Can I use the capital of 5 million yen before applying for a Business VISA?
Can I use the capital of 5 million yen before applying for a Business VISA?
The capital you invest can be used for company expenses such as office rent.
Capital invested to establish a company
As establishing a company, capital of at least 5 million yen will be invested in the bank account of the founder. After completing the company registration, create a corporate bank account and transfer the capital to that account. The funds invested as capital do not have to be left in the bank account until the application for business manager visa.
In practice, if company registration has been completed, it may be used if company expenses such as company rent occur in the meantime. Of course, please keep a receipt of the expenses used by the founder at your company.
In other words, there is no need to deposit a capital of 5 million yen or more to a bank account when applying for a management visa. Even before applying for a visa, you can use it to pay for expenses such as office rent and capital investment.
However, the money transferred to the originator’s account as capital is the company’s funds. The president can not withdraw himself as personal money. If the president personally withdraws for use, the money will be a loan from the company to the president.
Balance of Bank account
The capital needs to be invested in the bank account of the initiator after the date of certification of the Articles of Incorporation. If the bank account already has a balance of 5 million yen or more, it will be withdrawn once and deposited again immediately after the certification date of the articles of incorporation. You must leave in the history that you moved as money.
Speaking to the bank teller who is the transfer of capital, they are used and will respond immediately.
【Learn more…】
How to get a Business Manager VISA
Our Professional
Masakazu Murai
Immigration consultant, Financial advisor
He has 18 years experience in Investment Banking at Mitsubishi UFJ Morgan Stanley. He had provided financial advisory more than 500 entrepreneurs and senior management.
He currently supports many foreign entrepreneurs in Japan, taking advantage of the experience of an investment banker. He is the best expert of Business VISA in Japan.
Gyoseishoshi Immigration Lawyer
CMA(Japanese financial analyst license)
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MBA in Entrepreneurship(Hosei Business School)
