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New Visa Established: Allow teleworkers outside Japan to stay in Japan for a short period of time.

by Aki Kojima | Mar 26, 2024 | Individual & Freelancers, Companies

I am teleworking from country A outside Japan to country B outside Japan. Can I stay in Japan? In March 2024, there is a move in Japan to approve a “Designated Activities” visa for digital nomads (people who work in IT-related fields while moving across...

Taxpayers in Japan Tax Deductions for Family Living Abroad

by Aki Kojima | Jan 11, 2024 | Individual & Freelancers, Companies

Today, I’m excited to share a valuable system that can help reduce your Japanese income tax when you send money to your family living abroad. This includes grandparents, children, or other relatives. Many worry about balancing family financial support with their...

FY2024 Tax Reform Proposals in Japan [For a General Audience]

by Aki Kojima | Dec 15, 2024 | Individual & Freelancers, Companies

For the general audiences who are not tax specialists, here is a summary of the FY2024 Tax Reform Proposals in Japan issued on Dec 14, 2024. It shows planned revisions to tax laws administered by the LDP and the Kōmeitō.This portion of the policy is for changes to the...
Nerima 37million additional tax? Understanding Withholding Tax

Nerima 37million additional tax? Understanding Withholding Tax

by Aki Kojima | Nov 22, 2024 | Companies

Recently, Nerima Ward, Tokyo, Japan, faced a reassessment, resulting in approximately 37 million yen in additional taxes. Various opinions have surfaced regarding the burden on public officials, with some expressing concerns about the heavy load while others deem it...

How to record Sales in US Dollars at Japanese Bookkeeping Yen

by Aki Kojima | Oct 21, 2024 | Individual & Freelancers, Companies

Providing goods and services to foreign countries has become common in recent years.This article will summarize Japanese bookkeeping basics when providing services to foreign countries. Make a Record when you sell You record sales on the date the goods or services are...

How to write INVOICE without Invoice Number to place Shouhizei for Sole Proprietor or Corporation

by Aki Kojima | Oct 12, 2024 | Individual & Freelancers, Companies

The Qualified Invoice System [invoice Seido] started in October 2023. There has been a lot of fuss in various places, but to reduce the impact of the invoice system, there is a transitional measure that allows an 8% deduction on the purchase side, even though the...
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