FAQ Archives - Page 58 of 94 - Ohara & Furukawa

July 14, 2016

What kind of visa is appropriate for someone setting up a business in Japan?

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.

July 11, 2016

What is the Madrid Protocol?

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.

July 8, 2016

How are creditors’ rights affected by bankruptcy proceedings in Japan?

Once a bankruptcy case starts, creditors of the bankrupt party lose all rights to pursue payment of any debts outside of the bankruptcy proceedings. If one creditor were to settle with the debtor outside of the bankruptcy court it would unfairly prejudice the remaining creditors so the bankruptcy law specifically prohibits creditors from privately pursuing their claims.

July 6, 2016

How long do you have to pay a traffic ticket in Japan?

Minor traffic violations in Japan are often punished with a fine and do not usually result in an appearance in court. After the traffic violation, the driver will receive a blue Traffic Violation Ticket and a Fine Payment Bill. If the fine is paid within 8 days, the case is closed.