Corporate Law
Japan's current corporate law is based upon the Commercial Code as amended through December 30, 2005. Shareholder liability rules generally follow American example. Under Japanese law the basic types of companies are:
- Limited liability partnerships (yūgen sekinin jigyō kumiai)
- Kabushiki kaisha (K.K.), similar to an Anglo-American corporation
- Godo kaisha (GDK), similar to an American limited liability company
- Gōmei kaisha (GMK), similar to an Anglo-American general partnership
- Gōshi kaisha (GSK), similar to an Anglo-American limited partnership
Read more about this topic: Law Of Japan
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