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Trade name, objectives to make KK Company in Japan

Making a stock company in Japan and matters to be determined

In order to set up Stock Company in Japan, she (incorporator of Stock company ) needs to determine several items.

Trade name

Easy to remember and short trade name will be suitable. And she can also use alphabet etc.

If a Japanese person sees her trade name, it is better that they can know how to read her company without any problem.

If the name of her company is “Perugia corporation”, I can not know how to pronounce it.

Available letter of company name in Japan

When deciding on a trade name for your company in Japan, you also need to be aware of Japan’s Unfair Competition Prevention Law.
If you do not know about the Unfair Competition Prevention Law, you may be sued for damages by other businesses.

Sample of purposes of company.

(1) Manufacture and sale of electronic and electrical machines and equipment;
(2) Real estate activities, construction business, transportation business and warehousing business;
(3) All businesses which are incidental to or related to those mentioned in the preceding items.

If she wants to start money lending business in Japan, she needs to obtain permit from Japanese government.

However, she can register her business without permit (though she can not engage in money lending business).

Necessary capital to make a company in Japan

She needs to determine the amount of capital amount ( shihon kin = 資本金 ).

She can incorporate a joint stock company with stated capital amount of one yen.

However, it will not good to open bank account of her company. If employee of bank looks at commercial registry of her company, he will think her company does not have any fund, substance to operate her business.

So, stated capital amount should be more than amount that can cover necessary expenses for the time being.

( In the case, she is a foreign national, she can incorporate a joint stock company without contribution from Japanese national and residents in Japan. )

When registration procedure is completed, she can withdraw money from her bank account.
( Of course, the money is not hers, but her company has ownership on it. )

And even after she has incorporated a company, it will take several months to open a bank account by company’s name.

Until she can open it, she can use her personal bank account for her company.

If you hope to open a bank account by company name, you can real this page.

Opening a bank account by company name in Jpan

 

Making a stock company in Japan and matters to be determined

In order to set up Stock Company in Japan, she (incorporator of Stock company ) needs to determine several items.

Trade name 

Easy to remember and short trade name will be suitable. And she can use alphabet etc.

But in the case, Japanese national look at her trade name, if he knows pronounce without trouble, it will be better. 

If the name of her company is “Perugia corporation”, I can not know how to pronounce it.

Available letter of company name in Japan

Sample of purposes of company.

(1) Manufacture and sale of electronic and electrical machines and equipment;
(2) Real estate activities, construction business, transportation business and warehousing business;
(3) All businesses which are incidental to or related to those mentioned in the preceding items.

If she wants to start money lending business in Japan, she needs to obtain permit from Japanese government.

However, she can register her business without permit.

Necessary capital to make a company in Japan

She needs to determine the amount of capital amount ( shihon kin = 資本金 ).

She can incorporate a joint stock company with stated capital amount of one yen.

However, it will not good to open bank account of her company. If employee of bank looks at commercial registry of her company, he will think her company does not have any fund, substance to operate her business.

So, stated capital amount should be more than amount that can cover necessary expenses for the time being.

( In the case, she is a foreign national, she can incorporate a joint stock company without contribution from Japanese national and residents in Japan. )

When registration procedure is completed, she can withdraw money from her bank account.
( Of course, the money is not hers, but her company has ownership on it. )

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When deciding on a trade name for your company in Japan, you also need to be aware of Japan’s Unfair Competition Prevention Law.
If you do not know about the Unfair Competition Prevention Law, you may be sued for damages by other businesses.