What is an Employer of Record (EOR) Service? Explaining How to Implement Remote Work from Abroad
The shift towards remote work, as part of workstyle reforms, has seen a rapid increase in adoption by companies following the outbreak of COVID-19. According to the Ministry of Internal Affairs and Communications' "Information and Communications White Paper" for the year Reiwa 5 (2023), 51.7% of companies have introduced teleworking. Alongside this increase in remote […]
Global Remote Work: Tackling PE Risks in the New Work Era
The rise of remote work has led to more employees working across borders. This trend introduces new Permanent Establishment (PE) risks. PE risk means a company could face additional tax responsibilities if considered a permanent establishment under another country's tax laws. In this article, we explore how overseas remote work can affect a company's tax […]
Strategic Hiring in Japan: Understanding Employment Laws for Business Growth
Japan at a Glance Estimated Population: 126.3 millionCurrency: JPY Japanese YenCapital: TokyoLanguage: JapaneseGDP: USD 5 trillion Key Things to Consider Before Hiring in Japan Understanding the employment landscape in Japan is crucial before engaging in the hiring process. The main focus of labor laws in Japan revolves around the relationship between employers and employees. Rather […]
How to establish a Japanese Corporation for Overseas Companies
For overseas companies planning to enter the Japanese market, establishing a local entity is essential. While sending expatriates or setting up a branch office are options, they come with limitations such as the prohibition of sales activities and lack of an independent corporate identity. Thus, forming a Japanese corporation offers greater business flexibility within Japan. […]