When conducting business in a foreign country, it is important to ensure that your compliance requirements are met and that you are operating with transparency.
The Japanese tax system is a victim of the country’s love of bureaucracy. The World Bank and International Finance Corporation rank Japan 121st in the world for their corporate tax system, which can soak up 330 hours a year in management time. With 14 payments required annually, that’s a lot of pressure on your finance department.
Our team in Tokyo can help with accounting challenges and reporting services, so you can focus your time and resources on your core business and growth strategy.
TMF Group Japan can help with:
- Payment processing
- Local statutory reporting
- Management reporting under IFRS and GAAP
- Consolidated accounts preparation and reporting
- Tax and VAT compliance