Overview

Labor insurance (労働保険) encompasses workers' accident compensation insurance (労災保険) and employment insurance (雇用保険). Enrollment is mandatory for any business employing at least one worker. The annual renewal (年度更新) takes place from June 1 to July 10, during which the finalized premium for the previous year and estimated premium for the current year are declared and paid.

Key things to know

• The annual renewal period runs from June 1 to July 10 • Both the finalized prior-year premium and estimated current-year premium are declared together • Enrollment is mandatory for any business with at least one employee • Workers' comp premiums (労災保険) are fully employer-paid; employment insurance (雇用保険) premiums are shared • The declaration is filed with the Labor Standards Inspection Office (労働基準監督署)

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