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InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
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.
Corporate Annual Tax Return, or SPT (Surat Pemberitahuan Tahunan), is a vital document that companies in Indonesia must file to report their annual tax obligations to the government.
The SPT allows companies to accurately declare their taxable income, deductions, and other pertinent financial information to the tax authorities.
This article aims to emphasize the significance of corporate tax reporting and provide guidance on how to report corporate annual tax returns (SPT) in Indonesia.
Corporate tax is a type of tax that is imposed on the profits earned by a company. The company’s taxable income is computed by deducting COGS, G&A, marketing expenses, and other costs from the revenue earned, which is used to determine the tax amount payable.
The corporate tax rate can differ considerably depending on the country, and some countries are known for having lower tax rates than others, which has led to them being labeled as tax havens.
Corporations may also use various methods such as deductions, subsidies, and tax loopholes to reduce their tax obligations.
The effective tax rate, or the actual amount of tax paid by a corporation, is generally lower than the initial statutory rate declared before applying any deductions, resulting in this outcome.
Read more: How to Determine Personal and Corporate Income Tax Indonesia
The corporate income tax is crucial to our economic and political systems. It requires corporations to pay taxes on their profits, generating significant revenue for governments to fund public services and infrastructure.
However, the importance of the corporate income tax goes far beyond simply generating revenue.
Advocates for corporate income tax argue that it is an essential tool for promoting tax fairness, reducing income inequality, encouraging responsible corporate behavior, and holding corporations accountable for their actions.
The Indonesian government imposes several taxes on corporate income. These taxes are levied on a company’s taxable income, which is calculated based on the company’s revenue minus the cost of goods sold, general and administrative expenses, selling and marketing expenses, research and development expenses, depreciation, and other operating costs.
There are different types of taxes on corporate income in Indonesia, the rates at which they are levied, and the rules that apply to their payment and reporting. The following part will explain further on each type:
Taxes on a company’s taxable income are imposed by considering its revenue minus operating costs, such as the cost of goods sold, general and administrative expenses, selling and marketing expenses, research and development expenses, depreciation, and other expenses.
Indonesia imposes various taxes on corporate income, each with different rates, payments, and reporting regulations. The subsequent section will elaborate on each of these types.
Companies operating in Indonesia must carefully comply with the rules and regulations surrounding these taxes to avoid any penalties or fines.
If you run a business in Indonesia, it’s essential to understand how to file an annual tax return.
Filing your tax return on time and with accurate information is necessary to remain compliant with tax regulations and avoid penalties.
In Indonesia, the tax authority requires companies to file an annual tax return for corporate income tax, known as SPT Tahunan PPh Badan.
This document summarizes the company’s financial information for the year and calculates the amount of tax payable based on the taxable income. Here are the steps to do so:
As the tax year ends, businesses should start filing their reports and pay careful attention to the deadlines. InCorp Indonesia (formerly Cekindo) also provides accounting and tax consulting services for those requiring assistance with such matters.
With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships.