A Story Of Starting A Business In Japan

Yes, I don't think this is an official number though. It is almost sufficient (according to specialized lawyers) on its own but not absolutely necessary depending on the person degree, skills and plenty of other things.

edit: After checking a relevant Japan ministry of justice webpage [1], 5m yen is given as an indicator, which is why I suppose it is the value given by most lawyers.

[1]: http://www.moj.go.jp/nyuukokukanri/kouhou/nyukan_nyukan20.ht...

Re: A Story Of Starting A Business In Japan

#7

Post by patio11 » Wed, Jan 18, 2017, 4:55 PM UTC

From my understanding, lawyers working with non-Japanese-speaking clients charge a premium.

This is true for essentially all professional services in Japan (and, relatedly, can be true for renting depending on how one goes about that), and it is not driven entirely by costs. Partly, this is simply "You require something which is much harder to deliver than standard services; this restricts your labor pool by > 98% here; deal with the increased price." Partly there exists a bit of rent-seeking behavior that might be politely termed "the English tax."

You will occasionally find service providers who quote the English tax rate even when the assumption is services will not actually be provided in English. I'm generally polite when asking for the literate professional rate precisely once. (It is sometimes called out on an obvious line item on the invoice; it is often more subtle.)

Re: A Story Of Starting A Business In Japan

#8

Post by unknownsavage » Wed, Jan 18, 2017, 4:55 PM UTC

I've always been interesting in doing this in Japan, this is without a doubt the best resource I've ever seen on the matter. Well done to the author, thanks for writing this up.

Re: A Story Of Starting A Business In Japan

#9

Post by grabcocque » Wed, Jan 18, 2017, 5:12 PM UTC

Japan's population is expected to collapse over the next few deacades, and that population will be increasingly past retirement age.

http://www.economist.com/blogs/banyan/2014/03/japans-demogra...

So you're gonna need to give serious thought to where you're planning to get employees from.

Re: A Story Of Starting A Business In Japan

#10

Post by sparkzilla » Wed, Jan 18, 2017, 5:17 PM UTC

grabcocque wrote: post #9

Japan's population is expected to collapse over the next few deacades, and that population will be increasingly past retirement age. http://www.economist.com/blogs/banyan/2014/03/japans-demogra... So you're gonna need to give serious thought to where you're planning to get employees from.

Or you could start a robotics or elder-care business...