Kamakura One Inc. (Location: Makati City, Philippines) is a company specializing in accounting outsourcing for Japanese companies operating in the Philippines. We will officially commence operations on July 1, 2026. We offer comprehensive accounting services required for business operations, from bookkeeping, tax filing, and payroll to invoicing and payment processing, all on a fixed monthly fee basis, providing an environment where our clients can focus on their core business. [Background of Establishment] Complexity of Taxation - The Only Top Investment Risk Among Six Major ASEAN Countries According to JETRO's "Survey of Japanese Companies' Business Operations" (2025), the Philippines is the only one among the six major ASEAN countries (Singapore, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines) where "complexity of taxation and tax procedures" is cited as the top investment risk (by 65.1% of respondents). While other major countries rank rising labor costs and administrative complexity higher, tax compliance itself stands out as a significant management challenge in the Philippines. Even for general corporations, tax filings and payments can amount to 40-50 cases annually, with each filing requiring the preparation of supporting documents (e.g., transaction details). It's also crucial not to overlook that even slight delays or errors can lead to substantial penalties. With frequent tax audits by the BIR, tax compliance is a business risk that cannot be underestimated. Difficulty in Securing and Retaining Accounting Personnel Establishing an in-house system to handle these tasks is also not easy. Accounting personnel in the Philippines have high mobility and can easily switch to foreign-affiliated companies domestically or internationally by leveraging their English skills. Therefore, even after investing in recruitment and training, it is difficult for them to stay, and it is not uncommon for accounting functions to cease due to sudden resignations. [