Overview

Declaration for estimated labor insurance premiums, filed and paid within 50 days of the insurance relationship establishment. Premiums are estimated based on projected annual wages and settled at year-end through the final premium declaration.

Schedule

Event-triggered: Within 50 days of the insurance relationship establishment date

Applicability

• Applicable to: Kabushiki Kaisha (KK), Godo Kaisha (GK), Individual
• Requires paying salaries

Authority

Filing Methods

Additional Details

After filing the Labor Insurance Establishment Notification, estimated premiums must be declared and paid. Estimated premiums are calculated by multiplying the projected total wages of all employees through the end of the fiscal year (March 31) by the insurance premium rate. When actual total wages are finalized at year-end, a settlement is made through the final premium declaration (annual renewal / 年度更新). Any excess or shortfall is applied to the next year's estimated premiums or collected additionally. Submission and payment can be made at the Labor Standards Inspection Office, Prefectural Labor Bureau, or Bank of Japan (including agency banks).

Legal Basis