What procedures are required after the incorporation of a company?

After the completion of the company registration, the following procedures are required:

• Opening a bank account;
• Notification to the tax office and local government authorities;
• Enrollment procedures for social insurance;
• Acquisition of necessary permits and licenses depending on the business activities.

In addition, when there are changes such as share transfers, changes of officers, additional capital contributions, head office relocation, or amendments to the business objectives, preparation of documents and application for registration with the Legal Affairs Bureau are required.

Furthermore, in the case of a stock company (Kabushiki Kaisha), it is necessary to hold an ordinary general shareholders’ meeting after the end of each fiscal year and to pass resolutions on matters, such as approval of financial statements and election or re-election of officers.

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