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Get assistance from experts with a decade of experience in assisting international business owners expanding into Indonesia.
Avoid any bureaucratic complexity when closing your company by engaging with our experienced legal advisors.
What type of legal entities should you choose to register a company in Indonesia? We can assist you in choosing which is the best one to grow your business.
To help businesses survive during this unfortunate time, InCorp provides corporate recovery in Indonesia and insolvency services.
Granting an environmental permit in Indonesia needs an Environmental Impact Analysis (AMDAL) in advance.
Obtaining property & land ownership in Indonesia offers some challenges for foreigners. However, buying property in Indonesia is attainable with specific resources and documents.
Recent regulatory changes have a knock-on effect on Indonesia's Merger & Acquisition landscape. Check on how we can navigate you through your M&A in Indonesia.
InCorp provides Virtual Office services Indonesia in various locations: Jakarta, Bali, Semarang, Surabaya, and Batam.
Business process outsourcing in Indonesia is a viable option to streamline bureaucratic complexities that hurdle your business expansion objectives.
InCorp offers a complete range of accounting service Indonesia, from tax reporting to auditing.
With professional financial audit services from InCorp, you can ensure all accounting activities are accurately recorded and compliant with Indonesian regulations.
Using an Employer of Record service to set your roots in Indonesia opens the doors to new opportunities in the country.
Financial and Operational Resilience services from InCorp are developed to support businesses and help them survive during this difficult time.
Payroll services in Indonesia are a practical solution to avoid unnecessary complexities while you focus on growing your business.
Using a recruitment agency in Indonesia will help you hire the best candidates for your company, saving you time and money.
Tax consulting in Indonesia are the shortcuts to fulfill the administrative obligations with high accuracy and in a timely manner.
The Indonesian government promotes tax holidays as one of the fiscal incentives to attract major foreign direct investment in Indonesia.
Operating businesses in Indonesia, entrepreneurs must comply with the regulations accordingly, especially concerning taxes.
Immigration in Indonesia is one of the strictest and most complex processes due to its ever-changing regulations. InCorp provides a seamless experience in obtaining your stay and work permits.
Avoid any hassles by engaging with an experienced visa agent in Indonesia.
A dependent visa Indonesia is a document that allows foreigners to bring their family while settling down in the country.
Investor KITAS Indonesia is a stay permit that offers many benefits to investors that invest in the country.
Overseas Visas are required for Indonesians who are planning to stay abroad for an extended period of time.
KITAP is a permanent stay visa for foreigners who have intentions to stay in Indonesia.
Foreign retirees often find their plans stuck due to the complex visa application process. InCorp helps expedite the process.
Obtaining a social visa is daunting if you are not familiar with the country’s complex bureaucratic processes. Consult with us for a seamless Indonesian visa application experience.
Foreigners married to an Indonesian citizen are eligible for a spouse-sponsored KITAS.
Learn how to obtain an Indonesian tourist visa seamlessly and securely, directly from a trusted visa and travel agent.
Get assistance from a trusted visa agent in Indonesia to make your traveling plan to Indonesia even more convenient.
Expedite your Indonesian work permit application process by engaging with a trusted visa agent.
All imported goods must obtain permission granted by specific governing bodies prior to entering the local market.
Learn more about the cosmetic product registration services in Indonesia.
Learn more about exporting goods to Indonesia.
Learn more about the food & beverage product registration services in Indonesia
Learn how to go through halal certification in Indonesia directly from experts successfully.
Learn more about the health supplement product registration services in Indonesia.
Learn more about the household product registration services in Indonesia.
Learn more about importing goods from Indonesia
An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner.
Learn more about the medical device registration services in Indonesia.
Register a trademark is necessary to avoid legal issues in the future. InCorp can help you with Trademark Registration services in Indonesia.
Compliance is one of the most challenging parts of business overseas, especially in a country packed with complex bureaucratic processes such as Indonesia.
Updating business documents to align with your company’s growth can be a hassle.
Due Diligence services are needed to assess the credibility of the company or partner you wish to work with or acquire in Indonesia
From Company Regulations to Employment Agreement Drafting, Employment law services from InCorp will help you to compliance with employment policy in Indonesia.
InCorp’s legal consultation services in Indonesia are crafted to help your business settle and fully comply with the latest regulations.
Organizations must continuously evolve and transform to remain competitive and relevant in todays global environment ...
Companies face many opportunities and challenges as a result of a changing market and regulatory landscape ...
Adopting Environmental, Social, and Corporate Governance (ESG) practices can improve your company’s value ...
