What are the Best Fields of Investment in Japan?
Industry Field
Japan ranks second in the world when it comes to industry. Japan manufactures and exports many products, and it is the second largest producer of steel. It also has an advanced auto industry, as it is one of the biggest auto producing countries in the world. Electronics industry is also well developed. Japan is one of the leaders when it comes to the robotics industry as well.
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Trade
Japan has the third biggest trading power in the world. Japan exports many products to various countries of the world, which makes it a prominent economic power. Japan imposes customs duties on foreign materials, which contributes to the development of its economy.
Agriculture
Agriculture provides about 2% to the national gross income. Despite the small area of arable land in Japan, it produces about 70% of its food need, thanks to the high productivity of its land.
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Fishing
Japanese people catch about 10 million tons of fish annually, and Japan has the largest fishing fleet in the world, making it a leader in this field.
Types of Companies in Japan
- Limited liability company.
- Joint stock company.
- General Partnership.
- Limited Partnership.
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What are the Procedures Necessary to Set up a Company in Japan?
- Finding a headquarters for the company; you must rent or own a place to establish the company.
- Determining the type of company.
- The capital must not be less than five million yen to obtain a “business manager” visa. The capital should be allocated to the company and it may not be used for other purposes.
- Opening a bank account to deposit the capital.
- Preparing a company seal and registering it with the Office of Legal Affairs.
- Attesting all company documents in a general certification office.
- Filling out the company establishment request form.
- Completing the tax procedures.
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