Month: March 2020

3 Must-Have Requirements to Opening a Japanese Corporate Bank Account

One of the trickiest obstacles to creating a business startup in Japan is opening your company’s corporate bank account. It is particularly difficult that even budding Japanese startups find this part of the business setup a struggle knowing they have no credit to present. Nonexistent credit means no records of annual corporate tax returns to evaluate, and …

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Japan: 105% Markup Entity Tax Structure

Intended Audience Business owners whose Japanese subsidiary company engages in auxiliary business activities such as sales support and market research in the Japanese market. Background Most foreign-owned Japanese subsidiaries, both KK and GK, are appointed as sales support entities by their overseas parent company.  With this setup, the parent company directly conducts business with Japanese …

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