Trusted by SMEs and entrepreneurs, we specialize in providing accounting services tailored for foreign business owners in Indonesia. From bookkeeping and financial statement preparation to tax compliance, we offer solutions designed to address the unique challenges faced by international entrepreneurs. By partnering with us, you can focus on growing your business with the confidence that your financial matters are expertly managed by a team that understands your specific needs.
How Can Accounting Help My Business?
Accounting plays a vital role in the success of any business, providing the financial clarity needed to make informed decisions and achieve long-term goals. For businesses in Indonesia, proper accounting ensures compliance with local tax laws, helping to avoid penalties and maintain a good standing with authorities. It also offers insights into your financial performance, enabling better budgeting, cash flow management, and strategic planning. With accurate bookkeeping and financial reporting, you can streamline your operations, attract investors, and support business growth. For foreign entrepreneurs, professional accounting services simplify navigating Indonesia’s regulatory landscape, offering peace of mind and allowing you to focus on growing your business.
Related Read: Annual Report in Indonesia: Contents, Deadline, Periods & Procedures
Hiring an Accountant in Indonesia
Hiring an accountant in Indonesia offers many advantages, but it’s equally important to be aware of potential drawbacks. Here are a few considerations to keep in mind:
Indonesia Accounting Services
Our accounting services follow the accounting standards set forth in the Limited Liability Company Law and the Tax laws of Indonesia. It is important to note that accounting goes beyond mere bookkeeping and encompasses a comprehensive system that ensures compliance with regulatory requirements.
By engaging our accounting services, you can benefit from a range of specialised services tailored to meet your specific needs. Some of the common accounting services we offer in Indonesia include:
In addition to these core services, we offer a range of other accounting services to support your business needs. These include filing annual returns, payroll tax reporting, compilation of accounts for dissolution or tax clearance purposes, advisory services, setting up proper accounting systems, auditing, taxation, and accounting solutions. We can provide partial or full accounting services, periodic financial statement preparation, tax filing, and tax computation.
Experienced Business Consultants
Our 2 Decades of Proven Expertise Will Guide Your Business
With over 20 years of cumulative experience spanning Singapore, Malaysia, Indonesia, and Hong Kong, we have successfully incorporated more than 2,000 companies across diverse jurisdictions. Our proven expertise extends to securing a 93% success rate for Indonesia KITAS applications, demonstrating our commitment to delivering results. As trusted advisors, we excel in leveraging market positioning imperatives and strategic networks to support our client’s growth and success in competitive business environments.
Workflow & Timeline Schedule for Accounting in Indonesia
The table below summarizes the key elements related to the implementation of accounting processes. It includes the required implementation documents, the opening balance requirements, data verification through supporting documents, and the timeline for discussion.
| Documents | Description |
|---|---|
| Legal Documents |
|
| Opening Balance |
|
| Data Verification |
|
The discussion process follows a specific timeline.
Data requests are made by the 2nd of the following month to collect the necessary financial data. Data revision, if required, should be completed by the 8th of the following month to ensure accuracy. Finally, on the 25th of the next month, Paul Hype Page provides the draft of the Financial Statement for review and feedback
Indonesia Accounting Guides
Dive into our articles to understand more about accounting in Indonesia.
