Need registration as a ‘Qualified Invoice System’ till March 2023.
- 2022.11.28
- global trade, import VAT, input VAT, international tax, invoice system, qualified invoice system, vat
From October 2023, the invoice system for consumption tax will be introduced in Japan. 1.Registration as a ‘Qualified Invoice System’ for existing taxable enterprises (obtaining a VAT number)In order to deduct Input VAT, you have to register as a ‘Qualified Invoice System’; the deadline is the end of 2023/3. Non-resident Japanese individual enterprises and corporations wishing to deduct Input VAT must register. If a non-taxable enterprise registers, it can deduct Input VAT but must file a consumption tax return. Contact ⇒