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Kansai Scene Magazine

Business

Going it alone

Getting into business can be tricky.  Knowing how and where to get started is not everyday information. If you are starting a small operation, there is an easy and free way to set up a sole proprietorship that will provide for your basic business needs. You only need to go to your local tax office and ask to make a Koujin Gishou. It costs nothing and only takes five minutes to fill out the paperwork. This basic tax identity will allow you to open a Koujin Kouza or business account at your bank, through which you can operate your business. This provides an easy way to track and declare earnings while allowing many more tax deductions. The Koujin Gishou structure is for small businesses and may not be suited for larger operations. It is best to consult with a professional before making a final determination.

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