	is	lengthy)	
	
v Liability	of	Promoters	/	Investors:	Limited	to	amount	of	investment	/	equity							
																			participation.	
	
v Directors	/	Executive	officers:	1(one)	or	more	(In	case	of	a	GK.	Co.	in	principle,	all	
							members	are	executive	officers,	but	may	be	stipulated	otherwise	in	“Articles	of				
							Association”)		
	
v Legally	stipulated	term	of	office	of	Directors	/	Executive	officers:	In	case	of	KK	(with	
							capital	less	than	500	million	&	without	committee	[Kabushiki	Joto	Seigen	Kaisha])	2	
							years	in	principle	&	extendable	up	to	10	years.	In	case	of	GK	no	legally	stipulated			
							term.	
	
v Transfer	of	share	/	equity:	In	case	of	KK	it	can	be	transferred	freely	in	principle	
							unless	it	is	stipulated	in	“Articles	of	Association”	that	it	requires	approval	of	board	of		
							directors.	In	case	of	a	GK	unanimous	approval	of	members	(equity	holders)	required.		
	
v Resident	in	Japan:	Effective	Mar’15	Japanese	govt.	has	allowed	foreign	co.	to		
							register	a	KK	or	GK	without	a	local	“Resident	in	Japan”.	[But	in	case	of	a	GK	the		
							overseas	investor	must	be	a	corporation].		However,	for	completing	the		
							procedure	of	paid-up	capital	/	equity	a	local	resident	is	required	temporarily.		
	
v Registered	Office:	A	local	address	in	Japan	is	required.	(physical	address	and	not	a		
							P.O.	Box)	
	
v Co.	Secretary:	Not	required		
	
v Yearly	Auditing	of	accounts:	Not	mandatory		
	
v Timeframe	for	registration:	Depends	on	the	type	of	entity	&	structure	of							
																			promoters/		investors,	directors	(executive	officers)	etc.	Upon	applying	at	Legal		
																			Affairs	Bureau	for	registration	it	takes	about	2(two)	weeks	to	obtain	company		
																			registration	certificate.	
	
	
Disclaimer:	This	information	is	for	illustration	purpose,	no	warranty	is	given	that	it	is	free	from	error	or	omission,	and	Sarkar	Office®	
cannot	be	held	liable	for	any	decision	made	based	on	this	information	only!.

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Features of Japanese Kabushiki-Kaisha, KK co. and Godo-Kaisha, GK co. / LLC - At a glance

  • 1. "Since 1993" One Stop Solution for Business & Administrative requirements pre-entry & post-entry level support (Page 1 of 1) www.sarkaroffice.com Features of Kabushiki-Kaisha and Godo-Kaisha - At a glance v Capital: 1(one) yen or more. [Establishment with zero yen capital is theoretically possible but in practice to incorporate without paying capital is not possible.] v Promoters / Investors: 1(one) or more v Corporation as a Promoters / Investors: Possible (process of registration is lengthy) v Liability of Promoters / Investors: Limited to amount of investment / equity participation. v Directors / Executive officers: 1(one) or more (In case of a GK. Co. in principle, all members are executive officers, but may be stipulated otherwise in “Articles of Association”) v Legally stipulated term of office of Directors / Executive officers: In case of KK (with capital less than 500 million & without committee [Kabushiki Joto Seigen Kaisha]) 2 years in principle & extendable up to 10 years. In case of GK no legally stipulated term. v Transfer of share / equity: In case of KK it can be transferred freely in principle unless it is stipulated in “Articles of Association” that it requires approval of board of directors. In case of a GK unanimous approval of members (equity holders) required. v Resident in Japan: Effective Mar’15 Japanese govt. has allowed foreign co. to register a KK or GK without a local “Resident in Japan”. [But in case of a GK the overseas investor must be a corporation]. However, for completing the procedure of paid-up capital / equity a local resident is required temporarily. v Registered Office: A local address in Japan is required. (physical address and not a P.O. Box) v Co. Secretary: Not required v Yearly Auditing of accounts: Not mandatory v Timeframe for registration: Depends on the type of entity & structure of promoters/ investors, directors (executive officers) etc. Upon applying at Legal Affairs Bureau for registration it takes about 2(two) weeks to obtain company registration certificate. Disclaimer: This information is for illustration purpose, no warranty is given that it is free from error or omission, and Sarkar Office® cannot be held liable for any decision made based on this information only!.