Home Blog What are the tax rates for corporate income tax? What are the tax rates for corporate income tax? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents The rates vary based on company’s gross turnover. But the normal rate is 25%.
Home Blog Do PT PMA, PT and Representative Office all have the same tax obligations? Do PT PMA, PT and Representative Office all have the same tax obligations? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents No. PT PMA and PT have to manage corporate income tax, withholding tax and VAT, plus LKPM report for PT PMA. Representative Office only manages withholding tax and LKPM report.
Home Blog What are the deadlines for annual tax return? What are the deadlines for annual tax return? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents For individuals, the deadline is 31 March. For companies, the deadline is 30 April.
Home Blog Will having a tax ID but never submitting tax reports cause a problem to my company? Will having a tax ID but never submitting tax reports cause a problem to my company? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents Yes, you will receive an administrative penalty for delaying or not correctly and promptly filing the tax report.
Home Blog Daris Salam Accounting | Audit Review | Finance | Financial Operational Resilience | Payroll | Tax Reporting | Transfer Pricing Advisory | Transfer Pricing Compliance Daris Salam InCorp Editorial Team 8 January 2024 0 minute reading time Table of Contents Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog What obligations are related to payroll? Payroll What obligations are related to payroll? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents Health Insurance and Social Security Insurance (BPJS) are mandatory. The company and the employee, respectively, will bear a certain percentage. Another obligation is tax withholding. The percentage and type of taxes vary from case to case. Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog Do Indonesian employees and foreign employees pay the same income tax? Personal Income Tax Do Indonesian employees and foreign employees pay the same income tax? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents Yes, however, the calculation is different. Indonesian employees with Tax ID will have to pay the income tax based on the progressive rate after being deducted by non-taxable income tax. Foreign employees with Tax ID will have to pay the income tax based on the calculation between work periods in one year (after 183 days) Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog What kind of financial statements that InCorp manages? Accounting What kind of financial statements that InCorp manages? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents There are plenty of financials that InCorp manages. Among them are Trial Balance, Balance Sheet, and Profit & Loss Statement. Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog Should I submit tax reports if my company has been established but has no business activities? Company Income Tax | Tax Reporting Should I submit tax reports if my company has been established but has no business activities? InCorp Editorial Team 18 August 2023 1 minute reading time Table of Contents Yes, submitting monthly and annual tax reports is mandatory even if your company does not have any business activities, thus zero taxes. Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog Accounting Services in Indonesia Accounting Services in Indonesia InCorp Editorial Team 28 February 2024 2 minute reading time Table of Contents Why Choose InCorp Indonesia as Your Accounting Outsourcing Provider? Accounting Services in Indonesia With InCorp Accounting in Indonesia: Workflow & Timeline Schedule Why Choose InCorp’s Accounting Services in Indonesia? Why Choose InCorp Indonesia as Your Accounting Outsourcing Provider? To ensure all businesses in Indonesia have good financial health, the government requires them to comply with financial and tax reporting obligations. However, operating in a country that is riddled with complex regulation, you will need assistance from accounting experts with an in-depth understanding of Indonesia’s financial reporting standards. Outsourcing accounting services company from a trusted and competent partner such as InCorp can lift your financial and tax reporting burdens, so you have the freedom to scale up your business operations. Outsource your accounting Accounting Services in Indonesia With InCorp Operating from five branches – Jakarta, Bali, Semarang, Surabaya, and Batam – InCorp Indonesia offers accounting services in Indonesia of the highest quality and accuracy. Our seasoned accounting staff, who are well-trained with local business knowledge, can provide you with a detailed report as well as objective checks and balances, which will help you improve compliance. Talk to our experts Accounting in Indonesia: Workflow & Timeline Schedule Why Choose InCorp’s Accounting Services in Indonesia? 1HIGH-QUALITY SERVICE We constantly provide high-quality service by seeking to understand your issues and needs. Our solutions are personalized for each and every business. 2EXPERIENCED TAX SPECIALISTS We are the best at what we do through years of professional experience. InCorp has a team of accounting staff and tax specialists that have the right skills to get the job done while meeting clients’ satisfaction. 3COMPLETE PACKAGE We do not do things halfheartedly. To ensure client satisfaction, we offer a complete package that includes accounting services, tax reporting services, and auditing services. 4TIME & COST-SAVING Save time and minimize costs as you outsource your accounting and tax operations. Your internal talent can focus on business strategies that will help grow your business.