Mochibun kaisha (持分会社, Mochibun kaisha?) are a class of corporations under Japanese law. While mochibun kaisha have legal personality as corporations, their internal functions are similar to partnerships, as they are both owned and operated by a single group of members (社員, shain?).
There are three types of mochibun kaisha:
Mochibun kaisha are formed by preparing articles of incorporation and depositing the articles with a local Legal Affairs Bureau.
The Japanese civil code also provides for partnerships (組合, kumiai?), a different type of business organization. Civil code partnerships lack legal personality and are mainly used for specialized investment purposes.
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