Investing in Japan
Korean golf-wear company VL & CO establishes corporation in Osaka
Apr 25, 2017
VL & CO is a manufacturer and distributor of golf wear and casual wear, headquartered in Soul, Korea. The company is operating under the brand, “Louis Castel” at home and abroad, with four directly managed stores in the US, two in China, two in Taiwan and one in Vietnam.
VL & CO has already launched production using imported Japanese materials such as fabric and sub-material accessories. It aims to promptly adoptJapan's advanced functional fabric to differentiate itself from others and enhance its competitive edge. In order to take advantage of the accumulation of material manufacturers in Osaka and operate its own directly managed stores, the company established LOUIS CASTEL Japan Co., Ltd. in Osaka in September 2016.
For the establishment of VL & CO's subsidiary in Japan, theJETRO Invest Japan Business Support Center (IBSC) provided support including the lending of a temporary office in Osaka, consultation on business establishment procedures (company registration, visa, tax and labor matters), referral to service providers (judicial scriveners, administrative scriveners, accountants/tax accountants, financial institutions and real estate agencies), matching with candidate partner companies and referral to local governments and provision of information on the local incentives.