Japan company formation is sought-after by ambitious entrepreneurs as Japan boasts of being the third largest and the fourth largest economy in the world when it comes to nominal GDP and purchasing power parity respectively. In the years following World War II; government-industry cooperation, strong work ethic, mastery of high technology, and a comparatively small defence allocation helped Japan develop a technologically advanced economy. Japan is often ranked among the world’s most innovative countries leading several measures of global patent filings.