1. What Is SUTEIN?
It is a well-known practice that name seals
are used in Japan to show ones’ wills in documents like contracts or
applications. “SUTEIN” is an additional seal that one is required to put on such
documents to show his/her prior-consent to future possible corrections of the
documents.
2. How SUTEIN Works
It often happens that some parts of a
contract or an application are found to be corrected after you have put your
name seal on it and handed it to the other party. In such a case, if there is
“SUTEIN” on it, an extra name seal of yours, the other party doesn’t have to send it back to you, because “SUTEIN”
allows him/her to correct it by him/herself only with your oral approval.
3. A Very Unique Japanese Business Practice
This practice has come from the people’s
need to save time of submitting the documents again and from our general perception
that everyone is naturally trusted. It is, however, a very ambiguous practice
for non-Japanese people. A correction done by the other party based on your
oral approval? Who assures whether he/she has rectified it correctly? What
happens if he/she intentionally adjusts the documents without obtaining your approval?
So, I think “SUTEIN” is very Japanese.
written by YAMAMOTO CPA OFFICE https://www.accounting-solutions-japan.tokyo/en-home
written by YAMAMOTO CPA OFFICE https://www.accounting-solutions-japan.tokyo/en-home
