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We are proposing an overseas expansion plan for business owners who have some sales in Japan.
In Japan, corporate tax is 15% to 23% for corporations. Income tax is up to 55%.
Japan ranks as the second highest-taxed country in the world. There are approximately 50 different taxes.
Apart from income tax, even if a monthly salary of 1,000,000 yen is paid, social insurance premiums such as health insurance, employee pension, unemployment insurance, and long-term care insurance amount to 120,000 yen, income tax of 103,000 yen, and inhabitant tax of 69,000 yen are deducted, resulting in a net income of approximately 710,000 yen. This is a reduction of nearly 30%.
On the other hand, overseas, there are many advantages depending on the country, such as tax exemption for some businesses and the possibility of making deposits at interest rates as high as 10% without consumption tax or income tax after paying a mere 20% tax.
If you are a business owner who has made sales in Japan to some extent, you may be faced with this problem.
We have started this overseas consultation service in order to offer a plan to help Japanese business owners with their problems by planning business match parties and providing overseas expansion consultation services as the first step to seize opportunities to earn foreign currency while dealing with tax issues in Japan.