Tax and Accounting resources to Establish and Expand your business in Japan
Most employees in Japan do not have to handle their taxes, because their company reports to the tax office at the end of the calendar year. However, if you earn more than 20 million yen annually, you are required to file a tax return.
Filing tax returns is a major part of any company’s fiscal year.
Income earned from renting out property is taxed, but smart management can help reduce those taxes.
Labor Insurance is a blanket term for several categories of insurance.
Social insurance premiums are paid by insured employees as well as their employers.
Employee welfare is governed by law, and should be considered prior to paying salary to both employees and directors.
Get your company started on the right foot by submitting all necessary filings.
Companies paying salary have major obligations in December and January.
A major challenge for foreign businesses in Japan is opening a corporate bank account.
High net-worth individuals receive additional scrutiny from the tax office.
Established in 1984,
Seventh Sense Group offers full-service accounting services including tax compliance, bookkeeping, payroll, and company establishment.