Japan

What consumer rights apply in Japan for expired Giftcards? ›

Under Japanese law, Giftcards expire on their expiry date. However, merchants must state expiry dates clearly. If this information is missing, the Giftcard is treated as valid without a time limit.

What special rules apply in Japan to the sale, issuance, or redemption of Giftcards? ›

Giftcard sales in Japan are regulated under the Prepaid Payment Instruments Act. Providers must register with the Financial Services Agency and submit regular reports on issued Giftcards.

How are Giftcards treated for tax purposes in Japan (VAT, single-purpose / multi-purpose)? ›

In Japan, consumption tax is charged when Giftcards are redeemed. There is no distinction between single-purpose and multi-purpose Giftcards, but practice follows the economic purpose.

Is there a legal rule in Japan on the validity period of Giftcards? ›

Yes, in Japan the validity period of Giftcards is regulated by law. Under the Prepaid Card Act, Giftcards generally may not have a validity shorter than six months. Merchants must clearly state the expiry date.