ICCJ Weekly Newsletter (October 10)

Newsletter della Camera di Commercio italiana a Tokyo


Promo - pubblicata il 13 Ottobre 2023


https://www.trevisobellunosystem.com/wp-content/uploads/2023/05/Logo-ICCJ-Light-copy.png
Fonte: Italian Chamber of Commerce in Japan

 

 

New tax regulation meets the concern of small businesses

Hundreds of thousands of small businesses and freelancers in Japan are very concerned. The reason is the new tax regulation that took effect last October 1st. This regulation is known as the Qualified Invoicing System, a new system decades in the making with the aim of enhancing transparency in the collection of consumption tax.

Before the introduction of the Qualified Invoicing System, small businesses in Japan with annual sales of less than ¥10 million were exempt from paying consumption tax. However, under the new system, these businesses are now required to issue qualified invoices, necessitating their registration with the tax office and payment of taxes.

The primary causes of concern revolve around the potential consequences, including the risk of losing transactions or facing demands for discounts equivalent to the amount of consumption tax. Additionally, the requirement to register with the tax office and pay taxes represents a significant shift in their financial obligations. A petition on Change.org opposing this regulation has already garnered nearly 450,000 signatures, and the protest has gained momentum on social media with the creation of the hashtag #STOPインボイス (STOP invoice) and the corresponding website stopinvoice.org.

The new law is complex, and it is easy to see both sides of the argument. For freelancers and small businesses, this law essentially translates into a 10% tax increase. On the other hand, the system is designed to prevent “tax profit” (a situation where a portion of the tax does not reach the national treasury but remains with businesses) and enhance the transparency and fairness of each payment. To address these concerns, it is crucial for the government to provide comprehensive explanations about this new introduction and to strengthen its monitoring efforts to ensure that small businesses are not unfairly treated by more dominant business partners.

ICCJ Gala Dinner & Concert 2023

The ICCJ Gala Dinner & Concert will return this December with not one but three events!

Click here for the Tokyo event, held on December 8th at Hotel Gajoen Tokyo.

Click here for the Nagoya event, held on December 12th at Hilton Nagoya.

Click here for the Osaka event, held on December 14th at The Garden Oriental Osaka.

We are delighted to announce that the menu of all three events will be prepared by the Michelin-starred Chef of the renowned Italian restaurant Al Cambio in Bologna. The menu will feature traditional Emilia Romagna cuisine, for a truly unforgettable culinary experience.

MODA MAKERS:THE INTERNATIONAL TRADE FAIR
OF MADE-IN-ITALY FASHION MANUFACTURERS 

Moda Makers is a showcase of the excellence and know-how of Italian SME manufacturers of women’s ready-to-wear fashions, accessories, and sportswear.

The 16th edition will be next 14 and 15 November at ModenaFiere, in the very heart of Emilia-Romagna’s fashion valley, and will feature both local manufacturers and companies from all over Italy, highlighting the 2024/2025 Fall/Winter Collections.

Dozens of white and private label producers will showcase their brand collections featuring thousands of designs in apparel like knitwear, blouses, and outerwear. The exhibitors of Moda Makers are chosen not only for their top-notch product quality, materials, and design, but also for their commitment to environmental sustainability.

Moda Makers exclusively caters to wholesalers, distributors, purchasing centers, and retailers seeking to develop private-label clothing lines and connect with entrepreneurs for orders and production discussions. The event sees visitors from a broad range of countries, including Austria, Germany, Belgium, the Netherlands, Japan, Taiwan, Portugal, and Spain.

For all further information: https://modamakers.it/women-fashion-trade-fair/

Business meetings for importers (Food and design)

The collaboration between ICCJ and Made in Vicenza has given rise to the mission “Made in Vicenza in Japan”, a double project covering multiple sectors. The mission will see the participation of one food producer, one furniture company and one leather company, together with an entrepreneurial and representative delegation in the jewellery and gold sector from Vicenza.

ICCJ is organizing b2b meetings between Japanese importers and the following producers:

1. Food (Pasta) “Industria alimentare Ferraro”
Ferraro has been producing numerous varieties of pasta since 1970.
The company handles private labels for major companies and supermarkets throughout Italy, as well as its own brand product called “Pasta Montegrappa”.
2. Furniture “SITIA”
SITIA is a company that proposes comfortable spaces that match the image of the building and its interior, utilizing Italian spatial design know-how. SITIA produces high quality products tailored to clients’ needs by experienced craftsmen at flexible prices.
3. Leather “Prodital”
Prodital Leather, which provides the finest leather for SITIA furniture, produces more than 1,000 types of leather to meet any request, and can customize patterns and colors.For further informations and to register b2b meetings please refer to this link: CLICK (Japanese)
News from our Members

BIG SALE EVENT AT ITALIST.COM
NOW 55% OFF + Additional 10% discount for ICCJ Newsletter’s readers

【What is italist?】
italist is the first platform to offer direct-to-consumer imports of luxury goods exclusively from Italy. It reaches 300,000 products on-line curated from 1,500 luxury brands. With Italist, you can purchase brand new, genuine, in-season fashion and accessories from some of the most high-end and coveted fashion brands in the world! You will pay at the Italian retail price, saving 40% on average! italist is also currently offering up to 55% on Fall / Winter 2023.

italist is like shopping on the streets of Milan, Rome, and Florence without ever leaving your home!

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【Offer Details】
italist is pleased to offer ICCJ’s newsletter subscribers an additional 10% off on already-discounted Italian luxury fashion and accessories during the month of October. Email us at the address below and get your personalized 10% discount code!

cci@italist.com

【Terms and Conditions】

  • Offer valid through 10/31/2023
  • Offer available for international clients
  • Limited to 2 purchases per person
  • View https://www.italist.com/us/terms/ for other terms and conditions
  • Have additional questions or need assistance? Please reach out to italist
  • customer service at CCI@italist.com
ICCJ for IMPORTERS
Business matching event with 13 Italian producers.
Industries: Food & Beverage, Fashion, Design and Machinery.Meet & Match is a project run by Promos Italia in collaboration with the Italian Chamber of Commerce.
In 2023 it will support Italian SMEs in all production sectors to build and develop partnerships in target markets such as Japan, India and the UK.

B2B meetings between Japanese buyers and Italian producers will be handled on an individual basis.
In addition, a one-to-one virtual B2B schedule can be arranged over a two-month span to ensure a better planning process.

Samples may also be available, depending on the industry and producer.

For more details and for the list of products,

please visit the website dedicated to the project 

 

News
FROM ITALY
Italy used to be a startup desert. Now there are signs of life
(Sifted)
Read here
FROM JAPAN

Sea surface temperatures around Japan set to hit 2nd straight monthly high

(Japan Today)
Read here

Offices are Available for Rent at ICCJ

Do you need a private office or a co-working space in central Tokyo with shared facilities and a good espresso?

Contact us!
( Ryota Takahashi: e-mail  / Tel: 03-6809-5802 )

A.Q.I. Restaurant of the Week
Ristorante Est
〒465-0053
Aichi, Nagoya, Meito Ward, Gokuraku, 1 Chome−7−7
DISCOVER ALL THE BENEFITS EXCLUSIVE TO THE ICCJ MEMBERS
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(for importers and available only in Japanese)

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