Do you need a bank account in Japan as Foreigners or Foreign companies?

・From March 2019, opening a corporate bank account has become difficult.

In the past, even if the CEO was a foreigner and lived abroad, it was possible to open a bank account with the support of collaborator residing in Japan. However, the bank’s compliance system has strengthened and then examinations for opening corporate bank account have become extremely strict.  Currently, even a person residing in Japan is appointed as a director, opening a corporate account is almost impossible if the address of CEO is not in Japan. To create a corporate account, companies need to assign a resident in Japan as CEO.

Back then the regulations were not so strict, and many corporate accounts were opened for foreigners living overseas.  It caused troubles, eg. “the telephone cannot be connected” and “there is no one to contact” and the bank was left with abandoned accounts, and they became a burden on the bank to maintenance.

 

Please prepare the following items.

・Landline phone *It shows more credit than mobile phone only.

・Company websites or other materials which shows your business contents

・Business card

・Contracts with business partners

・Passport

・Residence card  *Business manager visa , highly-skilled foreign professionals visa, and status of residence have more chance to be accepted.

・Certified copy of register/Toukibo tohon

・Corporate seal (bank seal)/ Houjin-in

・Certificate of corporate seal/Houjin-in Inkan-shomei-sho

・Articles of incorporation/Teikan

・Copy of tax office notification/Zeimu-sho Todokede Hikae

 

Please contact us if you cannot open your corporate account. Our office is here for you not only establishing a company, but also follow-through services.  It includes opening a corporate account, working visa for foreign employees, consultation on establishment bank loans, application for government grants, and application for various business permits.

 

Your initial consultation is free of charge. Please contact us by either phone or email. (If you prefer to visit our office for consultation, kindly make an appointment by phone or email.)

If you wish consultation via email, please send your information using the form below. Note that we open and read incoming messages around the clock, but may require some time to reply. For urgent inquiries, kindly contact us by phone.

There is a possibility that inquiries from overseas can not be received by this website. If so, please contact this email address.

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