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'''Go-shi Gaisha''' {{nihongo||合資会社}} is a [[Japan]]ese concept of a "unlimited liability" company, but the structure is like as the [[limited partnership]]. Unlike the other business types (yugen-gaisha and kabushiki gaisha) there is no limit on what a company is legally responsible for. Consequently, under the Japanese system this also means there is a nominal "start up fee" (shihonken) for this type of business. There is, however a stigma attached to this type of business, as it is often seen in the Japanese business world as a "second class" business not worthy of trust or credibility. As such, many policies are in place to exclude these companies from operating as usual. For example these companies can not register ".co.jp" domains as a yugen-gaisha and kabushiki gaisha can.
'''Go-shi Gaisha''' {{nihongo||合資会社}} is a [[Japan]]ese concept of a "unlimited liability" company, but the structure is like as the [[limited partnership]]. Unlike the other business types (yugen-gaisha and kabushiki gaisha) there is no limit on what a company is legally responsible for. Consequently, under the Japanese system this also means there is a nominal "start up fee" (shihonken) for this type of business. There is, however a stigma attached to this type of business, as it is often seen in the Japanese business world as a "second class" business not worthy of trust or credibility. As such, many policies are in place to exclude these companies from operating as usual. For example these companies can not register ".co.jp" domains as a [[yūgen gaisha]] and [[kabushiki gaisha]] can.


==Structure==
==Structure==

Revision as of 23:12, 21 May 2012

Go-shi Gaisha (合資会社) is a Japanese concept of a "unlimited liability" company, but the structure is like as the limited partnership. Unlike the other business types (yugen-gaisha and kabushiki gaisha) there is no limit on what a company is legally responsible for. Consequently, under the Japanese system this also means there is a nominal "start up fee" (shihonken) for this type of business. There is, however a stigma attached to this type of business, as it is often seen in the Japanese business world as a "second class" business not worthy of trust or credibility. As such, many policies are in place to exclude these companies from operating as usual. For example these companies can not register ".co.jp" domains as a yūgen gaisha and kabushiki gaisha can.

Structure

In a Go-shi Gaisha, partners are divided into two categories: 1) general partners who have unlimited liability similar to a partner in a general partnership and 2) limited partners who have limited liability only up to the amount he invested in the partnership (limited partner). But all partners are still directly liable to creditors of the partnership, and thus, partners can still be sued individually (direct liability).