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Fund Expenses: Differentiating Approaches To Expenses For Japan PE/VC Funds
Japan's Ministry of Economy, Trade and Industry revised the Japan model limited partnership agreement in June 2025, expanding fund expense provisions to align with global standards. As international capital flows into Japan's PE and VC markets, fund managers face growing pressure to adopt robust expense allocation policies and procedures to meet LP expectations and avoid regulatory violations.
Japan Finance
SA
Skadden, Arps, Slate, Meagher & Flom (UK) LLP
Article
New Rules Reshape Business Entry Into Japan
Japan's business manager visa requirements have undergone a dramatic transformation since October 2025, raising the bar for foreign entrepreneurs seeking to establish operations in the country. What was once a relatively straightforward process requiring JPY 5 million in capital or two employees now demands JPY 30 million in paid-in capital, specific employee qualifications, Japanese language proficiency, and professional business plan review.
Japan Immigration
GGI Global Alliance
Article
Amendments To The Act On The Protection Of Personal Information Promulgated
Japan has enacted sweeping amendments to its Act on the Protection of Personal Information, introducing an administrative surcharge regime with monetary penalties for data protection violations, new protections for children under 16 and biometric data, and expanded exceptions for data utilization in statistical analysis and AI development. The reforms, which take effect in stages through 2028, fundamentally reshape Japan's privacy enforcement landscape by granting the Personal Information Protection Commiss
Japan Privacy
AO
A&O Shearman
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