If your company has decided to set up a director’s bonus, the tax office can be notified within one month after the shareholder’s meeting.
However, for newly established companies the grace period is 2 months after the establishment.
Please note that this also shortens the notification period for the director’s salary.
If you would like to learn more, please reach out to us through our website, by phone, or any of our social media platforms.
Before the 2022 tax reform, a business who wants to apply the Electronic Book Preservation act had to obtain approval from the local tax office.
Last week, we talked about the foreign dependent deduction a little bit. Now let’s see what kind of documents are needed when claiming this deduction.
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.