Virtual Currency Exchange Provider License in Japan - Obtain Virtual Currency Exchange Provider License from Japan.

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Introduction for Japan providing Virtual Currency Exchange Provider License

The amended Payment Services Act entered into force on 1 April 2017 and Virtual Currency Exchange providers are required to file with the Japanese Financial Services Agency at that period.

Japan comprises of a few great many islands, of which Honshu, Hokkaido, Kyushu, and Shikoku are the four biggest. Japan’s nearest neighbors are Korea, Russia, and China. The Sea of Japan isolates the Asian landmass from the Japanese archipelago. 

Japan’s zone is tantamount to that of Germany or California. Japan’s northernmost islands are situated on a comparative topographical scope as Milan or Portland, while her southernmost islands are on a comparable scope as the Bahamas. Over half of the nation is precipitous and covered by woodlands. Japan is politically organized into 8 districts and 47 prefectures. 

The population of Japan is around 125,000,000, including roughly 2,000,000 unfamiliar inhabitants. The greater part of the non-Japanese population is of the Korean plunge. 

Since Japan is situated in an area, where a few mainland plates meet, the nation encounters regular quakes. For a similar explanation, there are numerous volcanoes and characteristic natural aquifers in Japan. Japan’s most well-known spring of gushing lava and the most noteworthy mountain is Mt.Fuji. 

Because of the enormous North-South expansion of the nation, the atmosphere fluctuates firmly in various locales. The atmosphere in a large portion of the significant urban communities, including Tokyo, is mild to subtropic and comprises of four seasons. The colder time of year is mellow and the late spring is hot and moist. There is a blustery season in late-spring, and storms hit portions of the nation consistently during pre-fall. The atmosphere of the northern island of Hokkaido and the Sea of Japan coast is colder, and snowfalls in enormous sums. In Okinawa, then again, the mean temperature of January is a warm 17 degrees Celsius. Many guests as far as possible their touring exercises to the nation’s vigorously urbanized zones between Tokyo, Kyoto, and Hiroshima. Therefore, many get back with a solidified misinterpretation that Japan is one enormous, thickly populated megacity. Truth be told, notwithstanding, more than 66% of Japan are covered by forested mountains and slopes, contrasted with under 10% private and modern land. 

 

The Japanese archipelago extends almost 3000 kilometers from north to south, permitting guests to encounter a wide scope of common sights from the floating ice in the oceans off Hokkaido to the mangrove wildernesses in Okinawa. In the middle, there are lofty volcanoes, stunning coastlines, and immense woods occupied by monkeys, bears, deer, cranes, and other natural life. Spots of specific regular magnificence are ensured as public parks and world legacy sites. Japan has a rugged inside which is generally comprised of volcanoes. These statures give a lot of climbing openings and beautiful perspectives from which to see the encompassing areas. The Japanese individuals have a profound fondness for the excellence of the scene. The antiquated Shinto religion says common highlights like mountains, cascades, and backwoods have their own spirits, similar to spirits. 

 

The majority of Japan is covered by open country. Be that as it may, with in excess of 100 million individuals living in a particularly little spot, natural life has endured. 

 

Contamination is currently firmly controlled, however, street building and other human exercises have hurt common territories. Around 136 species in Japan are recorded as jeopardized. 

 

The warm Tsushima Current streams from the south into the Sea of Japan, where it meets a colder ebb and flow from the north. The blending of waters makes the oceans around Japan wealthy in fish and other ocean life. The Japanese are acclaimed for their readiness to buckle down. Kids are instructed to show regard for other people, particularly guardians and managers. They figure out how to put forth a valiant effort for their family or organization and stress less over their own necessities. 

 

Japanese food is altogether different from food in Western nations. There is loads of rice, fish, and vegetables, however little meat. By and large, longer than some other individuals in the world. Japan is the lone nation on the planet with an authoritative sovereign. Heads have no genuine force, yet they are as yet respected as an image of the nation’s customs and solidarity. 

