From October 2023, the invoice system for consumption tax will be introduced in Japan. １．Registration as a ‘Qualified Invoice System’ for existing taxable enterprises (obtaining a VAT number)In order to deduct Input VAT, you have to register as a ‘Qualified Invoice System’; the deadline is the end of 2023/3. Non-resident Japanese individual enterprises and corporations wishing to deduct Input VAT must register. If a non-taxable enterprise registers, it can deduct Input VAT but must file a consumption tax return. Contact ⇒
US Re-export Control is Tightening.① EAR Compliance ② ECCN Classification ③ Customer Screening⇒ Then, you can determine requirement of export license or license exceptionViolation may result fines, imprisonment, and/or trading restriction of US goods. Organize reliable exporting system → Security Trade ControlClassification of export items, Customer screening, Staff training Contact ⇒
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The Foreign Exchange and Foreign Trade Act controls exports of arms and military-usable goods and technology to prevent them from passing to states, terrorists, or other parties that may threaten the security of Japan or the international community (security trade control). Violations of these export laws and regulations are very severely penalized as unauthorized exports. It is very severe, and in some cases, you may even be sent to prosecution. We will help you establish a right legal system for determining the applicability of your products, screening demanders, and requiring export licenses.This system will prevent you from being subject to post-export inspections by the customs authorities or pointed out by the Ministry of Economy, Trade, and Industry (METI).Our certified security trade control expert with technical backgrounds and experts in The Foreign Exchange and Foreign Trade Act and the Customs Act provide comprehensive backup. Click here to contact us ⇒.
We interviewed Mr. Shibata, Head partner about the firm and himself. Specialized in international taxation, trade & customs and international business TradeTax International Tax & Accounting Office, with offices in Tokyo and Osaka, have specialized in Trade (trade & customs, Japan/Asia Investment and business). With the Asian economy in the spotlight, we provide tax and business support to foreign companies using Japan, Singapore, Hong Kong China as their Asian hubs. In addition to regular accounting and tax services, we also provide support for companies considering listing on the stock exchanges of Tokyo, Nagoya, Sapporo, and Fukuoka in Japan. TradeTax is a member of the Bansei Securities Group, and our new job is to connect finance and real demand such as international transactions. Reorganization through base transfers within Asia, successful exits, and security trade control compliance linked to Europe and the U.S. are also emerging in new business areas. Extensive business experience and network For business owners who are considering investing in Japan/Asia business Japan/Asia is difficult to understand, with a different language and culture from the West. Expatriates of foreign companies in Japan tell us that they have no idea about taxes and laws, and they do not know where […]
We provide Logistics M&A and International Tax & Legal, also provide tax and regal support for customs brokers, depots, and other companies that have been restructured through M&A.
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If you are interested in < Customs Tariff schedules of Japan 2020> like the following,please contact us ⇒here.We will send you a tariff code list for free.
For those in Hong Kong/Taiwan, why not buy Japanese real estate to diversify your assets?The center of Japan’s major cities, even with used properties the value will not decrease over time, and it will sell quickly. Also, if you are renting it, you can take depreciation on it.After its useful life is over, it’s the same as getting real estate for free. We can help you set up, lease, operate and exit with the asset management company.Schemes that do not pay consumption tax are also possible.And the best point is that you can get a management visa, so you can reside in Japan at any time. Please contact us ⇒ Clikc
HS code advantageous change based on customs law theory.Operating profit increase by the change of customs duty / import VAT /consumption tax. ⇒ We will support a workable plan Please contact us. ⇒ Click
An international servicer company in Japan (hereinafter called “ISC”) is rendering service for its foreign parent company. In the Consumption Tax Law of Japan, it is regarded that ISC is exporting service. Accordingly, the full amount of 10% consumption tax (the tax rate is as of June 30,2020 and is expected to go up more in the future) is refunded to ISC at the end of the fiscal year, under the procedure and filing of international tax attorney and accountant. Based on the interpretation as being a service version of export tax exemption. It brings about a result that is identical to favorable turn of the operating profit ratio by 10%. If you would like to know more about the content,Please contact us. ⇒Click