Understanding Japanese Consumption Tax for Foreign Businesses in 2024

by Aki Kojima | Nov 29, 2024 | Individual & Freelancers, Corporations

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...

Your Trusted Tax Accountant in Japan | Expert Services for Expats and Businesses in Osaka, Japan

by Aki Kojima | Nov 26, 2024 | Individual & Freelancers

Osaka is a vibrant hub for international businesses and expats, making it essential to have a trusted tax professional who understands local and global financial landscapes. Whether you’re a foreign company setting up operations in Osaka or an individual...

Understanding RSUs and Income Tax Returns in Japan | Tax Guide

by Aki Kojima | Nov 23, 2024 | Individual & Freelancers

In today’s globalized economy, many employees receive compensation as Restricted Stock Units (RSUs), which can significantly impact their tax obligations. Understanding how RSUs are treated under Japan’s tax system is crucial for individuals navigating...

Prime Minister Shigeru Ishiba’s Impact on Japan’s Tax System

by Aki Kojima | Oct 16, 2024 | Individual & Freelancers, Corporations

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”...

Must for Self-Employed who cannot use credit cards! Debit Cards for Smart Bookkeeping

by Aki Kojima | Oct 11, 2024 | Individual & Freelancers

Credit vs. debit cards: which is suitable for you? Credit and debit cards are both convenient tools for payment, but they work very differently. Credit CardDebit CardCharacteristic of fundsborrowInstant debit from your bank accountProcessRequires ExaminationTied to a...

Am I Exempt from Income Tax If I Work on a Working Prohibited Visa? Or Will I Face Penalties?

by Aki Kojima | Oct 9, 2024 | Individual & Freelancers

What Is a Work-Prohibited Visa? Why Is Employment Restricted? A work-prohibited visa is a status of residence that does not permit work in Japan. This includes tourist visas and temporary visitor visas. These visas prohibit work activities in Japan. In Japan,...