 

World War II crushed Japan’s economy. Be that as it may, the Japanese public’s persistent effort and sharp advancement turned it around, making it the second-biggest economy on the planet. Japan’s cutting edge industry makes probably the most famous electronic items in the world. People originally came to Japan around 30,000 years prior. At that point, the primary islands were associated with Siberia and Korea by scaffolds of dry land, so individuals crossed by walking. The primary society, called the Jomon culture, emerged around 12,000 years prior. Around a similar time, the Ainu public showed up by boat from Siberia. 

 

The Jomon and Ainu made due for a huge number of years, chasing, fishing, and assembling plants. In 300 B.C., the Yayoi public came to Honshu Island from Korea and China. They were gifted weavers, instrument producers, and ranchers who started developing rice in overflowed paddy fields. 

 

In 660 B.C., Japan’s first ruler, Jimmu Tenno, came to control. Sovereigns controlled Japan until the twelfth century A.D., when military rulers, called shoguns, took control and governed by might. 

 

Europeans previously showed up in Japan in 1543, bringing firearms and Christianity. In 1635, the decision shogun shut Japan to outsiders and prohibited Japanese to travel abroad. This seclusion endured for over 200 years. In 1868, the shoguns were ousted and heads returned. This was a period of incredible change and modernization for Japan. 

 

During World War I (1914-1917), Japan battled on the U.S. Be that as it may, on December 7, 1941, Japan bombarded the United States naval force armada at Pearl Harbor in Hawaii and the U.S. entered World War II. From 1941-1945, Japan’s military chiefs battled against the U.S. furthermore, the associated powers. In August 1945, the U.S. dropped nuclear bombs on the Japanese urban areas of Hiroshima and Nagasaki, slaughtering around 115,000 individuals. Japan gave up a couple of days after the fact.

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How we help with Virtual Currency Exchange Provider License in Japan?

  • Free Consultation

    Our team of Virtual Currency Exchange Provider License consultants for Japan provide free consultation for Virtual Currency Exchange Provider License in Japan to understand client`s requirements.

  • Information Collection

    Conduct due diligence, KYC and suitability assessment before proceeding for Virtual Currency Exchange Provider License in Japan.

  • Documentation

    Filling application forms and other documentation for the application for obtaining Virtual Currency Exchange Provider License for Japan.

  • Filling of Application

    Filling application forms and other documentation for the application for obtaining Virtual Currency Exchange Provider License for Japan.

  • Strong Follow-up

    Once we apply for Virtual Currency Exchange Provider License in Japan will follow up with the authorities until conclusion.

Licensing Services and details for Virtual Currency Exchange Provider License Japan

Timeframe:

  • Company formation – in a span 8 weeks
  • License application – in a span within 6 months

Minimum capital requirement: JPY10 000 000 000 (approx. EUR 75000) + minimum registration tax of JPY 150 000 (0.7 percent  of capital)

It should be noted that not all currently available cryptocurrencies come under the limits of the Virtual Currency under the Payment Services Act.There are two forms of virtual currency that are described and governed by the Act.:

  • A currency that has economic value which can be used to pay for goods and services (for example: Bitcoin, Litecoin, Ether etc.);
  • A currency that can be exchanged with the first description of a virtual currency.

That said, a coin/token that can not be used as a payment for goods or services and can only be exchanged with a currency described in the second definition will not be viewed by the Payment Services Function as a virtual currency. Instruments related to fiat currencies are also not considered virtual currency, as certain types of instruments are exempted from all definitions.Each applicant must also have a list and a description of the virtual currencies that the organisation intends to deal with.

Examples of commitments which do not fall inside the limits of the Virtual Currency Exchange Business as described in the Act are as follows:

  • a natural or legitimate entity engaged in Virtual Currency trading solely for its own investment purpose;
  • Companies engaged in Cryptocurrency Mining;
  • Software developers;
  • Wallet service providers that are not engaged in the sale or purchase of virtual currency.

Benefits of Japan Virtual Currency Exchange Licensing Provider:

  • JApan Company offers a clear image to its clients;
  • Strong reputation around the world;
  • One of the few jurisdictions issuing licences for virtual currency exchanges;
  • Japan is a big international financial centre;
  • 96 treaties on the avoidance of double taxation;
  • Not blacklisted

Why us for licensing of Virtual Currency Exchange Provider License Japan?

