Ability to forward your net loss forward and offset profits is one of the benefits of being a blue tax filer.
You can apply for up to 3 years if you are an individual blue tax filer and if it is a corporation blue tax filer, it can carry forward for up to 10 years.
For more details about the blue tax filer, please reach out to us at Seventh Sense Group!
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.