- What’s a Godo Kaisha?
- A Godo Kaisha (a “GK”), which some people call a “Japanese LLC,” is a relatively new type of entity that came into existence in May 2006 with the abolition of the incorporation of new yugen kaisha type companies and is an alternative to setting up a joint-stock company (kabushiki kaisha, “KK”). Structure A GK is made up of members (“shain”), each of whom must invest at least one yen into the company. Members can be thought of as the “shareholders”…