SANSEI Tax and Legal
SANSEI offers Japan expertise in business regulation, corporate 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.
Japan Consumption Tax Reclaims
Consumption tax reclaim is a key expense management service sought especially by multinational companies with business travel and related expenditures in Japan. Multinationals actively reclaim for VAT refunds in Europe, for example, among over 100 countries worldwide. The VAT equivalent in Japan is the consumption tax, which is levied at 5% on most Japan expenditures. While National Tax Agency Japan requires that all original travel or non-travel related receipts accompany reclaims, SANSEI can guide a client into the most efficient approach for maintaining the invoices.
*Note: In Japan, a company can file for refunds back to 5 years if (a) the company has no permanent establishment (PE) in Japan, and (b) the company has not been filing for refunds prior. And, a company with a PE in Japan can file back to 1 year – which is important as many claims may have been filed as incomplete.
In order to file a consumption tax return a taxpayer initially needs to file for registration with the tax office. Thereupon, the tax office will issue a taxpayer ID number. SANSEI can prepare the oft required “Application for Appointment of Tax Agent” or “Application for Changing of Tax Agent” for the client company, file the consumption tax returns, and carry forward with all tax office negotiations and reviews.
Social Insurance Application
Four statutory employee insurance benefits in Japan are: Health Insurance, Welfare Pension Insurance, Workmen’s Accident Compensation Insurance, and Employment Insurance. We can assist your organization with compliance by providing these services:
Japan Corporate Tax Services
Coordinating your accounting and administration for the best tax planning approach, SANSEI will file your Japan returns at all levels: national, prefectural, and municipal. Our bilingual tax experts can also negotiate with tax authorities for you. The main taxes applied:
Statutory Government Filings
When hiring employees for your Japan office, SANSEI can ensure that you meet the deadlines for all government required filings:
Company Subsidy Application Assistance
The Japanese Government issues subsidies to first-year startups that offer substantial returns on employee salaries or wages and office furniture expenditures. SANSEI works with local specialists when registering qualifying companies for benefits. (*See subsidy list)
Japan Personal Tax Services
We at SANSEI regret to inform that due to overwhelming demands for corporate tax filing, SANSEI has discontinued its Japan personal tax filing services. We apologize for any inconvenience.
SANSEI offers Japan expertise in business regulation, corporate 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.
Japan Consumption Tax Reclaims
Consumption tax reclaim is a key expense management service sought especially by multinational companies with business travel and related expenditures in Japan. Multinationals actively reclaim for VAT refunds in Europe, for example, among over 100 countries worldwide. The VAT equivalent in Japan is the consumption tax, which is levied at 5% on most Japan expenditures. While National Tax Agency Japan requires that all original travel or non-travel related receipts accompany reclaims, SANSEI can guide a client into the most efficient approach for maintaining the invoices.
*Note: In Japan, a company can file for refunds back to 5 years if (a) the company has no permanent establishment (PE) in Japan, and (b) the company has not been filing for refunds prior. And, a company with a PE in Japan can file back to 1 year – which is important as many claims may have been filed as incomplete.
In order to file a consumption tax return a taxpayer initially needs to file for registration with the tax office. Thereupon, the tax office will issue a taxpayer ID number. SANSEI can prepare the oft required “Application for Appointment of Tax Agent” or “Application for Changing of Tax Agent” for the client company, file the consumption tax returns, and carry forward with all tax office negotiations and reviews.
Social Insurance Application
Four statutory employee insurance benefits in Japan are: Health Insurance, Welfare Pension Insurance, Workmen’s Accident Compensation Insurance, and Employment Insurance. We can assist your organization with compliance by providing these services:
- Consulting on local benefits packages for expatriates
- Initial company filing to Social Insurance Agency
- Reporting to Social Insurance Agency and Public Security Office on newly hired or terminating employees
- Computation of labor insurance premiums and annual report
- Annual reporting to Social Insurance Agency on remuneration for months May to July of each year – period under which Standard Remuneration for social insurance is determined each Octobe
Japan Corporate Tax Services
Coordinating your accounting and administration for the best tax planning approach, SANSEI will file your Japan returns at all levels: national, prefectural, and municipal. Our bilingual tax experts can also negotiate with tax authorities for you. The main taxes applied:
- Corporate Income Tax
- Corporate Inhabitants Tax
- Corporate Enterprise Tax
- Consumption Tax
Statutory Government Filings
When hiring employees for your Japan office, SANSEI can ensure that you meet the deadlines for all government required filings:
- National, prefectural, and local tax offices
- Report on Establishment of Wage-Paying Office
- Social Insurance Agency
- Report on Establishment of Office, Report on Acquisition of Status (for Health insurance and Welfare Pension Insurance)
- Public Employment Security and Labor Standards Inspection Offices
- Report on Establishment of Office, Report on Acquisition of Status (for Employment Insurance)
- Submission of Working Rule (Labor Standards Office)
- Agreement Regarding Overtime and Duty on Rest Days
- Insurance-related reports (Labor Insurance Law)
- Report on Selection of Proxy (Labor Insurance Law)
Company Subsidy Application Assistance
The Japanese Government issues subsidies to first-year startups that offer substantial returns on employee salaries or wages and office furniture expenditures. SANSEI works with local specialists when registering qualifying companies for benefits. (*See subsidy list)
Japan Personal Tax Services
We at SANSEI regret to inform that due to overwhelming demands for corporate tax filing, SANSEI has discontinued its Japan personal tax filing services. We apologize for any inconvenience.
