Japan Political and Legal

Japan

Political and Legal

By Luke Pont

Japan and Australia Relationship

Stable & healthy

Steadily deepening, mutually complementary economic ties, particularly in the areas of trade and investment

Political HistoryNew constitution in 1947

Intention to form a western-style liberal democracy

Renounce war as a sovereign right

Political Profile

Constitutional Monarchy

Liberal Democratic PartyPaired with Komeito Party

326 seats House of Representatives

123 seats House of Councillors

Single Party Dominant Government

Japan-Australia Economic Partnership Agreement (JAEPA)8th of July Japan and Australia came to an agreement on JAEPAEntered into force on the 15th of January 2015

Removes any previous trade barriers

'97 per cent of Australia's exports to Japan will receive preferential access or enter dutyfree

Legal SystemCivil LawJudges are more involvedInvestigate fact and examine witnesses

Intellectual Property (IP) LawJapan Patent Office (JPO)

Trade Mark

Patent

Design

Business Start-upJapan External Trade Organisation (JETRO)Incorporating your businessVisas and status of residenceTaxes in JapanHuman Resource ManagementTrademark and Design Protection Systems

Corrupt PracticesRanked 17th least corrupt country

4th least likely to pay bribes overseas

However Japan has a corrupt political history

Thought tighter restrictions have been placed on its political officials and business owners

ConclusionIs Japan an attractive political-legal environment for NEXTDC?