| Currency | Payroll Frequency | Employer Taxes |
| JPY – Japanese Yen | Monthly | 14.98% – 24.43% |
Introduction
Japan is known for its advanced and highly developed economy, and it is the third-largest economy in the world according to the International Monetary Fund (IMF).
With a GDP of $5.35 trillion, Japan is a major player in the global economy and is a leader in a range of industries, including manufacturing, services, and agriculture.
The manufacturing sector is an important contributor to Japan’s economy, accounting for around 27% of the country’s GDP. Japan is renowned for its high-quality manufactured goods, including automobiles, electronics, and machinery.
The country has a well-developed infrastructure and a highly skilled workforce, which has made it attractive to foreign investors.
How can PEO solutions help?
Imagine the ability to hire across country boundaries at scale and without having to worry about the legal and employee administration process of your employee. That’s how PEO solutions work.
By providing total workforce management solutions, AYP Group is able to help you manage payroll, distribute competitive employee benefits packages, and ensure that your business is compliant with the relevant local legislation wherever your employees are based.
How much would PEO Solutions cost?
The range of solution providers of PEO solutions can range from USD300 per employee to USD650 per employee. View AYP Group’s transparent list of solutions for your worker types here.
Find out about AYP’s total workforce management solution today!
Learn more about AYP Global Pay, Asia Pacific’s smartest People and Payroll Management System.
Contact our HR specialists to learn more.