|COVID-19 PANDEMIC: INDONESIAN GOVT. HAS OFFERED TAX INCENTIVES
To provide support for businesses and individuals during the COVID-19 crisis in Indonesia, the Minister of Finance has issued PMK 44/2020 regarding business sectors that are eligible for tax incentives.
There are 4 types of tax incentive applications that are valid from April to September 2020:
1. Zero payroll tax (tax art. 21)
2. 30% discount of Company Income Tax Installment (tax art. 25) or 0% Final Income Tax for SME (Tax PP 23)
3. Zero import tax (Art. 22) – Company is required to have a KITE License (Import for Tax Purpose)
4. Expedite VAT refund – In addition to having a KITE, this is applicable as well for companies stating overpayment on their VAT Return
For clients who are eligible, our tax consultants can provide consultation and tax incentive application services:
1. Tax Incentive Notification Letter (one time submission)
2. Payroll modification for zero payroll tax from April to September 2020
3. Realisation report from April to September 2020
Payroll processing in Indonesia is one of the challenges present companies face.
Ever-increasing business growth, administrative burdens and many routine changes in government regulation complicate payroll processes in the country. In fact, managing payroll requires a specific time investment, knowledge of local regulations, labour law— this is why in-house payroll processing can become quite complex.
It is also important to understand regulations related to tax and manpower in Indonesia because payroll computation will affect your reporting of tax and social security.
Cekindo is a professional outsourcing and payroll provider. We offer services to small, medium and large companies in Indonesia.
As a member of the global 3E Accounting network and being its representative for Indonesia, Cekindo guarantees that your raw payroll data are processed in accordance with the latest Indonesian regulations and will provide other assistance, such as tax advice and post payroll audits so that you can focus on your core business.
1. EXPERIENCED PAYROLL SPECIALISTS
Our team is full of payroll specialists that have been handling payroll for years. Moreover, we always keep up with the latest changes in payroll regulations.
2. SOLUTION TAILOR-MADE TO WORK FOR YOU
We do not believe in one-size-fits-all solution. We take the time to understand your business needs. That is why at the end we are able to craft a personalised payroll solution that perfectly suits your company.
3. COMPLETE PACKAGE
We will exceed your expectations as we offer a complete package that includes monthly payroll and tax computation, social security report, detailed payslips and salary, tax and BPJS payment, among others.
4. ONE POINT OF CONTACT
We understand the pain of talking to numerous people to resolve an issue. At Cekindo, we assign a single account manager to you, which will be your point of contact for every interaction you may have with us.
Focus on your core business and let Cekindo manage your monthly payroll processing! Fill in the form below or visit us in one of our offices and consult your payroll in Jakarta, Semarang or Bali.
What are the benefits of payroll outsourcing in Indonesia?
How much does Cekindo’s payroll outsourcing service cost?
The cost highly depends on several factors, such as company size, number of employees, a variety of services required and the payroll need frequency. We tailor our payroll outsourcing service to your specific payroll requirements.
Are there any other HR-related outsourcing services provided by Cekindo?
In addition to payroll processing and outsourcing, we also provide recruitment outsourcing that includes advertising job vacancies, interviewing candidates and conducting background check, and visa and work permit application.
Does payroll outsourcing need to take place at the start of a tax year?
No. It can take place at anytime of the year, when you are ready to transfer your payroll data.
Is payroll outsourcing suitable for all businesses?
Yes. Payroll outsourcing is suitable for all businesses, whether they are large, medium or small. At Cekindo we work with a range of businesses to provide the ideal payroll solutions.