Seventh Sense Group

Akasaka 2-12-10

Tokyo, 107-0052

Monday to Friday

9:00 ~ 18:00

Seventh Sense Blog

Tax and Accounting resources to Establish and Expand your business in Japan

Income Tax – Insurance Deductions

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.

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Company types in Japan

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

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Deductible Entertainment Expenses

If your company is a small and medium sized company (paid-in capital is less than 100 million yen and no relations with Large entities), you

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Legal Record Total Table

Every company in Japan has a obligation to file Legal Record Total Table (法定調書合計表) by January 31st every year. According to the National Tax Agency

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Report of Assets and Liabilities

Every individual who has been living in Japan for more than 5 years in the last 10 years and if their foreign assets exceed 50

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