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When you hire us to obtain Virtual Currency Exchange Provider License of Japan, also known as, Virtual Currency Exchange Provider Licenseof Japan, Virtual Currency Exchange Provider License of Japan and Virtual Currency Exchange Provider License of Japan you can rely on us for our honest effort and support for getting your Virtual Currency Exchange Provider License of Japan to achieve your business objectives with our surety that “Your relationship is more important for us than money because we earn relationships, money automatically follows, as we all have to earn but you and our clients are very important, that is why we get so many repeat clients and referrals. We dominate the market for Virtual Currency Exchange Provider License services in Japan making us number 1 choice of companies looking for Virtual Currency Exchange Provider License Japan due to our efficiency and low cost licensing services for Japan`s Virtual Currency Exchange Provider License.

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Need to Know – Features and Licensing Criteria for Japan`s Virtual Currency Exchange Provider License

  • Information and requirements to apply for Virtual Currency Exchange Provider License of Japan

    Company structure

    • At least one shareholder (natural person or legal entity, no nationality restrictions)
    • At least one resident director (representative of the local office)
    • A minimum of 1 local compliance officer (local compliance officer and internal controller in the corporate office of the company)

    Taxation

    • 37.05% Corporate income tax rate (including Corporate Inhabitant Tax)
    • Withholding tax rates: 15% on dividends, 20% on debt, 20% on royalties
    • 8% Consumption tax (~VAT)

    Accounting and audit  – A yaerly audit of company’s financial statements is needed

    Secretary – will be needed

    Registered office –will be needed

    Registered Agent – Not needed

    Company name

    • The provider does not use a trade name or business name that is the same as that used by any other company.
    • The name of the company must be followed by the words “Kabushiki-Kaisha” (in Japanese characters)
    • It is limited to the name of the Company to contain any term that would make it possible for the Company to be confused for a different form of Company.
    • Restricted company name interactions: names of state and local government agencies and agencies
    • The name of a corporation would not be contrary to good morality, nor would it be misleading with regard to the legal form, area of operation or scope of activity of the undertaking.
    • Registrar can reject any name it considers to be undesirable or contrary to the public interest.
  • Procedure to acquire Virtual Currency Exchange Provider License of Japan

    The following steps will be taken to acquire a licence:

    • Application to reserve the name of the company
    • Preparation and submission of applications and documents of incorporation to the Registry
    • The company’s incorporation
    • Filing to the Bank of Japan under the Japan Foreign Exchange Act
    • Filing of notifications to the tax authorities
    • Opening of a Bank Account
    • Registration with the FSA/Local Financial Bureau
  • Documents required to get Virtual Currency Exchange Provider License of Japan

    In order to acquire a licence, Offshorelicense will fill out all the necessary application forms and will also buy apostilled corporate documents.

    Please provide us with the following documentation for this purpose.

    For the officers of the company:

    • A authorised copy of the valid passport (of each Director or Shareholder)
    • Notarized copy of proof of residence address (ex. utility bill of each Director) 
    • Reference to Certified Bank (of each Director)
    • 2 professional character recommendation (of each Director and Shareholder)
    • Detailed CV of the applicant dated and signed (of each Director and Shareholder)
    • Notarized copies of high educational diplomas
    • Notarized criminal record

    In the case that the shareholder is a corporation, it is necessary to provide:

    • Certified true copy of registry certificate
    • Shareholder List
    • Copy of the last yearly/financial return
    • Apostilled Certificate of Good Standing

    For the company/business:

    • Detailed business model, including the possibility of profit and loss over three fiscal years from start-up
    • Manuals: rules for internal control; rules for internal procedures;System of protection measures for users of service providers;System of segregated money processing, virtual currencies invested by users;Information Technology Risk Control Scheme
    • List and description of a virtual currency offered
    • Contract form for the execution of virtual currency exchange company

    Additional Due diligence may be prescribed by Financial Services Commission:

    • Original documents proving the origins of capital

    N.B.

