Frequently Asked Questions

【Koshida Accounting Firm Column Date:

Do I need a local partner to start a business in Japan?

A local partner is not always legally required, but having support in Japan can make some practical procedures much easier.

In my experience, opening a bank account is one of the biggest initial hurdles for foreign individuals and companies starting a business in Japan. Having a Japanese director or other reliable local support can make the process smoother.

If you intend to operate a business in Japan while living outside Japan, local cooperation can become particularly important.

ost significant initial hurdle for foreign people and companies starting a business in Japan. If you have Japanese cooperation, like the company’s directors, it will be smoother at that time. Plus, if you want to run a business in Japan without staying in Japan, Japanese cooperation is essential.