Kojin Jigyo - Individual Business in Japan

Did you know that in Japan you can set up your own individual business similar to MEI do Brasil (Individual Micro Entrepreneur)? Creating an individual company in Japan is called Kojin Jigyo (個人事業) which literally means (事業) individual project, enterprise, business, industry (個人).

Like MEI, kojin jigyo does not require start-up capital, does not have expensive courses and taxes or bureaucracy. Professionals who earn a lot of money working as a freelancer need to have this record. It is not necessary to have a commercial point and you can have your small business even if you are in another job (see contract).

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Japanese and foreign photographers, designers, hairdressers, private teachers, accountants, consultants and freelancers often make use of kojin jigyo. Before starting a large company, the individual business is the gateway that offers many benefits to foreigners, descendants and Japanese.

Kojin jigyo - individual business in japan

Benefits and Requirements of Kojin Jigyo

Having an Individual Business in Japan allows for some requirements such as:

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  • You can use a business name;
  • You will not spend on accountant (expenses exceed 200,000 per year);
  • Bank loan with only 2% of interest per year;
  • Professional credibility (to close large contracts);
  • Tax discounts if you stay in days with your declaration;
  • Support and information about individual companies;
  • Despite being an individual business, you can hire employees;

Kojin jigyo - individual business in japan

Some requirements and information you need to know about setting up your microenterprise in Japan:

  • You need some visa long-term or that allows paid activities;
  • Some use the Kojin Jigyo to obtain a visa, this is possible when you have contracts or partnerships with other companies;
  • You need specific authorization for certain types of business;
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Opening an Individual Business in Japan

To declare yourself as a kojin jigyo just fill a form and send it to the nearest tax office. You must choose the correct form for your province and follow the indicated address or call to answer your last questions. Remembering that all procedure is done in Japanese.

Once this is done, just make sure to keep all your payments registered, on the blue (detailed) or white sheet. Declare income tax annually as usual. Fortunately, one of the advantages is that you can subtract the expenses with the company to pay less taxes as it is in the MEI.

Kojin jigyo - individual business in japan

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If you work as a photographer, you won't have to pay tax on expensive camera and other equipment you buy. If you use a computer or even a cell phone to work, shop for work and enjoy it for fun. Even food and transportation can be included in your individual company's expenses.

Of course, not everything is flowers, we recommend you to see all the details and do not fill out any paperwork without being aware of becoming one. Kojin Jigyo. Unfortunately some end up declaring bankruptcy for not knowing how to manage their individual company well, we don't want that to happen to you!

Kojin jigyo - individual business in japan

Setting up your own business can be a great opportunity to leave the factories and keep your visa to live in Japan. You can still keep your job and create your business, but remember to talk to your boss, immigration, prefecture and all responsible bodies to clear your doubts.

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