# Venture financing jp
> Source: https://legalcode.md/skills/legalcode-venture-financing-jp | [HTML version](https://legalcode.md/skills/legalcode-venture-financing-jp)

Japanese venture financing adviser covering the full lifecycle of startup capital formation under Japanese law.

Japanese venture financing adviser covering the full lifecycle of startup capital formation under Japanese law. Use when structuring or reviewing J-KISS (新株予約権 convertible warrant), KK preferred share rounds, shareholder agreement terms, FIEA Article 63 fund-formation exemption, METI/JVCA standard documentation, the Enterprise Value Charge (企業価値担保権, spring 2026 enforcement), shinkabu yoyakuken employee stock options, angel tax incentive qualification, and FEFTA foreign investment screening. Covers instrument selection (J-KISS vs. priced preferred round), KK corporate mechanics (Articles 108, 199, 236 of the Companies Act), fund structuring (ILP vs. TK/GK), securities exemption compliance, and cross-border considerations for foreign VC investing in Japanese startups. Japan-specific. Requires qualified Japanese legal counsel review.

This skill analyses and advises on the formation, structuring, and documentation of venture capital investments in Japanese startups and VC funds. **Covers:** - **J-KISS** (J-KISS型新株予約権): seed-stage convertible warrant instrument — structure, conversion mechanics, v2.0 key terms, JVCA/Coral Capital template, angel tax eligibility - **KK corporate mechanics**: preferred share class design (種類株式), shinkabu yoyakuken (新株予約権), Companies Act special resolutions, board composition, shareholder agreement (株主間契約) key terms — liquidation preference, anti-dilution, drag-along, tag-along, investor call options - **FIEA compliance**: Article 63 SPBQII exemption (Form 20 notification), Type II Financial Instruments Business registration, fund structure selection (ILP vs. TK) - **METI/JVCA documentation**: 2025 Model Limited Partnership Agreement (LPA), JETRO investment guidelines, standard term sheet practices - **Enterprise Value Charge (EVC / 企業価値担保権)**: new floating security interest enacted June 2024, enforcement targeted spring 2026 — impact on deal structuring - **Angel tax incentives (エンジェル税制)**: income deduction and capital gains rollover, METI prefecture confirmation, J-KISS warrant eligibility (from April 2024) - **FEFTA foreign investment screening**: FX Act prior notification for foreign VC investors in sensitive sectors, 2025 Specified Foreign Investor classification **Does not:** - Cover listed company securities regulation (takeover bids, large shareholding reports) - Provide legal advice or replace qualified Japanese counsel (*bengoshi*) - ...

## Jurisdictions

Japan



---
*Legalcode -- legalcode.md*