Japan

Country Japan
Currency JPY
EU Member State No
Standard VAT/GST rate 8%
Reduced VAT/GST rate 0%
VAT registration limit for established businesses Yes
VAT registration limit for non-established businesses Yes
VAT return filing periods Monthly / Quarterly / Semi-Annually
Annual VAT returns Yes
Additional reporting requirements No
VAT recovery by non-established non-EU businesses Yes
Reverse Charge Yes
Fiscal representative required for non-EU businesses Yes
Statute of limitations The statute of limitations to request a downward correction of prior year tax liabilities is five years (six years for transfer pricing) from when the original tax return was filed.

The statute of limitations with regard to upward corrections by the tax authorities is also five years (six years for transfer pricing).

Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.