Seventh Sense Group

Akasaka 2-12-10

Tokyo, 107-0052

Monday to Friday

9:00 ~ 18:00

Incorporation costs

Want to know more about the taxes in Japan for your business? Check out our video and get in touch with us at Seventh Sense Group!

What are “Incorporation costs”

The costs you have paid for the incorporation process.

These include:

  • Legal fees (judicial scriveners’ fee for registration and documentation)
  • Advertising fee
  • Rental fee of the meeting place to incorporate the company
  • Stamp tax
  • License payment, etc.

Incorporation costs, also known as start-up costs, organization cost as well.

Tax treatment in Japan

In Japan, incorporation costs are classified as deferred assets to be amortized in the future.

There is no useful life or deadline for amortization, and it is optional when to expense them.

Caution

Please note that receipts or evidence are required for each expense.

Also please be careful with the timing of these costs, as sometimes they could not be recorded if the expense occurred too long ago.

For more information, please feel free to contact us at Seventh Sense Group!

This information is for general informational purposes only and should not be considered as professional advice. Please consult with a qualified professional for any specific questions you may have.

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