More than three years have passed since a new system for public service incorporated bodies (PSIBs) went into force. Under the new system, traditional incorporated bodies and foundations are called on to finish procedures to become new incorporated bodies for public services by Nov. 30, 2013. It is hoped that as many organizations as possible will become new PSIBs because doing so will attract larger donations, thus enabling them to expand the scope of activities.
The original system of incorporated bodies for public services was established in 1896. Discussions to reform it began in 2001 and the new system was established in December 2008.
PSIBs are now divided into two categories: ordinary incorporated bodies and foundations that can be set up just by registering with district legal affairs bureau, and PSIBs whose establishment must be initially approved by committees composed of experts.
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