Cekindo Business International is now InCorp Indonesia. Learn more.
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 today’s 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.
Taxation is always a complex process especially Indonesia Tax reporting where many laws and regulations govern it. Take, for example, how to calculate the income tax for both corporate entities and individuals such as employees.
Under the taxation laws, the length of the residency matters. You are considered a resident of the country if your business has a domicile here or you’ve stayed here for more than 183 days within a 12-month period. You are also a resident if you have a work permit or have the intention to reside in Indonesia.
How do these points affect your tax? If you’re a PT PMA company with a domicile here, your tax will be based on your worldwide income. Otherwise, it could be only on the gross revenue generated in the country.
Besides knowing the regulations on how to determine your tax, you also need to remember when to file your tax returns.
Individuals and companies that generate income in the country should pay taxes and file the correct returns. Note that for companies, they are required to report the tax monthly even with the business having no activity or transactions, where the concept of zero tax reporting is applied. In Indonesia, two systems run concurrent. Employers will withhold taxes of their workers (regardless whether they’re local or foreign), while employees have to file their own as well.
The question is when to do the Indonesia tax reporting. Note that there’s a difference on when to file and pay your taxes. Use the following as your guide:
When to File:20th of the following month (monthly), end of the fourth month after the end of the tax year (annual)
When to Pay: 15th of the following month
When to File:20th of the following month (monthly), end of the third month after the end of the tax year (annual)
When to File:end of the next month
When to Pay: before the deadline of the VAT return
When to File:20th of the following month
When to Pay: 10th of the following month
With all these dates to remember and the possibility you don’t have enough money to cover for the taxes, it’s possible you cannot pay them on time. The government, fortunately, can give you some concessions. For example, you can underpay, but you need to settle the remaining balance before you submit your annual tax return.
If you fail to submit your annual tax return on the deadline, you can request for a 2-month extension with the Directorate of General Taxation.
Taxes are one of the ways to keep any economy alive, and as such, penalties can be harsh for those who violate the rules from underpayment to late reporting and tax evasion. These sanctions can be in terms of surcharges or imprisonment.
Indonesia tax reporting and planning is just one of the long lists of responsibilities you need to do to be compliant with the government’s rules. You also have to maintain financial records like accounting books for a period of 10 years, as well as get your tax identification number called NPWP. Moreover, you need to have your books audited and even subject yourself to a tax audit.
All figures, meanwhile, should be expressed in rupiah while written records must be in Bahasa Indonesia.
The quickest, easiest, and most comfortable way to manage your taxation system is by letting experts take care of it for you, so you are able to run your core business operations.
Our company offerscomplete takeover of your taxation, accounting, and auditing. We also handle the paperwork and evenpayroll processing. Just tell us what you need and we’re here to give you the options.
Make your Indonesia tax reporting easy with Cekindo. Fill in the form below.
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.