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 [...]
What is the penalty for late returns or payments?
Late returns or payments may subject the individual to a 2% surcharge of the amount of VAT due or a fine of IDR 500,000. In the case of serious fraudulent activates, criminal [...]
How has VAT facilitated the creation of companies in Indonesia?
VAT is a crucial component of revenue generation for any country’s economy. Its proper enforcement can bring about significant growth to the economy. The VAT which has been collected by the Indonesian [...]
Do most people in Indonesia consider the cost of VAT to be excessive?
For most who live in Indonesia today, the cost of VAT is affordable. Thus, most goods and services are affordable as well. Therefore, the cost of living in Indonesia is not excessive [...]