No, Small companies who has just set up their company should and can employ outsourced accountants to help with the accounting functions especially if the owners do not have any accounting knowledge [...]
When choosing a service provider, you should review their security measures, their data storage, data security and staff awareness. By outsourcing, it also promotes less fraud as a third party will be [...]
Limited Liability Company needs to be audited in case it falls under one of the criteria: The company’s business activities are to collect and manage funds from people The company issued a [...]
A PT and a PT PMA may take as quick as 30 days to set up and a representative office takes about 6 to 8 weeks to do so. However, the process [...]
According to the latest changes laid out in Job Creation Law, the classification of Local PT in Indonesia based on paid-up capital as follows: A micro-enterprise: less than IDR 1 billion A [...]
Basically, there are three common types of legal entity you should consider: local company (PT), foreign company (PT PMA) and representative office.
Under a work permit, a work permit holder is eligible to apply for a dependant pass for the family of the holder, including children and spouse to come to Indonesia.
Indonesia has lots to offer, from agriculture, to manufacturing and business. Depending on the industry you are looking at, there are different areas in Indonesia that excels in these areas. For example, [...]
Indonesia has the biggest economy in South East Asia, this means that there is potential in the economic growth. Thus, Indonesia has a wide range of goods and services along with better [...]
In Indonesia, employees usually pay income taxes through their employer, which deducts it from their salary on a monthly basis. For tax payers resident in Indonesia, the above-mentioned tax rates apply. For non-resident taxpayers, [...]
