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
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
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
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
Establishing a foreign company in Indonesia offers numerous opportunities, given the country’s strategic location and growing economy. However, understanding the visa types available for foreign employees is crucial for ensuring legal compliance and smooth operations. This guide provides an overview of the different types of visas that a foreign company
Establishing a foreign company in Indonesia can be a lucrative opportunity, given the country’s strategic location, large consumer market, and growing economy. However, navigating the legal and bureaucratic processes can be challenging. This guide provides a detailed overview of the steps involved in setting up a foreign company in Indonesia.
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