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GK was created based on the limited liability company (LLC) in the U.S., and often used when the member(s) prefer to save the initial cost of formation of a company. Compared with Kabushiki Kaisha (KK), LLC has no obligation to publicize its B/S, and can make their Articles of Incorporation more freely (ex. a company can make the term of office of directors indefinite, while the term at Kabushiki Kaisha should be one to ten years).
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Copyright(C)2004-2009 Tadashi Ando. All Rights Reserved.
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