|sales activity||permited||permited||not permitted|
Iinterest is deductible
Note: 'Thin Capitalization' rules
|Iinterest is not deductible||-|
|Annual administration||Annual shareholders meeting|
No annual procedure.
Registration is required when registered items of the head office is changed.
|Tax Return Submit by the subsidiary||No requirement to the parent company.||Submit by the branch with the accounting reports prepared by the head office for worldwide bases.|
|Director||Necessary at least one representative director who is a resident of Japan|
(capital per levy)
|Depending on capital amount etc|
(If the capital amount of the head office is huge.)
|Loss of starting up||Cannot setoff by the parent company||Can setoff by the head office|
|Registration||Is needed||Is needed||Is not needed|
|Bant account||Can open||Can open||Cannot open|
|Lease conract||Can take out||Can take out||Cannot taek out|
Fillings to tax office
|are needed||are needed||are needed|
Let's start business in Japan with us!
Which structure you should choose?