    • If the documents are not in English, a notarized translation must be given.
    • The Service Agent is required by law to meet the client face-to-face where it is not possible–a letter would be delivered to the ID address by registered mail.
    • Additional documents can be requested from the FSA/Local Financial Bureau or the local bank at any point in time to certify relevant records.
  • Disclaimer for Licensing in Virtual Currency Exchange Provider License Japan

    Note* Our Company is totally against Money Laundering, Drug Trade in Virtual Currency Exchange Provider License Japan, Terrorism and Human Trafficking in Japan Virtual Currency Exchange Provider License, hence, WE DO NOT SUPPORT SUCH CLIENTS.

    We follow FATF rules very strictly for our Virtual Currency Exchange Provider License services for Virtual Currency Exchange Provider License Japan.

    We do not support or provide our Virtual Currency Exchange Provider License service for Japan to below mentioned category(s) of businesses:

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    • EU and Offshore blockchain license support for blockchain license in Japan is not provided to Individuals or Companies who want to get offshore Virtual Currency Exchange Provider License in Japan and are dealing in dangerous or hazardous biological, chemical also our offshore blockchain license services for Japan is not provided to entities dealing in nuclear materials, including, machinery or equipment used to manufacture, handle or dispose of any such material(s) to get offshore Virtual Currency Exchange Provider License services in blockchain license Japan.

    • blockchain license services in Japan provided by lawyers, attorneys and consultants for blockchain license in Japan is not provided to Individuals or Companies who are dealing in trading, storage or transportation of Human or animal organs, abuse of animals or use of animals for any scientific or product testing and want to fill Japan`s blockchain license application.

    • Our Law firm does not provide blockchain license support in Japan to Individuals or Companies dealing in Pornography or pornography-based wanting to get Japan`s blockchain license.

    • Our lawyers for blockchain license in Japan do not provide support to Individuals or Companies dealing in Pyramid sales wanting to apply for Japan`s blockchain license.

    • Our Consultants for blockchain license in Japan do not provide services to Individuals or Companies dealing in drug paraphernalia nor do they help in acquiring Japan`s blockchain license.

    We also do not support or provide our cryptocurrency exchange service for Japan to below mentioned category(s) of businesses:
    • Licensing services for cryptocurrency exchange Japan are not provided to Traders, distributors or manufacturers of arms, weapons, ammunitions, mercenary or contract soldiering who want to do get a cryptocurrency exchange in Japan.

    • Virtual Currency Exchange Provider License service for cryptocurrency exchange of Japan is not provided for Technical surveillance or bugging equipment or industrial espionage who want to apply for cryptocurrency exchange in Japan and use our cryptocurrency exchange services in cryptocurrency exchange Japan.

    • Virtual Currency Exchange Provider License services for cryptocurrency exchange Japan are not provided for any illegal or criminal activities or individual(s) that are blacklisted under the law who want fill application for cryptocurrency exchange in Japan and use our license service to acquire cryptocurrency exchange for Japan.

    • Virtual Currency Exchange Provider License services for cryptocurrency exchange of Japan are not provided to Individuals or Companies dealing in Genetic material and want help with obtaining cryptocurrency exchange in Japan.

    • EU and Offshore cryptocurrency exchange support for cryptocurrency exchange in Japan is not provided to Individuals or Companies who want to get offshore Virtual Currency Exchange Provider License in Japan and are dealing in dangerous or hazardous biological, chemical also our offshore cryptocurrency exchange services for Japan is not provided to entities dealing in nuclear materials, including, machinery or equipment used to manufacture, handle or dispose of any such material(s) to get offshore Virtual Currency Exchange Provider License services in cryptocurrency exchange Japan.

    • cryptocurrency exchange services in Japan provided by lawyers, attorneys and consultants for cryptocurrency exchange in Japan is not provided to Individuals or Companies who are dealing in trading, storage or transportation of Human or animal organs, abuse of animals or use of animals for any scientific or product testing and want to fill Japan`s cryptocurrency exchange application.

