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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
The primary criterion for a company to be considered a tax resident of Indonesia is having a permanent establishment or primary place of management in Indonesia. Resident companies of Indonesia are taxed [...]
A flat rate of 25%.
The desirable qualities of the company secretary include: Being familiar with and understanding the provisions of the Memorandum and Articles of Association of the company. Be conversant and in compliance with of [...]
Expertise for Company law A Company Secretary (CS) needs to be up-to-date to the country’s law to carry out legal responsibilities. Communication Skills Keep up with the latest changes and interact with [...]
A list of sectors closed to foreign investment or where foreign investment is capped.
