Indonesia’s tax system has undergone significant changes in recent years, particularly with the introduction of the PPh 21 TER regulation. As businesses and individuals adapt to a rapidly evolving financial landscape, it’s crucial to understand the updates in the regulation and how they affect both taxpayers and employers. What is PPh 21 TER? PPh 21 […]
In a bold step towards simplifying tax administration and improving compliance, Indonesia has introduced a new tax system called CoreTax. This overhaul of the country’s tax framework aims to modernize the tax system, streamline processes, and reduce the compliance burden on businesses. But what exactly is CoreTax, why is it a positive change for Indonesia’s
Indonesia’s New Tax System: CoreTax – 4 Benefits and Challenges for Business Owners Read More »
Indonesia, as a rapidly developing economy in Southeast Asia, has a complex regulatory framework designed to foster business growth, maintain transparency, and ensure accountability within its business ecosystem. One crucial aspect of this regulatory landscape is the obligation for companies, even those without any financial activity, to comply with mandatory annual tax reporting and submit
As Indonesia approaches 2025, the country finds itself at a crossroads, poised for transformation on multiple fronts. With a new president taking office, groundbreaking regulatory reforms underway, and a shift in tax policies that promises to reshape the business landscape, Indonesia is heading toward an era of economic growth driven by innovation, sustainability, and global
In a significant move aimed at boosting state revenue, Indonesia has increased its Value Added Tax (VAT) rate from 11% to 12%, effective January 2025. This change marks one of the most important tax adjustments in recent years and comes as part of broader efforts to strengthen Indonesia’s fiscal position and support its growing economy.
Indonesia’s VAT Increase to 12%: What It Means for Investors and the Economy Read More »
CONTACT US NOW Indonesia’s Investment Appeal: A Magnet for Foreign Entrepreneurs Attention, astute businessmen and visionary investors! Are you seeking the ideal destination for your next foreign direct investment (FDI)? Look no further than Indonesia. In this compelling article, we unravel the myriad reasons why Indonesia stands tall as a top choice for FDI, offering
Indonesia’s Investment Appeal: A Magnet for Foreign Entrepreneurs Read More »
