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Hello Fastlaners!
Just looking for advice, particularly if any of you have experience in international business.
I live in Japan and I'm running a business, but all of my customers are from other countries, and the income is all in USD. But I think since I'm operating in Japan I will eventually need to pay taxes here. And since I'm American, I'll eventually need to pay some taxes in the US too...
I've heard that US tax law is much more lax and flexible than Japanese tax law though. Though it seems more complicated to make a US entity that has a "branch" or functions in Japan, it might be more beneficial in the long haul.
Here's the website:
www.JapanWifiBuddy.com
We rent out pocket wifi routers to traveler coming to Japan to help you stay online wherever you go. The wifi infrastructure here sucks, and when you do actually find it, you usually have to install shady apps on your phone and go through a lengthy registration process. Not so convenient when you just want to check a map or email for a minute.
Thanks for any input!
Just looking for advice, particularly if any of you have experience in international business.
I live in Japan and I'm running a business, but all of my customers are from other countries, and the income is all in USD. But I think since I'm operating in Japan I will eventually need to pay taxes here. And since I'm American, I'll eventually need to pay some taxes in the US too...
I've heard that US tax law is much more lax and flexible than Japanese tax law though. Though it seems more complicated to make a US entity that has a "branch" or functions in Japan, it might be more beneficial in the long haul.
Here's the website:
www.JapanWifiBuddy.com
We rent out pocket wifi routers to traveler coming to Japan to help you stay online wherever you go. The wifi infrastructure here sucks, and when you do actually find it, you usually have to install shady apps on your phone and go through a lengthy registration process. Not so convenient when you just want to check a map or email for a minute.
Thanks for any input!
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