Korean e-commerce giant Coupang enters the Japanese market-Japanese company registration

Coupang is an e-commerce company headquartered in Seoul, the capital of South Korea. Its founder is Bom Kim, and the company was established in 2010. In May 2015, the company’s total financing has reached 1.4 billion US dollars, and Coupang’s valuation has exceeded one trillion won, about 913 million US dollars.

Coupang’s product categories are very rich, including electronic products, beauty products, consumer goods, books, baby products, household goods, decoration, fashion, toys, sporting goods, tickets, tourism and cultural activities planning.

Coupang operates more than 100 distribution centers in Korea with more than 40,000 employees. In less than 10 years, it has grown into a national leader in e-commerce, with 14.85 million buyers and sales close to 12 billion US dollars. Coupang’s Rocket Delivery service promises to deliver orders within 24 hours. Coupang has a 24% share of the Korean e-commerce market with this service.

According to foreign media reports, Coupon announced on June 3 that it will start trial operation of Coupon service in parts of Kanagawa, Tokyo from this month. At present, Coupang in Japan only offers about 320 products in 23 categories. Unlike South Korea’s "24-hour" transportation service, Coupang promises to deliver goods immediately after receiving orders from nearby buyers in Japan. The business model of trial operation is similar to food delivery.

However, apart from Kanagawa, there is no distribution in other parts of Japan at present, and there are not many product categories for the time being. As a demonstration service for testing the Japanese market, Coupang will conduct small-scale market testing and correction in this area.

Information required for Japanese company registration (shell company)

1、The name of the company can be in Chinese, Japanese and English, but the company must be added before or after;

2、Color scanned copies of the ID cards of directors and shareholders and their contact telephone numbers. Directors need to make a personal seal (2 * 2);

3、Directors’ ID cards and personal seals need to be notarized, notarized documents should be provided, and notarized documents should be translated into Japanese (our company can provide notarized samples);

4、The registered capital is 1,000,000 yen, and there is no need for capital verification. If it is necessary to increase the registered capital, a usage fee of 4% of the increased amount will be charged.

5、Share proportion;

6、Business scope of the company;

7、Fill in an application form for Japanese company registration.

The registration file contains

1、A certificate of business license of Japan Co., Ltd.;

2、Corporate Seal of Japan Corporation, Bank of Japan Corporation

Chapter;

3、A certificate of corporate seal of Japan Co., Ltd.;

4、A copy of the Articles of Association of Japan Corporation.

Limitation of registration

About 30 working days(about 2 months)

(Source: cross-border service master sa)

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(Source: Cross-border White Warrior James)