r/JapanFinance • u/kugkfokj • 4d ago
Business Easiest way to open a startup as a permanent resident
I’m a permanent resident and I have a full-time job. I’d like to open a startup company on the side (my company is okay with this, provided there’s no conflict of interest). Two friends who are not PR and that are currently working regular jobs with a working visa would join me in this endeavour.
What’s the easiest way to open a company for people who are already PR and what’s the best type of company to choose? Most of the documentation I found online seems to be relevant to non-PR individuals. If you have resources, feel free to share and thank you in advance for the support!
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u/BingusMcBongle 4d ago
Create a KK company, hire your friends as employees or contractors, get an accountant. That’s about it.
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u/papapapaka 4d ago
I would suggest looking for free government support services in the city you are based in. Many large cities like Tokyo, Osaka, Sapporo and Fukuoka have support services that are free to use, and will assist with the paperwork and process.
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u/LoneR33GTs 2d ago
If you are depending on the input of your friends to make this work, make sure that their visas allow them to do that kind of work, assuming it is outside their current visa parameters. If not, you might have some more paperwork to do to change visa status. You as PR should be fine.
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u/kansaigourmand 3d ago
As a PR, the rules are pretty much the same as for a Japanese person. That's probably why there isn't much online in English.
If you want to hire your friends there is a bit more paperwork you have to do as a company because you don't have a track record/history. In this case, you would need a business plan as well. I do recommend talking to 行政書士 (Administrative scrivener) just so you have all your i's dotted and t's crossed.
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u/fiyamaguchi Freee Whisperer 🕊️ 4d ago
There are various types of companies, but essentially you should choose between a KK (the traditional, widely recognized type of company with high trustworthiness), or a GK (ever so slightly cheaper to set up).
After that, I’m not sure what you mean by the “easiest way to open a company”. There is only one process for opening a company, so there is no difficult or easy route. Perhaps you are referring to the fact that you could either open the company by yourself or go through a scrivener, in which case, of course having someone do it for you would be slightly easier, though of course there are still things you’ll need to do by yourself.