Mochibun kaisha
Mochibun kaisha (持分会社) are a class of corporations under Japanese law.[1] While mochibun kaisha have legal personality as corporations, their internal functions are similar to partnerships, as they are both owned and operated by a single group of members (社員, shain).
Types
There are three types of mochibun kaisha:
- Gōmei gaisha, in which all members have unlimited liability for the company's debts (similar to a general partnership)
- Gōshi gaisha, in which some members have unlimited liability and some have limited liability (similar to a limited partnership)
- Gōdō gaisha, in which all members have limited liability (very similar to a U.S. limited liability company)
Mochibun kaisha are formed by preparing articles of incorporation and depositing the articles with a local Legal Affairs Bureau.
The Japanese civil code also provides for partnerships (組合, kumiai), a different type of business organization. Civil code partnerships lack legal personality and are mainly used for investment funds and professional firms.
gollark: This is why Minoteaur 4 will require 500MB of free RAM and at least 3072 CUDA cores.
gollark: Essentially, with unfathomable machine learning™, you can make a thing able to answer arbitrary questions using information from your notes, and do search without relying on things containing exactly the same words/phrasing.
gollark: I have even MORE ideas. For instance, did you know about OPEN-DOMAIN QUESTION ANSWERING and SEMANTIC SEARCH?
gollark: Which is about as well-specified as Macron, if more implemented.
gollark: This is all as part of my very long-term plan to make someone implement Minoteaur.
References
- Nottage, Wolff & Anderson; Luke Nottage; Leon Wolff; Kent Anderson (2008). Corporate governance in the 21st century: Japan's gradual transformation. Edward Elgar Publishing. p. 121. ISBN 1-84720-923-8.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.