Tax Consulting Indonesia – why it is important for your business
The consequences of filing incorrect tax reports may lead to further investigation by the authorities. Tax and accounting services in Indonesia are shortcuts to fulfilling these administrative obligations with high accuracy in a timely manner.
With extensive knowledge of local policies, tax consultants in Indonesia can also help you save time and money, so you do not have to keep up with the latest regulation changes yourself.
Tax Consulting with InCorp Indonesia
InCorp takes pride in its staff of experienced accountants and tax consultants in Indonesia, who are well-trained and have local business knowledge. Operating from our branches in Jakarta, Bali, Semarang, Surabaya, and Batam, we provide tax consulting services that are tailored to your specific needs.
With our assistance, you may save resources on recruiting, training, or accounting software and spend them on daily operations that can scale up your business.
Types of Tax in Indonesia
The Indonesian government collects personal income tax from all residents based on their income such as salaries, interests, dividends, pensions funds, and other sources. Although personal income tax in Indonesia is charged to earners, it is their employers that are responsible for calculating and paying taxes to the authorities. Employers should pay these taxes on behalf of the taxpayers every month. It should be noted that tax residents that do not have an Indonesian Taxpayer ID (NPWP) may be charged with higher rates.
Indonesia’s corporate income tax is charged to any business entity earning their income in the country. Despite most companies being charged with a flat rate, some specific business lines have their own corporate income tax rates. Contact our tax consultants for more detail.
Most goods and services in the Indonesian market are subject to Value-Added Tax (VAT) or locally known as Pajak Pertambahan Nilai (PPN). VAT in Indonesia is imposed on each production stage. Companies that are considered Pengusaha Kena Pajak or PKP, must report their VAT and related business activities on a monthly basis.
In addition to VAT, import tax in Indonesia can also be imposed on goods and products that originate from overseas. However, there are conditions where this obligation can be exempted, subject to the type of products, regions, or a goods’ country of origin.
Workflow & Timeline Schedule
Why Choose InCorp Indonesia as Your Tax Outsourcing Provider?
HIGH-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.
EXPERIENCED 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 it done will not stop until they reach the client’s satisfaction.
COMPLETE 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.
TIME & 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.
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.
Get in touch with us.
Frequent Asked Questions
The rates vary based on company's gross turnover. But the normal rate is 25%.
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.
For individuals, the deadline is 31 March. For companies, the deadline is 30 April.
Yes, you will receive an administrative penalty for delaying or not correctly and promptly filing the tax report.