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Business Office Tax

Tanya Taseva August 9, 2024

What is “Business Office Tax” Business Office Tax is a local tax that is levied to businesses that meet certain criteria. Unlike other local taxes,

Dormant company

Tanya Taseva July 11, 2024

You can make your company dormant in Japan by submitting the form to the relevant authorities. As the company has no profits, there won’t be

Incorporation costs

Tanya Taseva June 28, 2024

What are “Incorporation costs” The costs you have paid for the incorporation process. These include: Incorporation costs, also known as start-up costs, organization cost as

Deductible Entertainment Expenses

Tanya Taseva June 14, 2024

If your company is a small and medium sized company (paid-in capital is less than 100 million yen and no relations with Large entities), you

Special Accommodation of 20% (Invoice System)

Tanya Taseva June 7, 2024

What it is Tax amount – The consumption tax payable becomes 20% of the consumption tax on your sales. In other words, your consumption tax

Tax Reduction 2024 in Japan

Tanya Taseva May 31, 2024

The Japanese government will introduce the Flat-rate Tax Reduction in June 2024. This tax cut is designed to reduce the tax burden on employees due

Purchase tax credits (Invoice System)

Tanya Taseva May 24, 2024

If you have a business in Japan, you are probably aware of the Japanese consumption tax. From 2024, Japan has introduced the Invoice System and

Company Formation from Sole-proprietorship (法人成り)

Tanya Taseva May 17, 2024

Normally, starting a new company means starting from scratch. However, if you already have a business as a sole-proprietor, you can transfer your assets (cash,

Interim Tax (Japanese taxes)

Tanya Taseva May 2, 2024

Interim tax In Japan, individuals who are required to file a tax return must do so by March 15th each year. When they file, if

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