Contents of the File The PDF file of Company Types in Japan explains the keys where you determine which company type is suitable for your business. That includes as follows: 1 Japan Companies Act 1.1 Four Forms of Companies 1.2 All Needs to File a Tax Return 2 Which Company Type You Should Select 2.1 Capital Amount 2.2 Number of Board Members 2.3 Reasonable Choice To Download
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[…]
If you sale your products or provide your service in Japan, do you have to pay Japan tax? This depends on your type of taxpayer on Japan Tax Laws. As I briefly write about taxpayer type before, if you are classified to a resident or a non-permanent resident, you have to pay the tax for income generated in Japan. 1. Under What situation Would You Be Taxed in Japan? So, if you sales your products into Japan through internet at your e-shop from US or Europe, or if you have a couple of business in some countries including Japan and provide your service in Japan just during your temporary stay[…]
1. Japanese Consumer Culture 1.1. background I think that you have heard of Japanese Consumer Mindset, that is different from Western and U.S.’s one. Egalitarian vs Individualistic, In-group oriented vs Out-group oriented, Risk averse vs Risk taker, High context culture vs Low context culture, Mono-cultural vs Heterogeneous. Japanese consumers have high expectation for quality, and Many Japanese consumer consider that high quality is responsibility of producers. It is not a particular attitude that consumers expects high quality for the products they purchases or hope to purchase. However, Japanese consumers’ expectation would look different from Western and U.S.’s one. I think that stems from the difference between Japanese perspective to self-responsibility[…]
Japan Income Tax Act classifies individual taxpayers as following three types. Resident Nonresident Non-permanent Resident 1. Resident Resident is an individual who has a domicile or has had a residence continuously for one year or more in Japan. Residents are composed of both permanent residents and non-permanent residents. 2. Nonresident Nonresident is just defined as an individual who is not a resident. 3. Non-permanent Resident Non-permanent resident is a resident who does not have Japanese nationality and who has had a domicile or a residence in Japan for not more than five years in total within the past ten years. When your taxpayer type is determined, some situations are considered.[…]