SANSEI Trust Tax and Accounting.



Back office support
in Japan

Financial accounting in English

Main communication is carried out in English.
For example, if the client requests communication be carried out in English, we would prepare the financial statements in English, coordination for invoice payments in English as well as payroll calculation summary in English to the client
Also, the monthly reports submitted to headquarters, as well as telephone conference with the management, can be done in English too.

International taxes and tax filing

We specialize in accounting and tax services for foreign affiliates in Japan. Our motto is to provide our accounting and tax services in the best way we could. We offer tax consultation and filing of corporate tax / business tax, consumption tax, individual income tax and inheritance tax returns. We can also provide review and advices on provision of corporate tax and consumption tax, with the support and consultation of a retiree from the Regional Taxation Bureau.
Also, we can assist in providing advices in mitigating tax risks and lend our hands in high level review of draft audit report.

Payroll calculation and social insurance

Our services cover payroll calculation, social insurance administration, resolving employment issues and other employment related matters in Japan for overseas affiliates.
First, we are responsible for the monthly payroll calculation, administration of social insurance for new arrivals and transfers, monthly employee social insurance, year-end adjustments, labor insurance application and other matters related to employment in Japan.
We also provide advices on rent allowance, explanation on employment documents to foreign staff in English and filing individual income tax return for expats.
Second, termination issues are of our clients’ concerns too. There are times when staff has to be terminated due to restructuring of business / organization. In this regard, we provide our advices to the human resources department and take the lead on the termination procedures for our clients.
In addition, we also able to prepare the work rules, both in Japanese and English version, for our clients when such request arises.

Banking services and corporate management custody

We assist in opening bank accounts, maintaining bank custody and carrying out payment services through the bank for foreign affiliates with organization in Japan, in addition to human resources, tax and accounting matters.

External director, auditor appointment

Recently, it has been possible to register a representative who lives / based overseas, but foreign affiliates would also prefer to appoint a nominal representative director who is based in Japan for the ease of management and running of operation in Japan. Or, the nomimal representative may be appointed for a short period of time before a suitable local employee / director can be found and put in place.
In addition to the nominal local representative, we are also appointed by our foreign clients as an audit committee member and / or advisors for foreign affiliate’s Japan subsidiaries.
Also, when the headquarter finally decides to close down the Japanese organization, we can serve as the liquidator and liaise with the relevant parties, such as lawyers, auditors and overseas headquarters, for liquidation purpose. We can also assist in preparing the final tax return for liquidation purpose.

Non-resident consumption tax filing

Non-residents may have the right to claim refund on the Japanese consumption tax when carrying on business in Japan.
For e.g., if a foreign aviation company flies into Japan, consumption taxes are filed in order to obtain the input tax credit back on expenses paid for aircraft engine repairs, security fees for parked aircrafts, advertisement video fees, flight crew’s lodging and meals and transportation fees.

Internal audit

Compliance and fraud prevention measures are vital for conducting business, and we are able to assist in this area too.

Transfer pricing tax systems

With the support from a retiree from the Regional Taxation Bureau and our partnership with True Partners Consulting International, we are well-equipped to assist clients who are concerned of the related party transactions from Japanese transfer pricing perspective.

Staffing service

We offer advices and preparation of employment contracts in compliance with Japanese labor laws and the company’s rule and regulations, especially matters concerning overtime and termination in Japan.

© 2017 SANSEI Trust Tax and Accounting.