Starting a Fund Business in Japan
更新日：2024年3月17日
A license 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.
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.
| 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 licenses.
| Types of fund business | License /notification required |
| Fund raising | license for Type II financial instruments business. ⇒ Raising deemed securities under collective investment scheme also needs a license for Type II financial instruments business. |
| Fund management | License for investment management business. ⇒ The license 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 investment management business license and Type II financial instruments business license. ⇒ 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. |
