Enactment Of Private Residence Lodging Business Act

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Jones Day
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Jones Day is a global law firm with more than 2,500 lawyers across five continents. The Firm is distinguished by a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
The Act will come into force no later than one year from the date of promulgation on a date to be specified by a Cabinet Order.
Japan Corporate/Commercial Law
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The "Private Residence Lodging Business Act" ("Act") was enacted on June 9, 2017, and promulgated on June 16, 2017. Given that the law related to Japan's private residence lodging business (that is, the home-sharing services business) has been unclear despite a sharp rise in demand for these services, the Act introduces, among other things, a notification requirement for home-sharing service operators and a registration requirement for intermediaries who engage in this business. In addition to existing operators of private residence lodging businesses, any company that plans to enter into the field should carefully review the Act's provisions. The Act will come into force no later than one year from the date of promulgation on a date to be specified by a Cabinet Order.

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Enactment Of Private Residence Lodging Business Act

Japan Corporate/Commercial Law
Contributor
Jones Day is a global law firm with more than 2,500 lawyers across five continents. The Firm is distinguished by a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
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