Hello, my name is Taisei Koshida, and I am a certified public accountant and licensed tax accountant in Japan.
I specialize in supporting non-Japanese business owners who need assistance with accounting and tax matters in Japan, especially those who face challenges with the Japanese language. If you find the Japanese tax system complex, I can help you handle your tax filings smoothly and correctly.
Planning to Start a Business in Japan?
If you are planning to establish a company in Japan, there are several important tax procedures you should complete early on. Missing these steps may result in higher taxes or lost benefits.
Below are three key tax points you should check:
1. Submit the Blue Form (Aoiro Shinkoku) Application
By submitting the Blue Form notification to the tax office, your company can receive several tax benefits, including:
・Carryforward of tax losses for up to 10 years
・Eligibility for accelerated depreciation
However, this application must be submitted within two months after the company is established.
If you would like more details, please refer to this article.
Blue-Form Tax Returns in Japan: Importance and Deadlines
2. Determine Director’s Compensation
You must determine the director’s compensation within three months after the company is established.
If this is not done properly, the company may not be able to deduct the compensation as an expense for tax purposes.
If you would like more details, please refer to this article.
Setting Director’s Compensation: A Key Step When Starting a Company in Japan
3. Decide Whether to Register as a Qualified Invoice Issuer
Under Japan’s invoice system (consumption tax system), you need to determine whether your company should register as a Qualified Invoice Issuer.
If you do not register:
・You may not be able to claim consumption tax refunds
・This is especially important if you:
・work with foreign clients
・make significant initial investments
If you would like more details, please refer to this article.
Should New Businesses in Japan Register for Consumption Tax?
Comprehensive Support for Foreign Business Owners in Japan
Our accounting and tax office has extensive experience supporting foreign entrepreneurs in Japan.
In addition to accounting and tax services, we can also support your business through our professional network in:
・Visa and immigration procedures
・Company registration
・Social insurance
・Legal matters
We also collaborate with specialists in:
・Web marketing
・Website development
・Business consulting tailored to the Japanese market
All services are provided in English.
If you are considering starting or expanding your business in Japan, please feel free to contact us through our inquiry form.