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Partnership Agreement — Japan

Governing law referenceUnfair Competition Prevention Act (Act No. 47 of 1993)
Local enforcement bodyMinistry of Economy, Trade and Industry (METI) / civil and criminal courts
Average legal fee range¥30,000–¥80,000/hrpending legal review
Compliance requirementShould clearly define each partner's capital contribution, profit-sharing ratio, and decision-making authority.
Penalty for violationWithout a written agreement, many jurisdictions default to equal profit-sharing and joint liability regardless of actual contribution.pending legal review
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