Mochibun kaisha


Mochibun kaisha are a class of corporations under Japanese law. 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.

Types

There are three types of mochibun kaisha:
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, a different type of business organization. Civil code partnerships lack legal personality and are mainly used for investment funds and professional firms.