Japan Branch Office
Features of Japan Branch Office
Japan Branch Office |
Corporate Details |
General |
|
|
Branch Office |
|
Yes |
|
No |
|
2 Months |
|
Yes |
|
Yes |
Share capital or equivalent |
|
|
USD |
|
EUR, USD, GBP, JPY |
|
None |
|
No |
|
No |
Directors |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
|
Yes |
Shareholders |
|
|
Parent Company |
|
Yes |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
No |
|
No |
Accounts |
|
|
Yes |
|
No |
|
Yes |
|
Yes |
Other |
|
|
Yes |
|
Yes |
- Launching a branch office is less expensive, with simpler procedures and requirements. Registering a branch office is often much faster than registering a subsidiary, which can be advantageous if you want to commence operations as soon as possible.
- It can also do all the essential things a subsidiary can do, which includes: renting an office, entering business and legal contracts, hiring employees, and sending profits back to the home country.
- A branch office’s loss can be off set from the headquarters’ income.
- Common expenses accrued in headquarters can be allocated to a branch office as long as the charges are at arm’s length.
- Remittance of profit from a branch office to headquarters is not subject to Japanese withholding income tax.
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.