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Sarkar Office® is a "Bridging Consulting and Administrative Services" firm involved in providing "One Stop Solution for Market Entry Support" to both entry and post-entry level, business services to foreign companies since 1993.
Since 1993 the firm has been providing Administrative Services to foreign corporations from Small & Medium Size Enterprises to Multi-National Corporations, Japanese corporations, Indian conglomerate, emerging growth cos., government agency, semi-government organizations, NGO, NPO and new start-up companies in Japan re Business establishment, Japan branch registration, Japan local company registration, Accounting, Payroll, Social Insurance, Corporate & Individual Tax, Immigration, day to day business operational support, and all related administrative services to set-up and run the local Japan business hassle free and with a controlled & preplanned strategy in most cost-effective manner..
Japan Company Formation [Business establishment in Japan]
Japan Branch
Foreign companies wishing to engage in business operations in Japan must establish a branch office or a subsidiary company.
The simplest means for a foreign company to establish a base for business operations in Japan is to set up a branch office. The branch office can begin business operations as soon as an office location is secured, the branch office representative determined, and the necessary information registered with the local authority and all mandatory reportings are completed.
A Japanese branch office is a business location that provides services in Japan decided upon by an organization authorized by the foreign company, and ordinarily is not expected to engage in independent decision making.
A branch office does not have its own independent local legal corporate status, but instead is deemed to be within the umbrella of corporate status of the foreign parent company.
In general, therefore, the foreign parent company is ultimately responsible for all debts and credits generated by the activities of its Japanese branch office. A Japanese branch office, however, may open bank accounts and lease real estate in its own name once its registered in Japan.
The procedures for closing a branch office must also be completed when upgrading a branch office to a subsidiary company. Because a branch office cannot be directly reorganized into a joint-stock corporation (Kabushiki-Kaisha (K.K.) or a limited liability company (Godo-Kaisha (LLC), the branch office closure procedures and the subsidiary company establishment procedures must be carried out simultaneously. In such instances, however, the branch office's assets may be passed on to the subsidiary through investment in kind.
Establishing a Representative Office
A"Representative Office" need not to be registered at the legal affairs bureau nor be subjected to corporate tax under Japanese tax laws, except banking or security business. A representative office is not allowed to engage in any commercial transactions.
Establishing a Japanese company (foreign subsidiary). The following types of company formations available:
Effective May'06 the Company formation regulation has changed!
Please note in May'06 the Company law has been changed and the local corporation K.K. Company can be established with any amount of minimum capital amount (practically from 1 Yen) as the requirement of minimum capital of Yen 10M has been abolished. Although there are various types of local companies which can be established however majority of foreigners and foreign corporations opt to establish either K.K. Company or a Branch (especially after the change in rules & regulation since May'06). At the same time incorporation of YK Co had been abolished.
