Japan Management Consultancy

JMC Payroll services for Japan

 

JMC provides flexible payroll services for clients in Japan

 

Initial Payroll Services

Registration of company with Japanese Labor and Social Insurance Systems
Enrollment of employees with Japanese Labor and Social Insurance Systems
Set up of master payroll data files

Monthly Services: Payroll Calculation

- Calculation of gross salary, salary deductions and net salary based on the information provided by the company,
- Payment procedures of net salary for each employee and necessary withholdings
- Preparation of the following reports:
- Payroll statement for the employee
- Pay in slip of national withholding tax
- Pay-in slip of local withholding inhabitant tax

Monthly Services: Payroll Calculation

Payment of salaries to employes
Payment of relevant payroll taxes and whihtheld taxes on employees salaries
In this regard also consult our cash management services

Yearly Payroll Services

- Bonus Payment services
- Year-end additional payroll work including year-end withholding tax adjustment procedures (December)
- Preparation and filing of the "Annual Withholding Tax Report for National Tax Purposes (i.e., Shiharai-Chosho-Gokeihyo)" and "Annual Salary Report for Local Tax Purposes (i.e., Kyuyo-Shiharai-Hokokusho)" with the national tax office and local tax office, respectively, by January 31
- Preparation and filing of the labor insurance premium annual report (May)
-Preparation and filing of the social insurance premium annual report (May)