Service plan example proposed for a foreign affiliated firm

The following table summarizes an example of service plans for a foreign affiliated firm in Japan. Depending on organizational structure and human resources, a parent company can customize necessary functions, which have to be outsourced from Fukai CPA Office.

  Services Details
General Incorporation support service Certification of Articles of incorporation
Corporate registration
Business plan development Support for building business plan for internal use
Support for building business plan for a loan from banks
Support for building business plan for equity finance
M&A advisory service Support for building mergers and acquisitions plan in Japan
Support for finance in negotiation process with banks Support for building cash-flow forecast
Attending meetings with banks
Accounting and Tax Accounting software setup Install accounting software and train staffs
Bookkeeping Provide bookkeeping function
Monthly review Review general ledger
Analysis on fluctuations and other significant issues
OJT training for staffs
On-site visit
Annual review Preparation of annual report
Support for building breakdowns of accounts
Consultation on accounting and tax issues Consultation on accounting and tax issues
Advice on tax planning
Income tax return Preparation of income tax returns
Consumption tax return Preparation of consumption tax return
Depreciable assets tax return Preparation of depreciable assets tax return
Payroll and social insurance Payroll calculation Calculation on payroll
Calculation on withholding income tax
Year-end tax adjustment Preparation of Year-end tax adjustment
Social insurance calculation Calculation on social insurance
Options Monthly report to the parent company Translation of monthly report in English
Translation of monthly review in English
Annual report to the parent company Transaltion of annual report in English
Translation of breakdowns of accounts in English
Support for corporate governance Reconciliation book and bank account
Advice for working capital management
Advice for inventory management
Communication with the parent in accounting and tax 
Controller function Take a roll of controller function