Inter-company transactions between businesses are no longer limited by borders, meaning that they are now more complicated than ever before. Cekindo’s transfer pricing services, both compliance and advisory, make sure that your business are in compliance with mandatory local requirements and in accordance with international transfer pricing standards.
Transfer pricing in Indonesia is a method that sets the price for transaction and transfer between related parties, which can be between a company and a company or a company and an individual. The arm’s length principle must be implemented as the standard of transfer pricing method.
Since transfer pricing can be used to transfer assets and income between jurisdictions, all with favourable tax rates, tax authorities have now considered it a significant issue. With that being said, Indonesian tax authorities attempt to tackle the challenge by implementing detailed transfer pricing regulations and complex documentation requirements, among others.
If you wish that your salary is not withheld by the Directorate General of Taxes in Indonesia or to ensure the smooth process of other business activities, chances are you need to have a Tax Clearance Certificate. We’ve asked our team of tax specialists at Cekindo to compile the necessary information you need to know …
Whether you are a small business, a large corporation, or a business professional in Indonesia, there are accounting, tax and bookkeeping terms you must know. Accounting, tax, and bookkeeping are such crucial parts of any business in Indonesia, and it is always a good idea to have an understanding of the basic terms. No matter …
It may be old, but the adage has always remained true and relevant: one of the constant things in the world is taxes – even capital gains tax Indonesia. It doesn’t matter which country you go to. In some way or form, you will pay for it. Indonesia is no different. Whether you’re an employee, …
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