1. Registration for Ownership and Colors
The application fee is JPY10,000 (about US$111) for Owner Registration (both Private and Company Owner applicants) and JPY3,000 (US$35) for Registration of Racing Colors. All funds required in this application process must be submitted in Japanese Yen.
*Further, the above fee is necessary only for the Owners making this registration for the first time after January 1, 1999. Once registered, this registration is valid throughout the period the Owner is registered as a JRA Owner, and the payment is necessary only once.
2. Owner Registration Tax
Accompanied with Owner Registration, JPY90,000 (US$1,000) must be paid to the Japanese Government in accordance with the Registration and License Tax Act. This amount must be remitted to the bank account designated by JRA.
3. Ownership Change
The Rules of Racing under which the JRA conducts Thoroughbred Racing only allows the name of ONE Owner per horse. In case of a change in the Ownership of a participating horse, the new and old Owner must report to the JRA as immediately as possible one Owner's name under which the horse is to be raced, accompanied by the documentary evidence such as an Ownership Registration Certificate issued by the horse racing authority of the country represented, or the sales contract. In a case where documentary proof of the change of Ownership is the sales contract, the new Owner must hold a current Ownership Registration with the horse racing authority of the country represented, or Ownership Registration with the JRA. After a horse is drawn into a race, there shall be no transfer nor assignment of any Ownership interest in such horse until after the race, or until such horse is scratched from the race, if sooner.
4. Declaration Fee
Declaration Fee must be remitted to the bank account designated by JRA. It will NOT be refunded after the horse is declared to run.
|For G1 races (excluding 2yo races) :||JPY||300,000|
G1 races (for 2yo) and
|G2 races (for 2yo), G3 races :||JPY||50,000|
|(1) Application Fee for Ownership||JPY||10,000|
|(2) Application Fee for Colors||JPY||3,000|
|(3) Owner Registration Tax||JPY||90,000|
|(4) Declaration Fee (for 3yo+ G1 races)||JPY||300,000|
*(1), (2), and (3) are necessary only for the Owners making registration for the first time after 1st January 1999. Once registered, this registration is valid throughout the period the Owner is registered as a JRA Owner, and the payment is necessary only once.
Payment of (1)~(4) must be remitted by noon, Friday, one week prior to the race day, Japanese time. Please be sure that payment is made in Japanese yen. All bank charges and commissions (including paying bank charges) are to be paid by the owner.
|The designated bank details are as follows:|
|Account Holder:||JAPAN RACING ASSOCIATION|
|Bank:|| The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Head Office, Tokyo, Japan
|Bank Address:||2-7-1 Marunouchi, Chiyoda-ku, Tokyo, Japan|
Please fill in the name of your horse and race on the message section of the application for foreign remittance transactions so that JRA can confirm from whom the bank transfer was sent.
* The currency exchange used in this book is US$1.00= JPY90.