If you’re a tax resident of Japan, and you have a source of income that’s taxable both in Japan and overseas, you might be eligible for a foreign tax credit to avoid double taxation.
Eligibility depends on your individual circumstances, such as tax residency, where the income was earned, what type of income, and how the payment was treated. For the preparation and filing of your tax return, please feel free to contact 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.