東京都港区のコンチネンタル国際行政書士事務所 │ 外国人の方の起業支援・就業・雇用に強い

外国人の方の「起業支援」「日本での就業・雇用」に強い、コンチネンタル国際行政書士事務所

【対応地域】東京都、神奈川県、埼玉県、千葉県(その他の地域はご相談ください)

03-6403-9897

電話受付時間 : 平日10:00−18:00 日曜&祝日休業(土曜日はご予約の方のみ)

メール対応は24時間受け付けております

お問い合わせはこちら

Report to the Bank of Japan when a foreigner setup a company in Japan

If foreigners set up a company in Japan, do they need to notify the Bank of Japan?

If a non-resident or foreign corporation establishes a company with a 10% or more stake, you must report to the Bank of Japan.

 

Notification to the Bank of Japan(BOJ)

In Japan, there is a foreign exchange and foreign trade Act that applies to transactions such as “transfer of funds” and “transfer of goods and services” between Japan and foreign countries.

If a non-resident individual or a foreign corporation (including affiliated companies) invests 10% or more in establishing a company, it will be subject to restrictions under the Foreign Exchange Act. Therefore, investors must submit a report to the responsible minister via the Bank of Japan by 15th of the month following the registration date.

If you do not submit a report despite the obligation to submit, there is also a penalty provision.
In addition, depending on the nationality and the type of business you are going to do, please be aware that there may be an “obligation to notify in advance”.

What investments are required to report to the BOJ:

When foreign investors make the following transactions, they need to report to the BOJ.

  1. Acquisition of shares of listed companies in Japan, with an investment ratio of 10% or more. This shareholding ratio includes shares owned by foreign investors who have a special relationship with the acquirer.
  2. Acquisition of shares of Japanese unlisted companies (less than 10% not required to report). However, you do not have to report if you take stock from other foreign investors.
 Foreign investors includes:

The Foreign Exchange Act stipulates that “foreign investors” are as follows.

  1. Individual who is nonresident
  2. Corporation established under foreign law or corporation having main office in foreign country (including branch in Japan of these corporations)
  3. Companies in which the total of voting rights held directly or indirectly by persons or companies listed in 1 or 2 account for 50% or more
  4. A Japanese corporation in which the individual who is a non-resident is an executive or an executive with representative authority has a majority

Even in cases other than 1 to 4 above, if you invest in a Japanese company for a foreign investor, you are considered a foreign investor.

How to report to BOJ

The report is accepted by the Bank of Japan International Bureau of Balance of Payments Division Foreign Exchange Procedure Group and the nearest branch of the Bank of Japan, but the Bank of Japan has announced that it should be mailed directly to the head office of the Bank of Japan. The reporting period is until the 15th of the month following the company establishment registration date. If the reporting deadline is a holiday, until the day before the holiday. In the case of mail, the deadline for submission is required.

The number of copies submitted is the number of finance ministers + the minister of state responsible for business. If you include a copy of the report and a reply envelope, you will receive a copy of the acceptance seal.

Destination
103-8660
Nippon Post Co., Ltd. Nihonbashi Post Office I box 30
Bank of Japan International Bureau of Balance of Payments Division Foreign Exchange Procedure Group

Our Proffessional

Masakazu Murai
Immigration consultant, Financial advisor
18 years experience in Investment Banking at Mitsubishi UFJ Morgan Stanley. He had provided financial advisory more than 500 entrepreneurs and senior management.

Gyoseishoshi Immigration Lawyer
CMA(Japanese financial analyst license)
CFP (Certified Financial Pllanner)
Master of Business Administration in Entrepreneurship(Hosei Business School)

CONTACT CINTINENTAL

お客様の声・セミナー

よく読まれている記事

Return Top
Translate »