What are the requirements to obtain a Work Permit?
The candidate must possess An education related to the position he is going to take up in Indonesia, Provide a proof of health or life insurance for the entire stay when he [...]
Who are the nationalities that cannot apply for a Business Visa?
Indonesian immigration has a policy where they do not approve visa applications from the following nations: Afghanistan, Guinea, Israel, Iraq, North Korea, Cameroon, Liberia, Nigerian and Somalia.
Do the same labor rights apply to local and foreign workers alike in Indonesia?
Foreigners from any country are permitted to work in Indonesia as long as no Indonesian citizen is available or able to perform the tasks required in the position. However, this does not [...]
Which countries send the most foreign workers to Indonesia?
The vast majority of foreign workers in Indonesia are from East Asian countries. China sends the most foreign workers to Indonesia, with Japan and South Korea ranking second and third by this [...]
Do I need to submit tax reports if my company has been established but with no business activities?
Yes, it is mandatory to submit monthly and annual tax reports even if your company does not have any business activities. Hence, Business Owners do not required to commit any taxes.
Which companies need to file Annual Financial Statements in Indonesia?
1. Limited liability companies with one of the following criteria: Publicly listed companies (Tbk); Companies with business activities related to the management of public funds; Companies that have issued statement of debt [...]
What are the penalties do I receive when I miss the Annual Financial Statements filling deadline in Indonesia?
Companies who failed to file their Annual Financial Statements via Ministry of Trade's portal might experience the following consequences: Written warning Revocation of company business and/or operational permit or commercial permit Recommendation [...]
Why have some of Indonesia’s Tax Laws have amended?
A country’s tax laws ought to reflect the economic realities present in the country. At certain points, the tax laws of Indonesia were out of step with the country’s economic conditions. Therefore, they had to [...]
Why does Indonesia have Social Security Schemes?
Indonesia’s social security schemes are intended to protect the welfare of employees. They provide employees with benefits in cases of old age or retirement, injuries suffered at work, or even death. Through these [...]
How has Indonesia’s Corporate Tax Rate changes over the years?
The latest change to Indonesia’s corporate tax rate took place in 2010. In that year, the tax rate fell from 28% to 25%. The highest corporate tax rate to have ever existed [...]