Why You Need One
A Japanese corporate account is mandatory for payroll, supplier payments, and compliance with tax authorities.
Required Documents
- Company registration certificate
- Representative’s ID
- Articles of Incorporation
- Seal (inkan) certificate
Major Banks for Business
- Mitsubishi UFJ (MUFG)
- Mizuho Bank
- Sumitomo Mitsui (SMBC)
- Online banks like GMO Aozora for startups
Step-by-Step Application
- Choose your bank
- Submit documents
- Attend verification meeting (some require in-person)
- Wait for account activation
Common Challenges
Foreign-owned companies may face extra scrutiny. Having a physical office and a local director helps.
After Opening
Update your company’s tax registration and notify business partners of the new bank details.
Internal Link Suggestions:
- Link to Blog #3 (“Entity Registration in Japan”) for prerequisites.
M
Written by
Mei Nakamura
Director, Japan Strategy · Deebo Tokyo
Deebo is an international expansion and cross-border ecommerce agency, headquartered in Tokyo, working with foreign brands across Japan, APAC, and 40+ markets worldwide.