VAT stands for Value Added Tax, which translates to Value Added Tax in Japanese. VAT is an indirect tax similar to Japan's consumption tax. For example, in Europe, the VAT rate ranges from 17% to 27%, which is higher than the 10% consumption tax rate in Japan.

Please also check this database for more information.

We provide tax compliance and tax advisory services with a focus on European VAT. Please feel free to contact us for more information.

IF YOU ARE ENGAGED IN TAXABLE ACTIVITIES AS DEFINED BY THE EUROPEAN VAT DIRECTIVE, YOU ARE REQUIRED TO OBTAIN A VAT NUMBER AND PAY TAXES IN EUROPE.

FOR EXAMPLE, SUPPOSE THERE IS A CASE IN WHICH A JAPANESE COMPANY B PURCHASES GOODS FROM A GERMAN SUPPLIER COMPANY A AND SELLS THEM TO A GERMAN COMPANY C. IN SUCH A CASE, THE GOODS ARE SHIPPED DIRECTLY FROM COMPANY A TO COMPANY C. IN SUCH A CASE, THE GOODS ARE SHIPPED DIRECTLY FROM COMPANY A TO COMPANY C.

IN SUCH A CASE, JAPANESE COMPANY B IS SELLING GOODS IN GERMANY, AND EVEN IF IT IS A JAPANESE COMPANY, IT IS REQUIRED TO OBTAIN A VAT NUMBER IN GERMANY.

We provide VAT registration and VAT declaration services in various countries. Please feel free to contact us.

VAT (VALUE-ADDED TAX) LEVIED ON BUSINESS TRAVEL EXPENSES AND SERVICES PROVIDED TO EUROPE CAN BE FULLY RECOVERED THROUGH APPROPRIATE TAX REFUNDS.

We offer VAT refunds not only in Europe but also worldwide. Unlike direct taxes such as corporate income tax, VAT is a tax on sales. The rate can be as high as 15-25% of sales. If you can legally and reliably reduce such costs, why not take action?

Our system allows you to manage T&E (Travel Expense) and other expenses, including amounts, items, and tax refund records, in an intuitive and easy-to-understand manner. In addition to cost reductions from VAT refunds, this system can also be expected to reduce costs by improving operational efficiency.

IOSS stands for Import Onestop Shop, which in Japanese is called the Import One-Stop System.

THE IOSS SYSTEM WILL GO INTO EFFECT ON JULY 1, 2021, AND WE CAN ASSIST WITH IOSS REGISTRATION AND IOSS FILINGS.

UNDER THE IOSS SYSTEM, IF THE INVENTORY IS LOCATED IN A NON-EU REGION AND IS SOLD TO CONSUMERS IN THE EU, AND THE SALES PRICE (INTRINSIC VALUE) IS LESS THAN 150 EUROS, IT IS SUFFICIENT TO DECLARE THE INVENTORY WITH AN IOSS NUMBER INSTEAD OF A REGULAR VAT NUMBER.

WITH SAID IOSS NUMBER, A SINGLE IOSS NUMBER WILL BE SUFFICIENT FOR TRANSACTIONS OF 150 EUROS OR LESS, EVEN IF VAT REGISTRATION IN MULTIPLE EU MEMBER STATES IS REQUIRED.

THE FOUR MAJOR ADVANTAGES OF IOSS ARE AS FOLLOWS

1. reduced tax rates available
2. one-stop, one-country declaration
3. no import VAT
4. less time required for import customs clearance

Individuals and corporations can register as well, but the required documents differ. Please contact us for details.

Shopify is similar to our own site. For this reason, the use of IOSS is friendly. IOSS allows you to collect taxes on sales at the time of sale, although only for sales of 150 Euros or less. In addition, import VAT is not levied, and customs clearance proceeds quickly. Please consider using IOSS.

Please take a look at our other useful e-books for cross-border EC.

EORI number is an abbreviation for Economic Operators Registration and Identification, and is called an operator registration and identification (EORI) system. We can obtain an EORI number on your behalf.

THE EORI NUMBER CONSISTS OF A TWO-LETTER ALPHANUMERIC COUNTRY CODE FOLLOWED BY 14 OR 15 DIGITS AND ALPHABETIC CHARACTERS. THE EORI NUMBER REDUCES THE BURDEN ON BUSINESSES BY FACILITATING IDENTIFICATION AND COMMUNICATION BETWEEN CUSTOMS AUTHORITIES DURING CLEARANCE PROCEDURES, THEREBY ENABLING FASTER AND SMOOTHER PROCESSING OF PROCEDURES.

BUSINESSES WITHIN THE EU MUST OBTAIN AN EORI NUMBER FROM THE CUSTOMS AUTHORITY OF THE MEMBER STATE IN WHICH THEY INTEND TO OPERATE. NON-EU BUSINESSES THAT WISH TO FILE CUSTOMS DECLARATIONS, APPLY FOR AEO, OR APPLY FOR SIMPLIFIED CUSTOMS PROCEDURES IN THE EU MUST ALSO OBTAIN AN EORI NUMBER FROM THE CUSTOMS AUTHORITY OF THE FIRST MEMBER STATE IN WHICH THEY INTEND TO OPERATE. BASICALLY, A BUSINESS MUST APPLY FOR AN EORI NUMBER BEFORE COMMENCING BUSINESS.

In addition to obtaining a VAT number, we can also obtain an EORI number. Please feel free to contact us.

We believe that one of our strengths is that since our founding, we have been one of the most experienced firms in Japan specializing in international indirect taxation, particularly in Europe.

IN PARTICULAR, CROSS-BORDER EC HAS RECENTLY BECOME POPULAR, AND WE HAVE BEEN HANDLING TAXATION OF CROSS-BORDER EC FOR MORE THAN 10 YEARS, AND OUR EXPERTISE IN BOTH CROSS-BORDER EC AND TAXATION IS OUR SELLING POINT.

We also operate as an organization and are constantly working with customer satisfaction in mind. We have many large corporations as clients, and we support tax returns based on theory.