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New Japanese qualified invoice system per October 2023

Japan will introduce from October 1st, 2023, a new Japan Consumption Tax (JCT) system. Under the new system, issuers of invoices will have to register with tax office to get a consumption tax ID that will need to be printed on invoices compliant with the new system called “qualified invoices”. Consumption tax claim on purchases (input consumption tax) will not be possible anymore if invoices are not qualified with means that they do not match requested format and do not bear the consumption tax ID number of the JCT registered supplier.

Source: japanconsult.com

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