Japan’s consumption tax system is critical to doing business there, especially for foreign companies looking to expand their operations here. As of 2024, the Japanese consumption tax applies to a wide range of goods and services, with a standard rate of 10% and...
Are you wondering how the tax and economic policies of the newly elected Liberal Democratic Party(LDP) leader, Shigeru Ishiba, will affect the Japanese economy? The YouTube video, the “Shigeru Ishiba’s Surprising Stance on Corporate Taxes Revealed”...
Having a quick and easy contact point for tax and accounting concerns is reassuring. Therefore, I would like to introduce the “Tax Accountant Hotline”. Clients who signed an advisory contract with me can quickly consult me on LINE or WhatsApp. Hotline for...
Preparing books of account in English may seem convenient for self-employed foreign companies operating in Japan and primarily using English. However, several important points must be considered when filing taxes and performing day-to-day accounting tasks. This...
Structuring without input First, aim to create a system that does not require input. Instead of manually entering piles of paper receipts and invoices, digital data is increasingly being directly reflected in accounting systems. For example, an application that allows...
Consumption tax refunds, such as those facilitated by VAT BACK services, offer significant financial relief to businesses but also come under scrutiny by tax authorities. In this article, I’ll explore the refund system, its risks, and why following correct procedures...
