Japan: New Invoicing System

From 1 October 2023, Japan will introduce a new JCT (Japan Consumption Tax) system.

Sellers will need to register with the tax office in order to obtain a consumption tax ID.

This ID must be printed on compliant invoices and the deadline for companies to register to obtain an ID is 31 March 2023.

The below information must be included on the new invoices:

  • Supplier name;
  • Supplier Tax ID number;
  • Date of transaction;
  • Description of goods/services;
  • Invoice amount with applicable tax rate;
  • Consumption tax amount; and
  • Customer name.

Stay Up to Date

Each month we feature the latest news trends and topics covered by our TBI experts. For more regular news and regulatory updates follow us on LinkedIn and Twitter.

Work with real VAT experts

With over 25 years of experience in the area of VAT compliance and consultancy, we handle all countries and languages where VAT obligations exist. We have a dedicated & centralized team of VAT experts, with a reputation of excellence within all global tax offices ready to speak to you about your VAT obligations.

Taxback International

For over 25 years Taxback International has been a world leader in VAT consultancy and compliance providing expert support to more than 12,000 global clients including Apple, Google, IBM, and Twitter.

With increasing digitalization of global tax processes, we have developed tailored technology solutions to solve challenges facing companies today.

  • Comply – End-to-end VAT compliance platform.
  • TBI Pay – Streamlined cross-border payments technology.
  • VAT Connect – Cloud-based, automated review of transactional data and images via AI and Machine Learning for Domestic and Foreign VAT Reclaim.
ROI Calc Calculate your ROI