An is a type of
corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and r ...
which existed under
Japanese law
The law of Japan refers to legal system in Japan, which is primarily based on legal codes and statutes, with precedents also playing an important role. Japan has a civil law legal system with six legal codes, which were greatly influenced by Ger ...
from 2002 until 2008. It was superseded by the on December 1, 2008.
The intermediary corporation was designed to bridge the gap between
companies
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...
which work for profits and
NGO
A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in h ...
and other nonprofit organizations which work for public interest. Prior to the enforcement of the law on April 1, 2002, excepting the labor union whose establishing rules were regulated under specific laws, voluntary groups such as a condo association board and hobby club were operated under informal agreements and their assets were registered with one or more of group members. However, this meant that in the absence or negligence of the goodwill by the member registering assets, group's assets could be appropriated without becoming a criminal case. While they could be reclaimed through a civil suit, this does not resolve the problem of the ownership of assets. The intermediary corporation and its associated laws were designed to protect the group's assets while limiting the potential of lawsuits against individual members.
There were two types of intermediary corporations. were designed to resemble
yūgen kaisha (limited companies) in formation and function, while were closer to
gomei kaisha (general partnership corporations).
See also
*
Kabushiki kaisha
A or ''kabushiki kaisha'', commonly abbreviated K.K. or KK, is a type of defined under the Companies Act of Japan. The term is often translated as "stock company", "joint-stock company" or "stock corporation". The term ''kabushiki gaisha'' in ...
*
Godo kaisha
Godo may refer to several places:
*Several places in Boulkiemdé Province, Burkina Faso:
** Godo, Nanoro
** Godo, Pella
* Gōdo, Gifu
is a town located in Gifu, Japan. , the town had an estimated population of 19,361 and a population den ...
*
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 .
Types
There are three t ...
External links
* {{in lang, ja}
Ministry of Justice page on intermediary corporations
Japanese business law
Japanese business terms
Types of business entity
Corporations