Kabushiki kaisha(KK) vs Godo kaisha(GK or LLC)
| Company Limited(Kabushiki kaisha) | |
| Incorporation cost |
Certification of Article of Incorporation: 50,000yen (*1) Revenue stamp (Tax stamp) on incorporation:40,000yen Commission / Fee to administrative scrivener 120,000yen(*2) Registration and license tax :150,000yen *1:For electronic certification, 50,000yen is exempted. *2:This may vary, depending on firms |
| Liabilities of investors | Limited |
| Organization | Investor can be separeted from officer |
| Distribution of profit | In proportion to % in share |
| Terms of directors |
Up to 10 years (After 10years, renewal is required) |
| Tax rate | Flat rate |
| Per capita tax |
70,000yen(*3) *3:This may vary, depending on both the amount of capital and the number of employees. |
| Public notice | Necessary |
| Running fee | Commission to bank, tax advisor, social security may increase in comparison with Individuals. |
| Consumption tax |
The new company whose capital is not greater than 10 million yen is not subject
to consumption tax for the first 2 fiscal year.(*4) From the 3rd fiscal year, whether the company should be taxable or not for consumption tax depends on the amount of taxable sales for the reference period. The reference period is the two prior period and threthold is 10 million yen of taxable sales during the reference period. (*4):There is other criteria for companies meeting certain threthold.You may confirm with the tax advisor in details. |
| Memo | The most common type in Japan |
| LLC(Godo Kaisha) | |
| Incorporation cost |
Certification of Article of Incorporation: None Revenue stamp (Tax stamp) on incorporation:None Commission / Fee to administrative scrivener 120,000yen(*2) Registration and license tax :60,000yen |
| Liabilities of investors | Limited |
| Organization | Investor should be officer |
| Distribution of profit | At discretion |
| Terms of directors | No regulation |
| Tax rate | Flat rate(Same as K.K.) |
| Per capita tax | 70,000yen(*3) |
| Public notice | Not applicable |
| Running fee | Same as K.K. |
| Consumption tax | Same as K.K. |
| Memo | less common in Japan |