Legal & Compliance
かいしゃ会社ほう法
Companies Act
Definition
The Companies Act (Kaisha-hō) governs the establishment, organization, operation, and management of stock companies, LLCs, limited partnerships, and general partnerships. Enacted in 2006, it consolidated company-related provisions from the former Commercial Code. It establishes rules for articles of incorporation, shareholders' meetings, boards of directors, and more.
Examples
会社法に基づき、株式会社は毎年定時株主総会を開催する義務があります。
Under the Companies Act (会社法), stock companies are required to hold an annual general shareholders' meeting.