Saturday, October 10, 2026
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Jakarta

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Can You Correct a Tax Assessment in Indonesia Without Filing an Objection?

An incorrect Indonesian tax assessment does not always require a formal objection. Certain errors can be corrected through a separate procedure with the Directorate...

Indonesia’s 0.5% Marketplace Income Tax: What Foreign-Owned Businesses Need to Know

Indonesia began collecting income tax (PPh Article 22) from domestic sellers through designated online marketplaces on October 1, 2026. Appointed marketplace operators collect income...

How Can Foreign Investors Protect Decision-Making Control in an Indonesian Joint Venture?

Foreign investors can protect decision-making control in an Indonesian joint venture by structuring voting rights, reserved matters, board representation,...

Indonesian Tax Consequences of Selling Shares in a PT PMA

Foreign investors selling shares in an Indonesian foreign-owned company (PT PMA) may be subject to Indonesian income tax, even...

Calculating Employee Salary During Unpaid Leave in Indonesia

Employers in Indonesia can deduct wages during agreed unpaid leave, provided the arrangement complies with Indonesian employment law. The...

How Can Audit Issues Affect M&A and Corporate Transactions in Indonesia?

Audit issues can affect the valuation, negotiation, and completion of mergers and acquisitions (M&A) and other corporate transactions in...

Accounting Treatment of Intercompany Transactions in Indonesia

Foreign-owned companies in Indonesia frequently transact with their parent companies, regional headquarters, and other group entities through service charges,...

What Currency Should a Foreign-Owned Company Use for Bookkeeping in Indonesia?

A foreign-owned company in Indonesia generally keeps its bookkeeping in Indonesian rupiah (IDR). However, a foreign-owned limited liability company...