How to Ensure Accounting and Tax Compliance in Indonesia: The Shortcuts

To successfully run a business anywhere in the world, you need to comply with the applicable laws and regulations. In Indonesia, ensuring compliance is required from the outset when registering your company and throughout its operation, including accounting and tax compliance.

After having your company legally registered in Indonesia, one of the next steps that you need to undertake is focusing on developing and implementing strategies for business growth and success.

As such, non-generating tasks like accounting, as well as tax filing and reporting, can be outsourced to experienced and knowledgeable specialists who possess the necessary expertise. This way, you won’t have to worry about meeting deadlines, fulfilling obligations, and staying up-to-date with the latest regulatory changes.

However, familiarising yourself with everything related to accounting and tax is essential. It is impossible to run a business without some knowledge of the business environment and every aspect within it.

Without further ado, here is a comprehensive guide that contains all the essential information you need to know about accounting and tax compliance in Indonesia, all in one place.

Accounting and Tax Compliance in Indonesia: The Shortcuts

Before diving into any other discussions, the best way to start is:

• Get yourself familiar with the basic and common terms used in accounting, tax and bookkeeping in Indonesia

Then, it would be nice also to know other matters on accounting and taxation for tax compliance purposes in Indonesia:

• Accounting and tax reporting
• Tax schedules, penalties, and audit
• Corporate and personal income taxes
• Value Added Tax
• Tax return reporting
• Tax clearance certificate
• Tax incentives
• Common tax infringements

Finally, as briefly discussed above, outsourcing tax and accounting tasks to experts will bring benefits to a business. Below, you can read through the benefits of outsourcing in Indonesia and why every business needs it.

• Outsource an accounting department for these 8 reasons
• The major benefits of tax outsourcing
• Doing business in Indonesia: hiring or outsourcing?
• Grow your business through outsourcing
• 7 signs you’ve chosen the wrong outsourcing provider

Outsourcing to InCorp as the Solution

There is no doubt that business process outsourcing, be it accounting and tax or other non-generating tasks, will be beneficial to your business, regardless of type and size.

As a leading consulting and outsourcing company in Indonesia, InCorp has a team of dedicated tax and accounting specialists. Possessing in-depth knowledge and years of experience, our professionals are more than happy and ready to ensure seamless business operations through compliance and elevate your business to the next level through quality outsourcing services.

Discuss your business process outsourcing needs to ensure tax and accounting compliance in Indonesia with us now. Fill in the form below to get started.