    • Our Law firm does not provide cryptocurrency exchange support in Japan to Individuals or Companies dealing in Pornography or pornography-based wanting to get Japan`s cryptocurrency exchange.

    • Our lawyers for cryptocurrency exchange in Japan do not provide support to Individuals or Companies dealing in Pyramid sales wanting to apply for Japan`s cryptocurrency exchange.

    • Our Consultants for cryptocurrency exchange in Japan do not provide services to Individuals or Companies dealing in drug paraphernalia nor do they help in acquiring Japan`s cryptocurrency exchange.

    We also do not support or provide our digital asset license service for Japan to below mentioned category(s) of businesses:
    • Licensing services for digital asset license Japan are not provided to Traders, distributors or manufacturers of arms, weapons, ammunitions, mercenary or contract soldiering who want to do get a digital asset license in Japan.

    • Virtual Currency Exchange Provider License service for digital asset license of Japan is not provided for Technical surveillance or bugging equipment or industrial espionage who want to apply for digital asset license in Japan and use our digital asset license services in digital asset license Japan.

    • Virtual Currency Exchange Provider License services for digital asset license Japan are not provided for any illegal or criminal activities or individual(s) that are blacklisted under the law who want fill application for digital asset license in Japan and use our license service to acquire digital asset license for Japan.

    • Virtual Currency Exchange Provider License services for digital asset license of Japan are not provided to Individuals or Companies dealing in Genetic material and want help with obtaining digital asset license in Japan.

    • EU and Offshore digital asset license support for digital asset license in Japan is not provided to Individuals or Companies who want to get offshore Virtual Currency Exchange Provider License in Japan and are dealing in dangerous or hazardous biological, chemical also our offshore digital asset license services for Japan is not provided to entities dealing in nuclear materials, including, machinery or equipment used to manufacture, handle or dispose of any such material(s) to get offshore Virtual Currency Exchange Provider License services in digital asset license Japan.

    • digital asset license services in Japan provided by lawyers, attorneys and consultants for digital asset license in Japan is not provided to Individuals or Companies who are dealing in trading, storage or transportation of Human or animal organs, abuse of animals or use of animals for any scientific or product testing and want to fill Japan`s digital asset license application.

    • Our Law firm does not provide digital asset license support in Japan to Individuals or Companies dealing in Pornography or pornography-based wanting to get Japan`s digital asset license.

    • Our lawyers for digital asset license in Japan do not provide support to Individuals or Companies dealing in Pyramid sales wanting to apply for Japan`s digital asset license.

    • Our Consultants for digital asset license in Japan do not provide services to Individuals or Companies dealing in drug paraphernalia nor do they help in acquiring Japan`s digital asset license.

    We also do not support or provide our ICO License service for Japan to below mentioned category(s) of businesses:
    • Licensing services for ICO License Japan are not provided to Traders, distributors or manufacturers of arms, weapons, ammunitions, mercenary or contract soldiering who want to do get a ICO License in Japan.

    • Virtual Currency Exchange Provider License service for ICO License of Japan is not provided for Technical surveillance or bugging equipment or industrial espionage who want to apply for ICO License in Japan and use our ICO License services in ICO License Japan.

    • Virtual Currency Exchange Provider License services for ICO License Japan are not provided for any illegal or criminal activities or individual(s) that are blacklisted under the law who want fill application for ICO License in Japan and use our license service to acquire ICO License for Japan.

    • Virtual Currency Exchange Provider License services for ICO License of Japan are not provided to Individuals or Companies dealing in Genetic material and want help with obtaining ICO License in Japan.

    • EU and Offshore ICO License support for ICO License in Japan is not provided to Individuals or Companies who want to get offshore Virtual Currency Exchange Provider License in Japan and are dealing in dangerous or hazardous biological, chemical also our offshore ICO License services for Japan is not provided to entities dealing in nuclear materials, including, machinery or equipment used to manufacture, handle or dispose of any such material(s) to get offshore Virtual Currency Exchange Provider License services in ICO License Japan.

