Effective October 16, 2025, the Immigration Services Agency of Japan (ISA) has implemented revisions to the Business Manager Visa, aimed at promoting sustainable foreign investment and professional business management practices in Japan. These updates reflect the government’s focus on ensuring that foreign-owned enterprises contribute meaningfully to the Japanese economy while providing a clear framework for [...]
Background: For Japanese Consumption Tax-JCT (Value Added Tax-VAT), the Japanese tax authorities did not introduce invoice system contrary to what is done with VAT in many other countries. Invoice system is common in Europe and many other countries in the world, but it had not been previously introduced in Japan for various reasons until now. [...]
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