Paperlogic > Introduction to Electronic Contract Features

This time, I will explain the "another preservation deadline" hidden behind the numbers of the Electronic Bookkeeping Act and the "technical lifespan" unique to electronic contracts. ---Content of the article-------------------------------- ■Differences in preservation periods for tax and legal purposes ■Contract cases that require long-term preservation of over 10 years 　●In the construction and building industry 　●In the manufacturing industry 　●In the case of ongoing long-term contracts ■Risks unique to electronic contracts: "Validity period of electronic signatures" ■Long-term preservation solutions (paperlogic) ■Summary: Building a long-term preservation system to protect corporate rights -------------------------------------------------------- The full text of the article can be accessed via the "related links."

We will explain the legal obligations of the "recipient side" of electronic contracts that cannot be ignored, the risks of "leaving it unattended" from tax and legal perspectives, and provide a practical storage manual that can be used immediately. ---Content of the article-------------------------------- [Part 1] ■ The biggest trap is thinking "it doesn't matter because our company hasn't implemented it." The obligation to store electronic records under the Electronic Bookkeeping Act applies 100% to the recipient side. ■ Is it legal to "leave it unattended" in the other party's system? Interpreting the latest views from the National Tax Agency. ■ The three major risks of "leaving it unattended" from the perspectives of legal affairs and internal controls. ■ What requirements must the recipient side meet? [Part 2] ■ A recap of the "two major requirements" of the Electronic Bookkeeping Act that the recipient side must meet. ■ Reducing the burden on the field! A specific storage and operation manual for the "recipient side." ■ The true solution is the integration and centralized management of "third-party system contracts." ■ Utilizing paperlogic for the "ultimate automation and centralized management." ■ Even as the "recipient side," it is necessary to maintain control over electronic transactions! -------------------------------------------------------- The full article can be accessed through the "related links."

The signing methods for electronic contracts (party type and witness type) are directly linked to the strength of their legal effectiveness. In this article, we will outline the reasons why the more stringent "party type" has been difficult to popularize until now. ---【Conclusion of this article】-------------------------------- • There are two signing methods for electronic contracts: "witness type" and "party type," which differ in the strictness of identity verification. • The main reasons why the party type has not spread are the three factors of "effort, cost, and the structural risk of entrusting a private key." • However, with the spread of public personal authentication (JPKI) using My Number cards, these three barriers are beginning to crumble. -------------------------------------------------------- The full text of the article can be accessed from the "Related Links."

In response to concerns about whether operations in the cloud and electronic contracts without seals have legal validity, this series will explain how to choose a signature method. As a prerequisite, this time we will organize the legal treatment of electronic contracts. (Note that the preservation rules under the Electronic Book Preservation Act are a separate topic.) ---【Conclusion of this article】-------------------------------- - Electronic contracts are validly established without a written document according to the principles of civil law. - The "paper" of a contract is not a requirement for the establishment of the contract but a practical measure to retain evidence of the contract. - However, there are exceptions where certain contracts require a written document as mandated by law. -------------------------------------------------------- The full text of the article can be accessed via the "Related Links."