For companies that issue points when charging for game apps, etc., September 30th has arrived, which is the date for calculating the unused balance of prepaid payment instruments. If the unused balance of points (issued amount - collected amount) exceeds 10 million yen, you will need to submit a notification of the issuance of prepaid payment instruments to your local finance bureau. Our firm has a wealth of experience in the notification of the issuance of prepaid payment instruments (proprietary type). In addition to issuing notifications, we also prepare and submit business reports and change notifications, so please feel free to contact us for more information.
Issuing notification: 300,000 yen
Business report: 50,000 yen
Change notification: 50,000 yen to 70,000 yen
(excluding tax)
The fees may seem a little high, but there is a reason for this. As well as the obvious difficulty of collecting the necessary application documents, a lot of time and effort is required for communication with the Financial Services Agency. From the time of notification until the examination is complete, it generally takes between 6 and 9 months, and during this time you will need to be in frequent contact with the Financial Services Agency, and if you do this in-house, there is a risk that other work will be delayed. We hope that you will leave the troublesome things to the experts and focus on your day-to-day work.
Contact
OGAWA Administrative Law Firm (Gyoseishoshi) (The specialist is a former outside director of a listed company and a graduate of a US law school)
Phone: 090-7702-8565
Email: tomoharu_ogawa@adminlaws.com
LINE Account:
Introduction of Professional
Tomoharu OGAWA
Administrative Lawyer (Gyoseishoshi)
Work Experience:
October 2019: Established OGAWA Administrative Law Firm (Gyoseishoshi)
September 2016: Joined OPTIMUS GROUP Co., Ltd.
April 2008: Joined Sumitomo Real Estate Sales Co., Ltd.
EDUCATION:
Graduated from Temple University Law School, Beasley School of Law (August 2022)
Graduated from Keio University Faculty of Law (March 2008)
CREDENTIALS:
Administrative Lawyer (Gyoseishoshi)
TOEIC 950
Details of the publication notification
1. What is a prepaid payment instrument (proprietary type issuance)?
(1) The issuer issues gift certificates, prepaid cards, IC cards, points on apps, etc. (hereafter referred to as “issuance”),
(2) the customer pays the issuer in advance for the issuance,
(3) the customer uses the issuance, and
(4) the issuer provides its own goods or services
.
2. What is the balance of unused prepaid payment instruments as of the reference date?
(1) What is the reference date?
The reference date is March 31st and September 30th of each year.
(2) What is the balance of unused prepaid payment instruments as of the reference date?
This is the amount remaining after deducting the amount used by customers up to the reference date from the amount issued by the issuer of prepaid payment instruments up to the reference date.
3.
If the unused balance on the reference date in 2(2) exceeds 10 million yen, you must submit a notification of the issuance of prepaid payment instruments to the relevant Regional Finance Bureau within two months* of the reference date.
*
If the reference date is March 31, the submission deadline is May 31. If the reference date is September 30, the submission deadline is November 30.
*
4. Notification items and attached documents
When submitting a notification of the issuance of a proprietary type, prepare “Attachment Form No. 1” and submit it along with the attached documents.
(1) Notification Items
① Name, trade name or name and address
② For corporations, the amount of capital or investment capital
③ Name and location of the business office/office that issues prepaid payment instruments
④ For corporations, the name of the representative
⑤ Unused balance as of the base date
⑥Type, name, etc. of prepaid payment instruments
⑦Details of the business of issuing prepaid payment instruments
⑧If part of the business of issuing prepaid payment instruments is outsourced to a third party, details of the outsourcing, name and address of the outsourcing company
⑨Location and contact details of the business office or office that deals with complaints and consultations
⑩Name, location and relationship of closely related parties
⑪Type of other business being conducted
⑫Name of the certified funds settlement business association to be joined
(2) Attached documents
①For individuals, a certificate of residence
②For corporations, a copy of the articles of incorporation or a certificate of all historical matters
③For corporations, a certificate of residence for the representative
④For corporations, the most recent balance sheet and profit and loss statement
⑤For corporations with an accounting auditor, the most recent accounting audit report
⑥If part of the business of issuing prepaid payment instruments is outsourced to a third party, a copy of the service outsourcing contract
⑦If there are any closely related parties, a copy of the family register, shareholder register, securities report, or other documents proving the close relationship as stipulated in Article 3, Paragraph 1 of the Order
⑧Other documents containing information that may be of use
Details of the change notification
1. When there is a change in the notification details
If there is a change in the details of the notification of the issuance of prepaid payment instruments (proprietary issuance), a “Notification of Change” prepared using “Attachment Form No. 2” must be submitted without delay, along with the relevant section of the “Notification of Issuance” (for replacement by the Finance Bureau) after the change, using “Attachment Form No. 1”, along with the attached documents listed in 2. below. Note that if the notification of change is for a matter other than those listed in 2., the attached documents are not required.
2.
Matters subject to notification of change and attached documents
(1) Name, trade name or title
Attached documents: For corporations, a Certificate of Company Registration stating the matters pertaining to the change in question
2.
(2) Change in capital or amount of investment
Attached documents: A Certificate of Company Registration or other document stating the matters pertaining to the change in question
3.
(3) Establishment, change of location or abolition of a business office or office
Supporting documents: For corporations, a Certificate of Company Registration stating the details of the relevant change.
(4) Change of representative
Supporting documents: A Certificate of Company Registration stating the details of the new representative, and the representative's certificate of residence.
(5) Change of type, name and maximum amount of prepaid payment instruments
(6) If there is a set period or deadline for using prepaid payment instruments to pay for the purchase or rental of goods or the provision of services, or for requesting the provision of goods or services, the period or deadline
(7) Changes to the content and method of issuing prepaid payment instruments
(8) Changes to the location and contact details of the business office or office that responds to complaints or consultations from users regarding the issuance and use of prepaid payment instruments
(5) to (8) Attached documents: Documents describing the matters that are relevant to the changes in question
(9)
In the case of entrusting part of the business of issuing prepaid payment instruments to a third party, the details of the business in question and the name, trade name or address of the party to which the business is entrusted
Attached documents: Contract documents for the business in question
(10)
Changes in the close relationship with a closely related person or the close relationship with that person as prescribed in Article 3, Paragraph 1 of the Order
Supporting documents: A copy of the family register, shareholder register, securities report, or other document proving the close relationship prescribed in Article 3, Paragraph 1 of the Order after the change
(11) Changes to other businesses
Supporting documents: A Certificate of Company Registration or other document stating the details of the change
(12) Joining or leaving an accredited funds settlement business association
Supporting documents: A document confirming the fact that the applicant has joined or left an accredited funds settlement business association
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