The Japan consumption tax is a national tax applied according to the business volume, through self-assessment, and it functions similarly to the VAT in Europe. When a business becomes a taxable entity, it has to file a consumption tax in Japan on a regular basis. The Japan consumption tax rate varies according to the…
Fiduciary services in Japan imply managing the assets for an individual or a company. Fiduciary services are quite often used in Japan, being generally requested by foreign entrepreneurs who do business in this jurisdiction. In this article, our company formation consultants in Japan explain what our fiduciary services are comprised of and answer other important questions related to…
A liaison office, most commonly known as a representative office, in Japan is generally opened by foreign legal entities as a preliminary step to actually doing business in the country. A representative office can effectuate market research, collect data and purchase and advertise products. In this article, our company formation advisors in Japan present several details regarding opening a…
Tax minimization, also known as tax avoidance, is the utilization of legal methods to change a person’s financial situation in order to reduce the amount of income tax he or she has to acquit. In this article, our company formation advisors in Japan explain how the Japanese tax minimization can be achieved. Tax minimization in…
Many entrepreneurs who just began a new business venture in this country choose to set up a sole proprietorship in Japan, which has the main advantage of paying fewer taxes compared to other types of business vehicles here. As follows, our company formation agents in Japan explain a few key factors related to the taxation of…
Japan has a well-developed used car market and there is a great consumer demand for driving cars for longer time frames. Therefore, the car owner numbers in this country are continuously increasing. This great demand is met with an insufficient number of auto mechanics. The demand for the maintenance sector is rising, too. In this…
The airline industry in Japan is characterized by a steady duopoly with All Nippon Airways (ANA) and Japan Airlines (JAL). In addition, the sector is registering a strong development of the low-cost carrier (LCC) sector which focuses on the cities of Osaka, Fukuoka, Sapporo and Naha. Mainly with the 2020 Tokyo Olympic…
Even though local companies usually have a strong reputation for trustworthy dealing, there are, though, some Japanese businesses which are less credible and could be legitimate, however, concerning in connection to financial or business issues. Our company formation advisors in Japan can help entrepreneurs and businesses in performing the appropriate due diligence when they intend to…
Japan is an important player in the global jewelry market, being actually the third largest market in the world in this sector, after the USA and China. In this country, the jewelry is being traded at all department stores, shopping centers and jewelry shops. Jewelry in Japan is sold in a wide variety…
The alternative medicine is a profitable industry in Japan, just like it is in other economies such as China and India. The demand for natural health practitioners and herbal medicine goods is huge. Therefore, if you possess a good knowledge of yoga, homeopathic medicine, Ayurveda or other practice in this domain, starting an alternative…
