When faced with the decision to acquire permanent residency or naturalize as a Japanese citizen, foreign nationals should first consider the benefits and disadvantages of each option. While both options include the legal right to stay in Japan, citizenship also grants certain privileges that permanent residents do not enjoy. However, becoming a Japanese citizen means giving up foreign citizenship which, for some, may outweigh the benefits that Japanese citizenship confers.
In international business deals the two parties may not share a common language. In these circumstances, the final contract may be translated into multiple languages and there may be up to two or three different language versions of the same agreement. Therefore, it is important to specify which language is the “official” version of the contract through a Choice of Language clause.
In order for a foreign national to live and work in Japan, it is necessary to have a proper visa. This requirement can make it difficult for foreign investors to start a business in Japan. However, to solve this problem and encourage foreign investment, Japan has established the “Investor/Business Manager” visa.
The Madrid Agreement is an international treaty regulating the protection of intellectual property. Ninety countries are registered to the system established by the treaty and it is administered by the World Intellectual Property Organization (WIPO) The portion of the Madrid System that applies to trademarks is called the Madrid Protocol.