03/05/2020
As of 3 May 2020
Update for benefit money for companies/sole proprietorship suffering from sales decrease due to COVID-19 (3)
We have received many inquiries regarding the benefit money for companies/sole proprietorship suffering from sales decrease due to COVID-19: Jizokuka Kyufukin
When you think of applying, please read the following carefully. Sorry, it is quite long, but I think it very important.
1. You will be asked to submit basic information about your business
It includes corporate number, date of establishment, kessan month (account closing month), copy of kessan/kakuteishikoku documents, sales amount of last year, bank account information, names of representative, etc.
2. You shall declare that you meet all the requirements, saying
(1) you meet all the requirements
(2) your supporting documents and the information you supply are true and correct
(3) you are not one of the organizations specified as ineligible
(4) you will return the money plus some penalty if they find out you received the money illegally
(5) you have no relation to boryoku dan
(6) you shall follow the regulations set for this benefit
3. Once the office in charge finds something suspicious about your application, they will make very thorough investigation. If they determine that you received the money illegally, the following happens:
① you must return (a) all the benefit money you received, (b) delinquency charges calculated by annual 3% starting from the date you received the benefit money to the date you repay, and (c) penalty of 20 % of the total of (a) and (b). (it's going to be quite a lot of money)
② your name and your company/business name shall be made public
③ they shall file a criminal complaint with you depending on what you did illegally.
4. Note also that:
1) You, as business owners, are supposed to keep all the accounting records as specified by the tax laws. Refer to section “5. Structure of Final Return Forms for Corporation Tax”
https://www.nta.go.jp/english/taxes/corporation/pdf/outline.pdf
Sole proprietorships must keep the same documents if they use blue return.
2) You do not have to submit the copy of sales records for 2019. But they may ask you to submit them later. If you cannot show them when requested, they might consider you received the benefit money illegally.
3) If your name is made public as illegal receiver of the benefit money, the immigration will easily find it on the list, and might cancel your visa or refuse to extend your visa.
Please think again that you are eligible and ready to apply.
(yachida)
