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Japan Legal Update | Vol. 39
On July 17, 2018, Japan signed an Economic Partnership Agreement ("Japan-EU EPA") with the European Union ("EU"). Once the Japan-EU EPA is implemented, 99 percent of EU custom duties and 94 percent of Japanese customs duties will be eliminated.
United States
9 Sep 2018
2
Act To Partially Amend The Consumer Contract Act Promulgated
On June 8, 2018, the Act to Partially Amend the Consumer Contract Act was enacted.
Japan
10 Aug 2018
3
TPP 11 Approved And Amendment Of The TPP Relevant Arrangement Act Enacted
The Comprehensive and Progressive Agreement for the Trans-Pacific Partnership was approved on June 13, 2018, and the Amendment of the TPP Relevant Arrangement Act was enacted on June 29, 2018...
Japan
10 Aug 2018
4
Legislation For The Promotion Of Work Style Reform Enacted
Legislation for the Promotion of Work Style Reform was enacted on June 29, 2018
Japan
10 Aug 2018
5
METI Issues Contract Guidance On Utilization Of AI And Data
On June 15, 2018, Japan's Ministry of Economy, Trade and Industry ("METI") issued the Contract Guidance on Utilization of AI and Data ("Guidance").
Japan
10 Aug 2018
6
Act to Partially Amend the Civil Code to Lower Age of Majority
The Act to Partially Amend the Civil Code ("Act") was enacted on June 13, 2018, and promulgated on June 20, 2018.
Japan
10 Aug 2018
7
Act on Special Measures for Productivity Improvement and Amendment to Industrial Competitiveness Enhancement Act Enacted
On May 16, 2018, the Act on Special Measures for Productivity Improvement and an Amendment to the Industrial Competitiveness Enhancement Act were enacted.
Japan
10 Aug 2018
8
Tokyo Stock Exchange Announces Revisions To Corporate Governance Code
The Revisions will inevitably affect corporate governance of listed companies and will, therefore, impact not only listed companies but also their investors.
Japan
7 Aug 2018
9
Cabinet Approves And Submits To The Diet A Proposal To Approve The TPP 11 And A Bill For Amendment Of The TPP Relevant Arrangement Act
Mexico has already completed its domestic legal procedure necessary to ratify the TPP 11.
Worldwide
30 May 2018
10
Cabinet Approves And Submits To The Diet A Bill For Legislation For The Promotion Of Work Style Reform
On April 6, 2018, the Japanese Cabinet approved and submitted to the Diet the Bill for Legislation for the Promotion of Work Style Reform.
Japan
30 May 2018
11
Japan To Implement Cabinet Order And Ministerial Ordinance On Invoice System
On October 1, 2023, an invoice system will be implemented to provide tax credits for consumption tax on purchases.
Japan
30 May 2018
12
JPO Launches Its Advisory Opinion System To Determine Standard-Essential Patents
However, it is not always easy for the parties to agree on whether a patent is a standard-essential patent or how to resolve disputes.
Japan
30 May 2018
13
Commencement Of Fast-Track Registrations Of Incorporation
From March 12, 2018, the Legal Affairs Bureau began the expedited processing of applications for registrations of incorporation of stock companies and limited liability companies.
Japan
11 Apr 2018
14
New Guidelines On Amended CFC Rules In Japan
On January 31, 2018, the National Tax Agency issued a brochure titled "Q&A Concerning CFC Rules as Amended by the 2017 Tax Reform," which provides questions and typical examples...
Japan
11 Apr 2018
15
Subcommittee Prepares Interim Proposal For Amendment To The Companies Act
On February 14, 2018, the Companies Act (in relation to Corporate Governance, etc.) Sub-Committee of the Legislative Council prepared an Interim Proposal for the Amendment...
Japan
11 Apr 2018
16
Japan Approves Final Set Of Power Market Reforms
On June 17, 2015, the Japanese Diet passed a bill amending the Electricity Business Act as the third and final stage of the electric power system reforms that began following the Great East Japan Earthquake of March 11, 2011.
Japan
20 Aug 2015
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