That leaves a solid 6 percent profit on the table. If anyone who has a Japanese bank account would like to team up to make this happen, let me know. I have bots which can do the trades efficiently and high volume mtgox and bitstamp accounts (= lowest fee tiers). I also have access to enough capital to make it worth while. Only thing I don't have is a Japanese bank account in the hands of someone I trust. Or do it yourself, I will applaud you and help in any way I can. I agree with joesmoe2012, this needs to be done for the good of the whole system.
That person will become a money transmitter immediately and after successful transfer of some couple of millions out of nowhere I bet he will have some serious paper work to attend to.
not exactly, it depends.
the company needs to be set up in a way where the owner(s) of the company capitalize the company with the funds used for trading, and the profits are distributed as a dividend to shareholder. when there is no more funds, the company is dissolved and the trading funds are sent back to investors.
Re: money transmitter: no.
Re: doing it all cleanly as prophetx describes, yes.