Tax information

The rate of 10% can be reduced or increased to 5% or 15%. VAT at a rate of 0% applies to the exportation of tangible goods, intangible goods and services. STLG is imposed on: .. See More

Foreign ownership over tangible assets

Businesses are required to maintain accounting records and prepare annual financial statements in accordance with the Indonesian Financial Accounting Standards (SAK is the local acronym) effective 1 January 2015. .. See More

Establishing the business entity

For a foreign investment company, a business registration should be obtained. In addition to the business registration, business entities engaging in certain industries (e.g. Banking businesses, merchant banking, finance companies, credit ..See More