Übersetzung ausstehend — englischer Originaltext wird angezeigt
Loan Agreement — Japan
| Governing law reference | Unfair Competition Prevention Act (Act No. 47 of 1993) |
| Local enforcement body | Ministry of Economy, Trade and Industry (METI) / civil and criminal courts |
| Average legal fee range | ¥30,000–¥80,000/hrpending legal review |
| Compliance requirement | Should clearly state the interest rate, repayment schedule, and default consequences, and comply with local usury limits. |
| Penalty for violation | Interest rates exceeding a jurisdiction's usury cap can render the excess interest unenforceable or void the loan.pending legal review |
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