Qualified Invoice System: Who Qualifies and What You Get
Learn how this tax registration allows freelance trainers to issue compliant invoices and stay competitive with corporate clients.
This system allows registered businesses and freelancers to issue tax-compliant invoices to their clients.
Who it's for
This is primarily for freelance trainers who earn more than ¥10 million in annual revenue, or those who choose to opt-in to the system regardless of their income level.
What you get
By registering, you gain the ability to issue official, tax-compliant invoices. This is important for your business clients who need these documents to claim their own tax credits.
What it costs you
You will need to maintain very strict and accurate business records. Additionally, registering may lead to a consumption tax liability, meaning you may have to pay more in taxes.
The catch to know
Many corporate gyms and large fitness businesses now require you to have this registration before they will hire you or sign a contract with you.
How to apply
- Determine if your business needs to be registered to satisfy your clients.
- Prepare your necessary business and tax documentation.
- Submit an application to the National Tax Agency.
- Check the official government portal for specific filing methods and current requirements.