Our local member provided the following preliminary information about doing business in this country.
Please contact the firm for more information and obtain professional advice in each country concerned.
Our local member will be happy to help you proceed with your business!
Population : 125 000 000
Current Exchange Rate to USD: USD 1 = 132 yen
Standard corporate income tax rate:
Main tax incentives:
tax deduction for R&D expense and Salary increase
Preferrable taxation for retirement allowance
Standard dividend withholding tax rates:
As same as taxation for corporation
Standard Interest withholding tax:
Interest expense deduction rules:
Thin capitalization rule applied
Standard royalty withholding tax rate:
Laws and government
Common law: No
Civil law: Yes
Other infos about legal system :
Federal / national only?: No
State / provincial too?: Yes
Other infos about governmental layers:
Data privacy rules?:
Data security rules?:
Standards & Tax treaties
Number of tax treaties: 84 tax treaties with 151 countries/regions
OECD MLI treaty signatory?: YES
Type of tax: Consumption tax
Taxes on foreign products?: No consumption tax imposed on foreign products
Taxes on foreign services?: No consumption tax imposed on foreign services
Typical time and cost to incorporate a local private company: 3-4 weeks
Typical time and cost to register a branch of a foreign company: 3-4 weeks
Typical business/tax/other issues in the country:
Currently very difficult to open corporate bank account
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We strongly recommend that you seek professional advice from a qualified expert in the relevant field before making any decisions or taking any actions based on the information provided on this website. Your reliance on any information presented on this website is at your own risk.
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