Japan Tax Compliance Deadlines

This page gives the main tax compliance deadlines for a small or medium size company operating in Japan with a fiscal year ending December 31st. (Calendar year).
Please note the tax compliance timeline are given for illustration purpose and the actual tax compliance schedule may vary due to the calendar  or other specific tax office measures.
Companies in Japan are free to fix a fiscal year ending at any month end. In practice, subsidiaries of foreign companies align the Japan fiscal year with their parent company fiscal year.

Withholding Tax Report – January 31st

The withholding tax report  indicates to Japan tax authorities the taxes that have been withheld from employees salaries the previous year as well as tax withheld from professionals who do not operate under a corporate structure like Japanese lawyers or tax accountants.

Fixed Asset Tax Return – January 31st

This fixed asset tax return lists to Japan tax authorities the fixed assets of the company as well as their depreciation and book values.

Consumption Tax Return – February 28th

The Consumption Tax Return reports to Japan tax authorities the amount of consumption tax that has been collected on sales on the previous year and the amount of Japan consumption tax that has been paid on purchases.  Deadline for Paying the Japanese consumption tax is the same day. There is no possible extension for payment of consumption tax.

Corporate Tax Return –
Normally February 28th – Usually March 31st with one month extension.
However payment is due February 28th.

The Corporate Tax Return reports the financial situation of the company to Japan tax authorities: income statement, balance sheet change in shareholders equity …
Based on the financial statements, it calculates the tax liability of the company in Japan.
Even if the deadline for filing of the corporate tax return is extended to March 31st because of one month extension, the tax is actually due on February 28th. Interest applies if the company pays later than the due date.

Payment of withholding tax on salaries and fees: July 10th and January 10th

If the company has less than 10 employees and has applied for semi annual payment of withholding tax, the payment of  withholding tax to Japan tax authorities is due on July 10th for tax withheld during the first semester and January 10th for the tax withheld during the second semester.

Interim Corporate Tax Return and Tax payment – August 31st

Depending on the tax situation, the Japan company may receive by tax office an interim tax payment notice slip based on half the tax payment that was made for the previous year on February 28th.
If the company wishes to pay less taxes than the amount  proposed in the interim tax payment which is equal to 50% of the previous year tax paid, it may file an interim tax return.

Recommended Resources on Tax in Japan:

Japan National Tax Agency website

Disclaimer: This information is for illustration purpose only. JMC cannot be held liable for any decision made based on this information. For any advice regarding taxes in Japan, Licensed tax accountant should be consulted.