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Mebuki Financial Group offers various types of trading accounts for investors, primarily categorized into general accounts and designated accounts. The General Account (一般口座) is the least regulated type, providing access to a broad range of products. However, investors are responsible for all tax calculations and declarations related to capital gains. On the other hand, Designated Accounts (特定口座) are more regulated and automate tax calculations. There are two subtypes of designated accounts: No-Withholding (源泉徴収なし) and Withholding (源泉徴収あり). The No-Withholding account calculates annual taxable gains/losses but requires the account holder to declare them, while the Withholding account automatically withholds tax on profits, making it unnecessary for the investor to declare income on their tax return.
Opening a brokerage account with Mebuki Financial Group involves several steps:
Choose Account Type: Decide whether to open a General Account or a Designated Account based on your investment needs.
Complete Application: Fill out the application form, which may require personal identification, tax information, and financial background.
Submit Documents: Provide necessary documentation, including a copy of your ID and proof of address.
Verification Process: The brokerage will review your application and documents. This process can vary in duration, but it typically takes a few hours to a couple of days.
Funding Your Account: Once approved, fund your account through bank transfer or other available methods.
Start Trading: After your account is funded, you can begin trading in various financial instruments offered by Mebuki Financial Group.
For more detailed information on specific requirements and features, you may refer to the official Mebuki Financial Group website or contact their customer service.
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