Led by former Clover CEO Atsushi Inaba, the studio's opening has been confirmed via its company website.
The studio's key personnel also includes Okami, Viewtiful Joe, Resident Evil 2 and Devil May Cry creator Hideki Kimaya.
Composers, character designers and artists from those games (and other Clover title God Hand and other Capcom games) have also taken a number of other roles at the 51-strong studio.
Clover was founded in June 2004 with a remit to produce new, creative titles for funder and founder Capcom - but the company board voted in October 2006 to have the studio dissolved by March this year.
There is no word as yet on what the team's first production may be - or if the company will have maintained any relationships with Capcom as it transitions to a brand new independent company.