202009.04
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  • ● Annual Schedule for Filing of Tax Returns and Social Insurance Procedures
  • Some due dates for the filing of corporate tax returns and payment of corporate taxes and the procedures for social and labor insurance are determined by the company’s fiscal year, while others are determined regardless of the fiscal year.

    The following due dates apply to all Japanese subsidiaries of foreign companies, foreign corporations and Japanese branches of foreign corporations.

    1. 1. Determined by Fiscal Year

      ① Corporate Tax, Local Corporate Tax, Local Tax, Consumption Tax and Local Consumption Tax

      In principle, within two months from the end of the fiscal year.

      However, if there are reasons why the financial statements cannot be finalized within two months from the end of the fiscal year (e.g., the articles of incorporation stipulate that the annual general meeting of shareholders shall be held within three months from the end of the fiscal year, or the financial statements of the head office of the foreign corporation shall be finalized within six months from the end of the fiscal year, etc.), the deadline for filing the tax return can be extended by filing certain notification forms.

      ※ For consumption tax, this is applicable to fiscal years ending on or after March 31, 2021.
      ※ Even if the due dates for filing of the tax returns have been extended, payment due dates are not extended.

      ② Business Occupancy Tax

      In principle, within two months from the end of the fiscal year.

      ※ Unlike ①, there is no existing system to extend filing due dates.

    2. 2. Not Determined by Fiscal Year

      ① Depreciable Fixed Assets Tax Report

      Filing is due on January 31 each year.
      Tax payment deadlines for Tokyo are as follows:

      • • 1st Period: End of June
      • • 2nd Period: End of September
      • • 3rd Period: End of December
      • • 4th Period: End of February of the following year

      ② Statutory Report

      Submission is due on January 31 each year.

      ③ Salary Payment Report

      Most municipalities have set their due dates on January 31 each year.

      ④ Annual Labor Insurance Report

      Both filing and payment are due on July 10 each year.

      If the estimated amount of insurance premiums due is 400,000 JPY or more, installment payments are possible, which are due on the following dates:

      • • July 10
      • • October 31
      • • January 31

      ⑤ Annual Social Insurance Report

      Due date of submission is on July 10 each year.

      ⑥ Year-end Adjustment

      As a general rule, this must be done before the last salary payment in December.

    3. 3. Schedule Table (Tax Return Filings and Social Insurance Procedures)

      For most Japanese subsidiaries of foreign companies whose fiscal year ends on the last day of December, their due dates follow the following dates. (If the last day of the month falls on a weekend or a Japanese national holiday, the due date is automatically moved to the first business day that follows.)

      January
      Depreciable Fixed Assets Tax ― Filing (1/31)
      Statutory Report ― Submission (1/31)
      Salary Payment Report ― Submission (1/31)
      Labor Insurance (3rd installment from previous year) ― Payment (1/31)
      February
      Corporate Tax, Local Tax ― Filing and Payment (2/28)
      (For those who did not submit for an extension of the filing due date)
      Consumption Tax ― Filing and Payment (2/28)
      (For those who did not submit for an extension of the filing due date)
      Business Office Tax ― Filing and Payment (2/28)
      Depreciable Fixed Assets Tax (4th installment from previous year) ― Payment (2/28)
      March
      Corporate Tax, Local Tax ― Filing (3/31)
      (For those who filed for a one-month filing extension)
      Consumption Tax ― Filing (3/31)
      (For those who filed for a one-month filing extension)
      June
      Depreciable Fixed Assets Tax (full payment or 1st installment) ― Payment (6/30)
      July
      Annual Labor Insurance Report (full payment or 1st installment) ― Filing and Payment (7/10)
      Annual Social Insurance Report ― Submission (7/10)
      August
      Corporate Tax, Local Tax ― Interim (Mid-year) Payment (8/31)*1
      Consumption Tax ― Interim Payment (8/31)*2
      September
      Depreciable Fixed Assets Tax (2nd installment) ― Payment (9/30)
      October
      Labor Insurance (2nd installment) ― Payment (10/31)
      December
      Year-end Adjustment (before final salary payment in December)
      Depreciable Fixed Assets Tax (3rd installment) ― Payment (12/31)

      *1: For corporation whose corporate tax due of the previous fiscal year is over 200,000 JPY, this interim (mid-year) payment is necessary.
      *2: If the final consumption tax (national tax portion) for the previous year is over 480,000 JPY, the interim consumption tax calculated based on the tax amount of the previous year must be paid. The number of interim payments and the amount of tax due will vary depending on the tax amount of the previous year as follows. The table of above shows the payment frequency and amount due in the case of ① below.

      Final Consumption Tax Amount for the Previous year (National Tax portion) Payment Frequency Amount Due per Payment
      ① Over 480,00 JPY but 4 million JPY or less Semi-annual basis Half (6/12) of the final consumption tax amount for the previous period
      ② Over 4 million JPY but 48 million JPY or less Quarterly basis One-fourth (3/12) of the final consumption tax amount for the previous period
      ③ Over 48 million JPY Monthly basis 1/12th of the final consumption tax amount for the previous period