Tax report of application for approval of blue return ( in the case of company )

In the case you have incorporate a legal entity, you need to submit several kind of documents to authorities.
One of the most important document is ” application for approval of blue return “.
In the case your company has acquired this approval, your company can acquire several merits concerning taxation in Japan.
Assumed that  your company has purchased a real estate in 2017, there are many expenses, including purchase tax, fee for real estate broker etc. and may show loss.
If your company does not obtain this approval, it can not carry forward the loss for another nine years ( after 2018, it is ten years ).
Your company needs to submit this application form within three months from date of incorporation. ( However it should be submitted by end of fiscal year ).

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