Japan Fast Solution LLC
A limited liability company in Japan, “godo gaisha”, is a form of business where the company’s members have limited liability based on their contribution to the capital. It is regulated by the New Companies Act, established in 2006 and it’s replacing the former yugen gaisha, usually established by the small businesses.
The company’s entrepreneurs are called ‘’members’’ unlike the investors of a joint stock company, called “shareholders”.
There is no minimum share capital required at registration and the contribution of the members can be made only in cash or non-cash assets and never in services.
Limited liability partners shall be liable for the performance of the obligations of the Membership Company to the extent of the value of their investment
Features of Japan Fast Solution LLC
Japan Fast Solution LLC |
Corporate Details |
General |
|
|
Fast Solution LLC |
|
Yes |
|
N/A |
|
1 Month |
|
Yes |
|
Yes |
Share capital or equivalent |
|
|
USD |
|
EUR, USD, GBP, JPY |
|
US$1 |
|
No |
|
No |
Directors |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
|
Yes |
Shareholders |
|
|
One |
|
Yes |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
No |
|
No |
Accounts |
|
|
Yes |
|
No |
|
Yes |
|
Yes |
Other |
|
|
Yes |
|
Yes |
Advantages of a Japan Fast Solution LLC
- LLC is allowed to change to a KK.
- It is not necessary to have board meetings.
- Responsibility of the membership is limited.
- LLC is similar to the former Yugen Kaisha which was abolished under the New Corporate Law in 2005.
- Profit from LLC can be distributed according to voluntarily determined rate.
The Valsen Advantage
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.