Risk Management services from InCorp Indonesia can assist companies in building confidence when making future business decisions ...
Transfer Pricing in Indonesia occurs when a company performs an internal transaction within the same business group or its subsidiaries
InCorp's transfer pricing advisory services in Indonesia are marked by the objective to support our clients' business needs.
Our transfer pricing services provide you with a hassle-free experience while still complying with the legal aspects of transfer pricing in Indonesia.
As the market-entry consulting firm in Indonesia, InCorp provides a wide range of customized solutions to ease the business incorporation process.
Both natural and legal persons are entitled to open a bank account in Indonesia. Find out how to open a bank account in Indonesia, here.
InCorp can help you find a trusted Buying Agent Indonesia for product sourcing in Indonesia. Contact us now for a free consultation.
InCorp can help foreigners to get the driving license in Indonesia, whether SIM A or SIM C. Check out the requirements and the procedure, here.
IMEI Registration in Indonesia is necessary to ensure telecommunication devices from abroad can function properly in Indonesia.
With offices in Jakarta, Bali, Semarang, SUrabaya, and Batam, InCorp is ready to assist you as a local partner and distributor in Indonesia.
InCorp can help you to select the trusted local partners to import and distribute your products in Indonesia.
Improve your business by knowing the market conditions in Indonesia through market research services in Indonesia.
InCorp can help you gain information about your competitor's product through mystery shopping.
We are now entering tax filing season for 2018. If you are still confused and wonder how to go about this time-consuming task, you are not alone. Hundreds of thousands of individuals and companies feel the same as you do, and annual tax return in Vietnam becomes a nightmare of many entrepreneurs.
According to the World Bank’s Ease of Doing Business, the administrative requirements of Paying Taxes in Vietnam are some of the more demanding in the region and the world. The average Vietnamese company can spend about 500 hours on the tax reporting activities throughout the year (compared to Singapore 50 hours).
The consequences of omitting to submit the annual tax return can be severe and affect business operations. As the deadlines for tax filing in Vietnam is approaching, in this article, you will know some essential information for annual corporate income tax and annual filing obligations in Vietnam.
This is a tax paid by taxpayers in Vietnam on the income earned by individuals. Taxpayers pay their personal income tax based on different rates according to their annual earnings in Vietnam.
The progressive tax rates for tax residents of Vietnam range from 5% to 35%.
These individual taxpayers in Vietnam are eligible for tax refunds on the personal income tax.
Related article: 5 Challenges of Accounting and Tax Compliance in Vietnam
Corporate income tax in Vietnam, also known as corporation tax or company tax, is levied on both foreign as well as domestic companies. Just like personal income tax, businesses are required to pay taxes for their income earned in the companies.
The corporate income tax rate is based on estimates and by annual settle declaration. The standard corporate income tax rate is 20%. It is paid every quarter (every three months). For overpayments and underpayments, the balance will be settled every year.
Foreigners and investors shall take note that tax incentives are available when registering a company in Vietnam.
Besides the standard tax rate of 20%, tax rates of 32% to 50% apply to enterprises involved in the oil and gas industry. Their absolute tax rate is determined based on the specific project conditions and location.
The tax rates can also go as high as 40 or 50 percent for companies involved in the exploration and exploitation of mineral resources – the exact tax rate is based on the project location as well.
Companies in Vietnam are able to get a tax refund on corporate income tax as well. The reimbursement is on an annual basis.
Check also: Tax Incentives in Vietnam: A Comprehensive Guide
The tax compliance deadline for all tax individuals and companies to remember is not later than 90 days from the fiscal year end. Most companies use the calendar year as it is a standard tax year in Vietnam and businesses are obliged to notify the tax authorities when a different tax year than the calendar one.
Companies that fail to report their tax timely will face a different levels of penalties based on the days of overdue – a fine from VND 700,000 to VND 25 million (US$ 30 – US$ 1,100). Moreover, your company business license can be repealed anytime if you neglect your tax report and the fines.
As a result, it is common for companies and corporate to come up with proper tax planning with their consultant. Tax filing and reporting outsourcing to a reliable agency in Vietnam is a surefire way to prevent any hefty expenses and tax mishaps in the future.
You might also want to check: 5 Challenges of Accounting and Tax Compliance in Vietnam
Accurate corporate tax filing and reporting in Vietnam becomes very easy when you have professional assistance. This is where Cekindo can help.
Contact us now, and our team of experts will assist you to meet the tax requirements in Vietnam with the maximum tax benefits. We will make an annual tax return in Vietnam as efficient as possible.