Amazon [Compliance Reference] Japan Station is online!

With the official launch of the [Management Compliance] control panel on Amazon Seller Central, sellers in different destination markets are increasingly demanding the [Compliance Reference] function. [Compliance Reference] The function is officially launched on the Amazon Japan site. Currently, it supports the inquiries of relevant compliance policies and service providers in the seven destination markets of Japan, the United States, the United Kingdom, Germany, France, Spain, and Italy. Other sites will be open for use one after another, so stay tuned!

The importance of 【Compliance Reference】!

1 Check the product compliance requirements in advance:

During the product selection and stocking stage, you can learn about product compliance requirements, required compliance certification documents, and obtain compliance service provider information to avoid the risk of delisting in advance.

2 Covers multiple types of compliance policies:

You can directly inquire about the Amazon product compliance, dangerous goods compliance, export trade compliance, import trade compliance and other related requirements of the target market.

3 Provide professional third-party service providers:

【Compliance Reference】Provide you with a series of domestic and international professional compliance service providers. You can choose the compliance service provider officially recognized by Amazon according to your certification needs.

4 Review other site compliance requirements:

If you only register on the Japan site, you can use [Compliance Reference] to view the compliance requirements of the Japan site, as well as the compliance requirements of the other 6 destination markets in the United States and Europe.

As long as you are a registered seller, you can use the [Compliance Reference] function and obtain related services for free. You can use this function to query the types of goods sold on Amazon Japan that are strictly controlled by local regulations, such as infant/children products (baby strollers, children's toys), electrical products (adapters, power banks, etc.), radio products (radio compliance requirements and solutions for products such as transceivers, smart plug products, etc. Whether your products or supply chain are domestic or overseas, whether you are a brand owner or manufacturer, you can find a suitable service provider for related consultation.

Do you need JCT for Amazon Japan?

The Japan National Tax Agency (NTA) has released the Japan Consumption Tax (JCT) revision policy system, which stipulates that from October 1, 2023, the Japan Consumption Tax compliance invoice retention system will come into effect.

What is the compliance invoice retention system!

The compliant invoice retention system enables corporate buyers who can present compliant invoices to receive input credit for Japan Consumption Tax. After the implementation of this reform, only sellers with a Japanese consumption tax registration number will be eligible to issue such compliant invoices to corporate buyers.

influences:

What impact will this reform of the compliance invoice retention system have on sellers?

For individual consumers

If the purpose of corporate procurement is not included, there is no change.

For corporate buyers

❶ Before October 1, 2023, buyers who need tax deduction can enjoy JCT input deduction even if the JCT registration number is not displayed on the invoice.

❷ Beginning on October 1, 2023, buyers who need tax deduction need to provide a compliant invoice with the seller's JCT registration number before they can apply for JCT input deduction. If the invoice does not meet the new system requirements, the buyer's tax will not be deductible.

The impacts and matters that must be noted are:

1. Order competitiveness for the purpose of corporate procurement

For corporate purchases that have tax deduction needs, they may choose sellers who have applied for a JCT registration number and can issue compliant invoices for corporate purchases and apply for JCT input deduction. More than 90% of Amazon's Chinese sellers have received orders from overseas corporate buyers, so this policy reform has attracted the attention of many sellers.

2. Q4 Amazon JCT registration number verification in 2022

According to the requirements of the Japanese National Tax Agency, sellers need to submit a registration application before March 31, 2023. From Q4 2022, Amazon will verify that the JCT registration number you entered matches the registration number officially published by the Japan National Tax Agency on this website. If it is inconsistent, the registration number will be set to "invalid" status, please pay attention to the registration time in advance!

Conditions for JCT taxable entities:

You are obligated to become a JCT taxable entity and pay taxes as required if your company meets any of the following conditions:

1. Your taxable sales in the "base year2" exceed 10 million yen;

2. Your taxable sales in "base year 2" do not exceed 10 million yen, but your taxable sales in the first half of "base year 1" exceed 10 million yen;

3. The registered capital of your company is more than 10 million yen.