Tax Preparation

SANSEI provides tax services conforming to client needs. We offer Japan expertise in business regulation, corporate tax, consumption tax, corporate restructuring and financials tax, M&A, personal tax, property and inheritance, and public service. We also offer tax experience in Western and Asian countries.

Tax Consultation for Corporations

In Japan, tax filings show the extent of taxable income in a business year. Therewith, the amount of tax to be paid is recorded and reported in official documents. The tax statements are created based on the company statement of accounts and then submitted.

SANSEI provides consultation to corporate clients for maximizing Japan tax positions, as well as for maximizing global tax positions in respect to Japan. We are consulted on corporate tax positions relative to the direction of the Japan company, consumption tax issues, capitalization, profit and loss reporting, intercompany loans, repatriation, compliance, incorporation of new establishments, company closures and dissolution, and other. Our tax expertise is regularly called upon by the largest law firms in Japan.

We also handle Japan tax inspections. These tax office inspections are conducted to confirm whether the declared taxable amount is proper for corporate tax, consumption tax, or income tax. Such occasional tax inspections will need to be looked upon as unavoidable. In the case of tax inspection, SANSEI staff who are former tax inspectors will analyze the client books in advance, and then attend the tax inspection processes.

Tax Agency

Foreign capitalized companies may not have assigned an agent in Japan to represent the company in the management of tax affairs. In such instances, SANSEI can be assigned and prepare the application as the tax agent. As the proxy for the client head office, the tax agent has an important legal presence with the full responsibility for filing applications, monetary tax exchanges, and preservation of documents and records. In fact, even if a notice of dismissal is at any time submitted for the tax agent, that will not produce an exemption for him or her from obligations for any exchanges of past taxes he or she oversaw, or from obligations to join and permit tax inspection for the application period(s) corresponding to his or her assignment.

Corporate Tax Services · Japan

SANSEI files corporate tax returns at all levels. Taxes in Japan are levied by the national government, prefectural governments, and municipal authorities. We help corporate clients coordinate accounting and administrative systems for optimal tax planning in Japan, as well as globally in respect to Japan. The client realizes maximized benefits, greater accuracy, and minimized daily processing. The main taxes applied under Japanese law to domestic corporations and branch offices of foreign corporations are: