Depending on your volume of activity, some companies do daily, weekly, monthly or even yearly accounting. As long come the company’s financial year end, there is reasonable accuracy achieved in compiling accounts [...]
It is highly encouraged for every business to have a professional accountant to comply with the annual compliance and avoid penalties.
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 [...]
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 [...]
As of now, Indonesia is not considered a tax haven’t country as taxes are not as low as other countries and there are obligations for all to pay taxes in the country. [...]
Value-added tax (VAT) is the consumption tax imposed on each product stage of both goods and services until product sales and is taxed at 11% in Indonesia. The VAT rate is set [...]
No, only public companies (Local PT) are required to appoint a company secretary in Indonesia. However, it is recommended for all companies to engage corporate secretarial services to ensure that the administrative [...]
The Malaysia Employment (EP) is a type of work permit that is valid for up to 5 years, depending on the contract and the salary.
The Indonesia work visa is applied by employers on behalf of their foreign employees.
Afghanistan, Guinea, Israel, Iraq, North Korea, Cameroon, Liberia, Nigeria, and Somalia passport holders are not eligible to apply for an Indonesia business visa.
