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 can write off some portions of entertainment expenses as tax deductible expenses.
There are other exceptions as well regarding both the company size and type of entertainment expenses.
For more information, please reach out to us!
Unlike other countries, Japanese tax law allows us to deduct life insurance premiums, earthquake insurance premiums and some other insurance premiums from our taxable income.
According to Japanese Company Law, there are 4 types of company in Japan.1. Stock Company – 株式会社2. Limited Liability Company – 合同会社3. General Partnership Company
Company establishment and accounting can be complicated in Japan.
Don’t do yourself, we’re here to help.
Get in touch for a free consultation.
Established in 1984,
Seventh Sense Group offers full-service accounting services including tax compliance, bookkeeping, payroll, and company establishment.