From October 1 2023, Japan has introduced a qualified invoice system that companies need to use in their business transactions. In many aspects, it is similar to invoices used in EU countries, where VAT needs to be specified separately for each applicable category (8% or 10%) and VAT-numbers included in business invoices.
Joint venture established in 1987 by the European Commission (DG GROW) and the Japanese Government (METI) for promoting all forms of industrial, trade and investment cooperation between the EU and Japan.
