Fixed Asset Tax Return also known as Depreciable asset tax return (償却資産申告）is one of tax returns that you should not forget.
Its deadline is 31st of January, every year and the tax rate is 1.4%.
If you don’t own any depreciable assets, it must be filed as noting “do not own applicable asset”.
For more information about a fixed asset tax return, please reach out to us for free consultation!
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.