For Japan company registration of an LLC, only one director and one shareholder is needed. The minimum share capital is US$1 for Japan business formation and there is no need to travel. A Japanese LLC enjoys the benefits of 58 international double taxation treaties, thus minimizing withholding tax for a Japan business setup. Japan boasts four free zones offering a foreign Japan business setup no custom duties, and flexible labour laws. The four free zones are Nagasaki, Niigata, Okinawa, and Tokyo.
Japan’s corporate tax is a 30% for the first 3 years on corporate profits, thereafter the corporate tax rate is reduced to 25%. Along with the corporate tax, the company must pay two types of local taxes: inhabitant tax from 17.3% to 20.7% and enterprise tax of 7.5%. There are no restrictions on the repatriation of capital. The standard value added tax (VAT) rate is 5%, therefore sales prices can be optimized. Most companies in the country require an annual statutory audit. Healy Consultants (http://www.healyconsultants.com/
Japan’s capital expenditure was USD2.5 trillion in 2012 thus providing business opportunities for multinational services firms through Japan business formation. The country has signed Double taxation avoidance agreements (DTAA) (http://unctad.org/
Mr. Aidan Healy