Starting a Fund Business in Japan
A licence for Type II Financial Instrument business is required when starting
a fund business.
We undertake application service for Type II Financial Instrument business
and submit it to the local finance bureau on behalf of clients.
If you are thinking to set up a company to start a fund business, we can
also make an application for setting up a company.
Please do not hesitate to call or email us for consultation.
Fund Business
The process of setting up and manage a fund may seem complicated.
But successful operation of a fund could lead to greater investment returns.
With our experience and expertise, you can build up your fund business
in the most
effective and efficient way.
Types of Fund
| Categories of association |
Specific types of Fund |
Association
Union partnership |
Silent Partnership, Investment Limited Partnership,
Limited Liability Partnership, Unlimited Liability
Partnership |
Company,
Corporation |
joint-stock company, Limited Liability Company,
Limited Liability Intermediate Corporation,
Incorporated association, Investment corporation,
Specific Purpose Company/TMK |
| Trust |
Special Purpose Trust, Investment trust, Mutual fund |
Fund business and required business licences.
| Types of fund business |
Licence /notification required |
| Fund raising |
licence for Type II financial instruments business.
⇒ Raising deemed securities under collective
investment scheme also needs a licence for Type II
financial instruments business. |
| Fund management |
Licence for investment management business.
⇒ The licence is required where the fund make
investments in financial instruments such as bonds,
stocks, FX and securities. |
| Professional fund |
Notification of qualified institutional investment.
⇒ Members are exempted from obtaining an
investmentmanagement business licence and Type
II financial instruments business licence.
⇒ A fund should be invested by 49 or less general
investors and at least 1 qualified institutional
investor. |
Regulations governing fund business
| Regulations |
Types of fund business |
| Financial Instruments and Exchange Act |
Fund investment in financial instruments such as
stocks and bonds. |
| Real Estate Specified Joint Enterprise Act |
Fund investment in real estates. |
| Act on Regulation of Business Pertaining to Commodity Investment |
Fund investment in commodity futures, commodity
future index and commodity options. |
|
