As a business owner in Indonesia, do you find yourself often feel anxious about your tax reporting, filling, and other burdensome tax-related activities? We feel you because many companies struggle to comply with the Indonesian financial and tax regulations unless they choose to go on with tax outsourcing in Indonesia.
Indonesia has its own sets of tax laws which are applied to the entire country. You will have to submit a monthly and annual tax reporting to the tax authority in a timely manner, even if you do not have any tax liabilities or business activities recorded. Getting your tax reporting ready at the last minute is not only expensive. You may also put your company at the other side of the law.
By utilising tax outsourcing services, you will get immediate access to valuable resources and dedicated experts to handle all your tax issues more effectively.
This article highlights how outsourcing tax to the experts in Indonesia can benefit your business.
Tax season is a busy season for all accountants and account personnel in your company. Mistakes are sometimes unavoidable if you don’t have the human capacity to do so. Therefore, you may not be able to collect and organise your data well.
This is when tax outsourcing services play their role. Experts of tax outsourcing firms will make sure that all your customer data are gathered, organised and categorised properly.
Outsourcing tax services free up your worker’s schedule and allow them to focus on their main profit-generating activities. In addition, you and your employees will be able to generate more ideas and provide more important services to your customers.
In this advanced and technological era, not using the latest accounting software for all your tax and accounting activities can be a disaster for your company growth. However, accounting software can be expensive and you will need to update them from time to time.
Therefore, a more convenient solution is to engage a tax outsourcing services company in Indonesia. This is because they will always have the most recent version of system to ensure that your business meets all the tax requirements and fulfill the tax obligations.
It can be challenging for your internal tax accountant or personnel when it comes to more complex tax issues. They may have a hard time pinpointing the accurate tax incentives and deductions due to the lack of deeper knowledge. With outsourcing, you will gain access to the finance and tax expertise to help you recognise your tax eligibility that fit the tax rules.
You need someone you can trust and system that is secure for all sensitive tax and financial information. This way, you do not have the risk of being hacked and have your information exposed, which can be detrimental to your organisation.
By outsourcing tax and finance works to the experts, you will not have to worry about the security issue. These experts are trained to deal with cyber security with the latest technology and measures implemented in their agency.
Now that you have learned the major benefits of tax outsourcing in Indonesia, we will let you know further why Cekindo is the expert you can rely on:
Let’s discuss how Cekindo can help your business comply with the Indonesian tax laws and fulfil the tax obligations. Get in touch with us by filling in the form below. You can also visit our offices in Jakarta, Bali and Semarang.