A Year into Japan’s New Tax System 2-3 min read Japan inaugurated its new tax system in October 2023, aiming to streamline compliance and bolster fiscal transparency. A year into Japan’s New Tax System, businesses acclimatize to this substantial overhaul, it’s crucial to assess the impact these regulations have had on operational practices. Initial Challenges … Read more
How do I get a Qualified Invoice Number? 4-5 min read A Qualified Invoice Number is a unique identifier required under Japan’s new tax system for valid invoicing and claiming tax credits. It is a part of the invoice criteria set by the National Tax Agency for transparent and efficient consumption tax processing. For more … Read more
What is the Qualified Invoice System in Japan? 2-3 min read As Japan continues to evolve its tax landscape, the Qualified Invoice System, introduced in 2023, stands as a pivotal change in the country’s taxation approach. This article aims to demystify what the Qualified Invoice System is and its significance for businesses, particularly for foreign … Read more