Flow of Hiring Employees in Japanese Corporations
202003.19
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Flow of Hiring Employees in Japanese Corporations

I would like to hire Japanese employees at my Japanese subsidiary or branch. Please tell me specifically what to do. Clarify the human resources you are seeking and create recruitment content. Once the recruitment content has been decided, select the recruitment media for hiring and interviews with applicants. If good people are found, conclude an…

Transfer of Privately-owned Real Estate to a Corporation
202003.13
0

Transfer of Privately-owned Real Estate to a Corporation

Are there any tax benefits when ownership of personal property is transferred to corporate ownership? You may be able to enjoy tax saving benefits due to the difference in tax rates between individuals and corporations. ★ Explanation ★ In Japan, the effective income tax rate for corporate entities in Japan is approximately 30%. On the…

Residents and Nonresidents
202003.06
0

Residents and Nonresidents

Tell me about the “residents” and “nonresident” statuses in Japan. In terms of Japan’s Income Tax Act, a “resident” is an individual who has a domicile or has had a residence continuously for one year or more in Japan. Those who do not satisfy the definition given for “residents” is considered a “nonresident”. ★ Explanation…

How to Determine Executive Compensation
202002.25
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How to Determine Executive Compensation

How should we determine how much would be our executive remuneration? Corporate tax, income tax, social insurance, residence renewal status, etc. must all be taken into consideration when deciding the amount for executive remuneration. ★ Explanation ★ 1. From a taxation standpoint (corporate tax and income tax) If the owner (100% shareholder) executive are not…

Notifications to be Filed Upon Establishment
202002.13
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Notifications to be Filed Upon Establishment

Please tell me what tax-related notifications should be submitted to the tax office(s) after incorporating a company or setting-up a branch in Japan. After setting-up a branch or company, you will need to submit the following documents, for example, to the tax office, prefectural tax office, and municipal office. <Tax Office> ・ Tax Report for…

Relationship between Intra-Company and Business Manager
202002.07
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Relationship between Intra-Company and Business Manager

I will assume the position of representative for a Japanese subsidiary (branch) of a foreign company. In this case which visa should I apply for? If the activities to be conducted are those of a manager, apply for a “Business Manager” visa. If the activities are equivalent to liaison duties with the home country, apply…

Possibility of Approval of Joint Representative (2)
202002.05
0

Possibility of Approval of Joint Representative (2)

I established a company with my friend and applied for registration as an officer. The capital is 5 million yen, but can the both of us obtain Business Manager visas? It would be difficult for both to obtain Business Manager visas for a newly established company. There are exceptions but generally only one Business Manager…

Possibility of Approval of Joint Representative (1)
202002.03
0

Possibility of Approval of Joint Representative (1)

I established a trading company with my friend and we would both like to apply for a Business Manager visa. The capital totals 10 million yen, with both of us investing 5 million yen each. I specialize in foreign transactions such as customs clearance and import-export operations. My friend is in charge of quality control…

Re-Application in Case of Denial
202001.31
0

Re-Application in Case of Denial

From my resident status of “Engineer/Specialist in Humanities/International Services”, I applied for a change of status of residence to “Business Manager”. At that time, I explained my source of capital to the Immigration Bureau, but my application was denied. My capital was the money I had saved by working in Japan for about 5 years….