When a foreign company acquires shares in a Japanese company, it may be required to make a filing before or after the event pursuant to foreign investment laws, including the Foreign Exchange and Foreign Trade Act.
On rare occasions, the Ministry of Finance and the Ministry of Economy, Trade and Industry may request that changes be made to the share acquisition plan, or even demand that the plan be halted.
Filing requirements
In principle, when a foreign investor makes an inward direct investment, it is required to make a filing with the Minister of Finance and other relevant ministers through the Bank of Japan within 15 days of the transaction. Failure to make such a filing can result in imprisonment or a fine.
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Hiroshige Nakagawa is a partner at Anderson Mori and Tomotsune and chief representative of its Beijing Office.
北京市朝阳区东三环北路5号
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电话 Tel: +86-10-6590-9060
传真 Fax: +86-10-6590-9062
电子信箱 E-mail:
hiroshige.nakagawa@amt-law.com
网址 Website: www.andersonmoritomotsune.com, www.andersonmoritomotsune.cn
