The reason we are here for you. We propose professional services.
Based on Experiences
If you need a good accounting/audit service provider for a subsidiary or a brunch in Japan, the most important professional skills would be understandings for the industry and the experiences for various hurdles at the stage of growth. I have committed more than 130 corporations in M&A, internal control, and IPO consulting, and audit in various industry, like Bank, manufacturing, constructing, education, and IT.
If you hope better management for a subsidiary or a brunch in Japan, there would be needed some manners that meet Japanese Business environment. Especially for management of human resources. Not only IFRS, US-GAAP, and English. Deep and a lot of understandings for the industry and surrounding Japanese corporations. The member of your audit team of a famous big firm has those?
Meet Your Budget
Big firms propose expensive fee that includes their brand. I understand brand is sometimes important. However, if you truly need good services for a subsidiary or a branch in Japan continuously, reasonable fee would be better for you. We could propose it, because we do not cost on our branding.
This is a price list of our some popular services. We would be willing to prepare a quotation that meets your situation.
- For a Small Subsidiary in Japan
- Reasonable for a Small Entity
- Depends on the Entity Size
- Depends on the Business Complexity
- Issued Audit Report
- For a Small Subsidiary in Japan
- For branches in Japan
- For Statutory or Non-statutory
- As a Component Auditor
- In Accordance with ISA
- US-GAAP, IFRS, Japan-GAAP
- As a Profesional
- For Governance
- For Knowledge for the Industory
- As a Certified Public Accountant
- Support to Prepare F/S
- Support to Monthly Closing
- Prepare Your Tax Return
- Support Your Accounting Book
- Consult Tax Position
- Income Tax, Sales Tax, Local Tax
I would like to write about Japanese Tax, Audit and Quarterly Review, Internal Control, Management style, and Some Regulations. I here use my pics to show a beautiful Japan.
Start Your Business Simply Most people start their business as sole proprietors and run their business for some years. That is not a bad idea. Rather, that is still a good idea because you could start your business without paying the incorporation taxes and because you could complete your tax return by filing just your individual income tax return. You also could try your business without a large amount of initial investment. However, you need a company for your tax advantage when you get your business growing enough. I will explain here how and where you could get tax advantages in Japan tax practice. Those advantages are to; Make to[…]
1. What Is the Individual Residential Tax There would not be a residential tax in the US and the UK. Since the Council tax in the UK imposes a citizen based on the residence, the council tax is similar to Japanese real estate tax translated into fixed asset tax in official documents issued by local governments. Residential tax is sometimes called residence tax and translated into inhabitant tax officially in Japan. Here I use residential tax to explain it. 2. Calculation of the Individual Residential Tax Japanese individual residential tax consists of two components. One is calculated by individual taxable income, and the other one is a fixed amount of[…]
This is a general tax saving method in Japan but most Japanese employees could not use this method. This is the difference between expats in Japan and employees in Japanese companies. Japanese employees called Salary-man in Japanese are forbidden to work additionally even in their private time. Taxable incomes for individuals are classified into 10 taxable incomes. Here we talk about 2 of them, business income and Employment income. Business income is an income derived from your business like independent enterprises of commerce, industry, fisheries, agriculture, independent personal services, etc. You have to record your all transaction relating to your business on your accounting book. At the end of a[…]
You have to decide your company type stipulated by Japan’s Companies Act below. Stock corporation (Kabushiki-Kaisha (K.K.)) Limited liability company (Godo-Kaisha (G.K.)) Unlimited partnerships (Gomei-Kaisha) Limited partnerships (Goshi-Kaisha) Gomei-Kaisha and Goshi-Kaisha are rarely established in practice because even limited partners also have direct liability although these two types companies have legal entities. K.K. is the most popular company for business in Japan. You would be able to acquire good enough credit from transaction parties. On the other hand, G.K. is used for a super micro business, or for a just vehicle for tax saving. All types of subsidiary companies can be incorporated by completing the required procedures stipulated by law[…]
With respect to withholding at source for salary, to be paid on after January 1, 2016 or the year-end tax adjustment, You are required to submit the following documents in order to apply exemption for Abroad Dependents. 1. Applying for a Tax Exemption for Dependents If you have family supporting their life expense, you would be able to deduct some amount from your income on tax calculation. The new rule is for the exemption for dependents living abroad. Under income tax laws and regulations, the new rule has come into force since October 2015. Accordingly you are required to submit or present “Documents concerning relatives” and “Documents concerning remittances” for[…]
Even if you used your signature on your business in Japan, company’s seal impressions are needed in formal cases. There are generally 3 types of company’s seal impressions in Japan. I here explain them as follows. 3 Types Registered Seal Impression Seal Impression for Bank Squared Seal Impression A Registered Seal Impression This must be prepared, because this is used to identify your company in formal case. This is usually rounded and this has two words, one is your company name engraved around, and the other word is Representative engraved in the center of the seal impression. This is used for contracts. A Seal Impression for a Bank When you[…]
Globally, you use your signature to identify yourself on documents. In Japan, there are used seal impressions, called as “Hanko”, “Inkan” or “Jitsuin”, in order to identify yourself formally. Especially, the registered seal impression called as “Jitsuin” is formally identify you by the registration system by municipal offices in Japan. I here write about the rule for you to make your registered seal impression in Japan. Your Name on the Seal Impression The seal impression has to be made by your family name and first name, just by your family name, or just by your first name. That could not include your carrier, position, company, license, brand, and anything other[…]
If you are a blue filing taxpayer in Japan, you could deduct your payment to purchase an asset upto JPY 300,000. Now should you include sales tax called as a consumption tax in Japan, to the amount to determine the JPY 300,000 criterion. Or, when you are not a blue filing taxpayer, it is JPY 200,000 to judge deduction or depreciation. 1. First, You decide the accounting method on dealing with a consumption tax. There are two methods, one is to account all prices with a consumption tax included, and the other method is to account all prices without a consumption tax. Most self-employer business persons use the accounting method[…]
Professional for Japan Corporations and Economics
You could hire the professional for the field where you have the issue on your company. At that time you could save extra costs for brands like Big Four accounting firms. I work just with members who I had found talented during my Deloitte years, only when needed. Alliance with the talented professionals is my intangible asset.