    • ICO License services in Japan provided by lawyers, attorneys and consultants for ICO License in Japan is not provided to Individuals or Companies who are dealing in trading, storage or transportation of Human or animal organs, abuse of animals or use of animals for any scientific or product testing and want to fill Japan`s ICO License application.

    • Our Law firm does not provide ICO License support in Japan to Individuals or Companies dealing in Pornography or pornography-based wanting to get Japan`s ICO License.

    • Our lawyers for ICO License in Japan do not provide support to Individuals or Companies dealing in Pyramid sales wanting to apply for Japan`s ICO License.

    • Our Consultants for ICO License in Japan do not provide services to Individuals or Companies dealing in drug paraphernalia nor do they help in acquiring Japan`s ICO License.

    Important Notice : Million Makers has taken reasonable care in researching and providing information for Virtual Currency Exchange Provider License in Japan, at the same time we do not accept any responsibility(s) for any financial or other loss or damage that may result from its information or services to acquire Japan Virtual Currency Exchange Provider License. Users of the site are advised to take appropriate professional advice before committing themselves to involvement with licensing services Virtual Currency Exchange Provider License Japan.

Other Jurisdictions for Licensing

Apart from Virtual Currency Exchange Provider License in Japan, we also provide licensing for below mentioned categories and in various jurisdictions.

*Note : If you are looking forward for licensing services in a country, which is not listed on our website please Contact Us, we might be able to service and fulfil your requirements.

*Note : Our Company is totally against Money Laundering, Drug Trade, Terrorism and Human Trafficking, hence, WE DO NOT SUPPORT SUCH CLIENTS.

Our Featured Services for Japan Virtual Currency Exchange Provider License

When you apply for Virtual Currency Exchange Provider License with us for Japan, we also offer extensive support which starts with licensing in Japan but extends to HR support in Japan, bank account opening payment processing in Japan just to name a few.

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Other Services offered by us

Along with Virtual Currency Exchange Provider License for Japan

Other Featured Services for Japan Virtual Currency Exchange Provider License

When you apply for Virtual Currency Exchange Provider License with us for Japan, we also offer extensive support which starts with licensing in Japan but extends to HR support in Japan, bank account opening payment processing in Japan just to name a few.

Years of experience with Licensing Services for Japan and total business solution!

Company Registration

We have largest company registration services for Japan and 108 Countries.

Bank Account Opening

Our licensing consultants also help with bank account opening in Japan and 108 countries.

Payment Processing

Apart from licensing services for Japan, guidance is provided for accepting payments online.

Virtual phone number

We provide VoIP phone number to clients in Japan and all around the globe with enterprise level quality.

Virtual Address

Apart from Forex license we also provide virtual address to choose from 66 beautiful locations worldwide.

Business for sale

Need an existing business for sale in Japan, our licensing agents can connect you with our specialists in Japan.

Human Resources

Our Human Resources Consultants in Japan provide specialized solutions, after your Virtual Currency Exchange Provider License.

Post jobs

Start New business

Apart from Virtual Currency Exchange Provider License we support our clients for Japan with comprehensive assistance for starting new business in Japan.

Accounts Outsourcing

Best accountants in Japan are available 24 * 7 for any accounting support for Japan. We provide accounts outsourcing services in 106 countries!

Ready-made company

Best in the class support for ready-made company in Japan and 109 Countries.

Entrepreneur immigration to Japan

Looking for entrepreneur immigration to Japan, use our services for 107 countries contact us for free consultation.

Work visa for Japan

Planning to place your key employees in Japan and need support for work visa for Japan for directors or employees.

Software and Web Development

Successfully helped our clients for software development and web development in Japan and 109 countries with blockchain, IOT, web, ecommerce and apps at very affordable prices with best enterprise grade quality.

Best cryptocurrency and wallet software development.

Projects Accomplished till April 2021

6000+

“International Knowledge for your success!”

Professional Guidance for Virtual Currency Exchange Provider License in Japan

Request free consultation for Virtual Currency Exchange Provider License obtaining services in Japan.


FAQs – Virtual Currency Exchange Provider License in Japan

Issuing authority for Japan, Virtual Currency Exchange Provider License : Financial Services Authority of Japan
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