# Compliance

Regulatory compliance news and requirements for businesses.

2 articles

FinanceJapan Mandates Digital Invoice System Compliance by October 2026

The National Tax Agency has announced that all businesses with annual revenue exceeding ¥10 million must implement qualified invoice-issuing systems by October 2026. This extends the existing invoice system requirements and adds new digital compliance standards for B2B transactions.

Why It Matters: Non-compliance will result in loss of consumption tax credits for business customers
What To Do: Audit current invoicing processes and identify gaps in qualified invoice compliance
National Tax AgencyJan 12, 2026
TaxSimplified Consumption Tax Filing Available for Businesses Under ¥50M Revenue

The NTA has expanded eligibility for simplified consumption tax filing, raising the revenue threshold from ¥50 million to ¥80 million for FY2026. This allows more small businesses to use deemed purchase ratios instead of tracking actual input tax credits, reducing accounting burden significantly.

Why It Matters: Simplified filing dramatically reduces bookkeeping requirements for qualifying businesses
What To Do: Review FY2024 base period revenue to determine eligibility for simplified filing
National Tax AgencyJan 6, 2026
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