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Common Mistake: Foreigners Often Believe Only Domestic Income is Taxed in Japan

Common Mistake: Foreigners Often Believe Only Domestic Income is Taxed in Japan

by Aki Kojima | Sep 12, 2024 | Individual & Freelancers

Non-Permanent Residents: Income Earned in Japan or Remitted from Abroad One of the most common misconceptions among foreigners living in Japan is that they are only taxed on income earned within Japan. However, for non-permanent residents, Japan’s tax system can apply...
Blue Return System for Businesses in Japan: Essential Idea to Save Income Tax & Resident Tax

Blue Return System for Businesses in Japan: Essential Idea to Save Income Tax & Resident Tax

by Aki Kojima | Sep 3, 2024 | Individual & Freelancers

Watch the related video on YouTube. Overview of the Blue Return System Definition and Importance The Blue Return System, or Aoiro Shinkoku(青色申告) in Japanese, is a crucial tool for self-employed individuals and freelancers in Japan. It helps manage taxes wisely and...
Top 15 Tax Tips Every Self-Employed Person Should Know by Certified Tax Accountant

Top 15 Tax Tips Every Self-Employed Person Should Know by Certified Tax Accountant

by Aki Kojima | Jul 19, 2024 | Individual & Freelancers

Here is a summary of tax-saving measures for self-employed individuals from the viewpoints of the tax accountant for self-employed. Please review these measures to confirm your potential tax savings. Apply the Special Deduction for Blue Returns | The tax accountant...
J-League Additional Tax: Understanding Taxation in Japan for Non-Resident

J-League Additional Tax: Understanding Taxation in Japan for Non-Resident

by Aki Kojima | May 8, 2024 | Individual & Freelancers

Welcome to this detailed exploration of the intricacies of taxation in Japan, especially relevant to non-residents such as foreign J-League players. The focus here is on the critical differences in tax treatment between residents and non-residents, which can...

How to record Sales in US Dollars at Japanese Bookkeeping Yen

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

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...
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