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Hello, everyone!

Did you know that the number of foreign business owners in Japan has been increasing recently?

If you are interested but don't quite understand the reality of the situation, please read on.


Confirming the required documents
Once you have finished creating your business plan, gather all the necessary documents. In order to obtain a business management visa and establish a company, it is essential to prepare many documents. Specifically, you will need to prepare documents such as an application for a Certificate of Eligibility, a copy of the business plan, and a copy of the financial statements for the most recent fiscal year. Additionally, you will need to submit documents demonstrating the nature of the business, its scale, and its activities. Since there are many types of documents and the process is complex, it is advisable to consult with a professional such as an administrative scrivener in advance.

Company Establishment
The final step is company establishment. Once all the required documents are prepared and the Management Visa is obtained, it is time to proceed with company establishment. To establish a company, you must draft articles of incorporation and transfer the capital. After that, you must register the company with the Legal Affairs Bureau and submit a notification of establishment of a payroll office to the tax office to complete the procedures. While it is possible to establish a company with a management visa, the conditions are somewhat stricter compared to those for Japanese spouses or permanent residents. Specifically, conditions such as a capital of 5 million yen or more or two or more full-time employees exist, so caution is necessary.

Management Visa Required: Business Plan Creation
The second condition we will introduce is obtaining a management visa. There are several types of visas required for foreigners to work in Japan, but in order to operate a company as a manager, with some exceptions, you must obtain a “management visa.” When a foreigner starts a business in Japan, there are three main steps. The first step after deciding to start a business in Japan is to create a business plan. To obtain a management visa, you must create a business plan. The business plan should include the purpose of the business, the business model, the financial plan, and measures to mitigate business risks. Note that if the stability and sustainability of the business are not recognized, the visa may not be issued.

Advantages of becoming a business owner in Japan: Ability to operate with limited capital
Among the many countries in the world, why do foreigners choose to become business owners in Japan? Here, we will introduce three main advantages of becoming a business owner in Japan. The first advantage is the ability to operate with limited capital. While major urban areas like Tokyo, Osaka, and Nagoya require a certain level of operational costs, these costs are still relatively low compared to other major cities worldwide. Additionally, as mentioned earlier, there are financial institutions that provide loans to foreigners, so the financial barriers are not overly high.


What do you think?

We hope this information is helpful for those aspiring to become foreign business owners.

Take the plunge and become a pioneer in the world of foreign business ownership!


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