Is Indonesia a good place to work or live in?
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 [...]
I obtained the stamp duty before the implementation of the new stamp duty law, is it still valid?
Yes. It will still be valid one year since the implementation of the new law with a total minimum value of nine thousand rupiah.
How long does it take to obtain a stamp duty for my documents?
Stamp duty can be obtained at any postal office in Indonesia and thus can be paid and obtained in a day.
If I do not pay for Stamp Duty, will that affect the validity of the agreement ?
Although failing to pay for stamp duty does not affect the legality or validity of an agreement, the failure to pay for stamp duty will result in the documents being unrecognised in [...]
Do Double Tax Agreements affect Indonesia’s Tax Laws?
The signings of DTA with other countries may sometimes force changes of the taxation laws which have been created by the Indonesian government. Furthermore, the government policies with regard to foreign direct [...]
What is the penalty for tax evasion in Indonesia?
An individual who does not submit tax return or submits an incorrect tax return will be subjected to 1 to 2 times of the tax that was underpaid or imprisoned from 3 [...]
Is there business opportunities in Indonesia?
Many expats find Indonesia attractive due to the scenic views but also because of the business opportunities found in Indonesia. The city of Jakarta and island Bali are examples of bustling tourism [...]
Does Indonesia have strict tax laws?
In Indonesia, tax crimes are an ongoing problem the government is trying to curb. Punishments, depending on their nature ranges from paying the underpaid amount of money left unpaid, subjected to a [...]
Are they any tax exemptions for Indonesian companies?
Yes, there are many tax incentives for both individuals and companies in Indonesia. You can find more about them here.
What is Value Added Tax?
Value added tax (VAT) is the consumption tax imposed on each production stage of both goods and services until the final product sales. Business owners in Indonesia must be fully aware of [...]