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Utilization of Tax Incentives Realization Report
Utilization of Tax Incentives Realization Report - The Directorate General of Tax released a new regulation that provides an explanation and procedure for submitting reports on the realization of the use of tax incentives for taxpayers affected by the covid-19 pandemic. The...
How Employer of Record Could Boost Your Business
How Employer of Record Could Boost Your Business - When you employ remote workers or assign employees overseas, most countries will require you to have a local corporate entity to run payroll and comply with all labor and tax laws. Unless you are ready for the time and cost...
The Differences between PEO and EOR
The Differences between PEO and EOR - PEO (Professional Employer Organization) and EOR (Employer-of-Record) in recent years are often used interchangeably in HR as a service that helps companies to expand locally and / or internationally. So the use of the terms "PEO" and...
Annual Tax Reports Set by DGT when Pandemic Covid-19
Annual Tax Reports Set by DGT when Pandemic Covid-19 - In early 2020, the Directorate General of Tax (DGT) prepares to welcome the annual routine, which is the receipt of the Annual Tax Return (SPT). In accordance with the principle of self assessment, taxpayers who meet...
The Importance of Using the Right Payroll Outsourcing Services
The Importance of Using the Right Payroll Outsourcing Services - Outsourcing payroll might look familiar to some people. This term is indeed not very well known by ordinary people but for those of you in the world of work, of course already familiar with this term. In this...
Why is an Accountant Needed in a Company?
Why is an Accountant Needed in a Company? - What is Accounting? Accounting is the activity of recording, processing and presenting data, ranging from transactions and events related to finance to the formation of financial statements. In the accounting classification has a...
Prevention of Covid-19 Pandemic
Prevention of Covid-19 Pandemic - Coronavirus transmission occurs from children, adults, to the elderly can be affected by the disease with the official name COVID-19. In Indonesia, the government has also announced that there are corona positive patients. This news...
Omnibus Law for Better Investment
Omnibus Law for Better Investment - All countries are competing to attract investment, including Indonesia by creating an Omnibus Law to simplify convoluted and overlapping rules. There are 79 laws in Omnibus Law, with 1,244 articles. Simplifying and harmonizing laws is not...
What is Investment Realization Report or LKPM?
What is Investment Realization Report or LKPM? - Based on Law No. 25 of 2007, Investment Realization Report which includes the development of investment and the obstacles faced by investors are regularly submitted to the Investment Coordinating Board (BKPM) and the regional...
Benefits and Limitation of Wages for Pension Program 2020
Benefits and Limitation of Wages for Pension Program 2020 - Pension program from BPJS is social security that aims to maintain a decent standard of living for participants and/or their heirs by providing income after participants retire, suffer permanent total disability, or...
Index Visas In Indonesia
Index Visas In Indonesia - In addition to a passport, a visa is also needed for someone to travel abroad. A visa is an official document issued by a country that contains a permit to allow someone to enter the territory of a country. But not just any visa can be used to...
The Negative Investment List Becomes Positive Investment List
The Negative Investment List Becomes Positive Investment List - In order to invest in Indonesia, investors must comply with some particular regulations made by the government, especially regarding what type of business will be established. Although the government welcomes as...
Paid-up Capital and Investment of PT PMA
Paid-up Capital and Investment of PT PMA - In Law No. 25 of 2007, everything is regulated regarding Investment. And based on Article 5 Paragraph (2) of this Law, there is an Investment Law (UUPM) which states that foreign investment in Indonesia must be present in the form...
Now Investors Do Not Need Visa Recommendations
Now Investors Do Not Need Visa Recommendations - The Investment Coordinating Board (BKPM) integrates Online Single Submission (OSS) and the Immigration Information and Management System (SIMKIM) under the Directorate General of Immigration. The integration of this system...
Deportation of Foreign Citizens and Procedures for Banning Revocation
Deportation of Foreign Citizens and Procedures for Banning Revocation - Deportation Deportation of Foreign Citizens according to Article 1 number 36 of Law Number 6 of 2011 concerning Immigration is a forced act of expelling foreigners from Indonesian territory. Foreigners...
Immigration Letter (SKIM)
Immigration Letter (SKIM) - Immigration Letter or so-called SKIM is an immigration document that contains information about the period of stay of foreign citizens in the territory of the Republic of Indonesia for 5 (five) consecutive years or 10 (ten) non-consecutive years...
Fine Provisions For Overstay Foreign Citizens
Fine Provisions For Overstay Foreign Citizens - Exceeding the period of stay permit in a country has its own rules and policies, it also applies in Indonesia. The new fine rules for foreign nationals that exceed their current stay permit limit are tighter compared to the...
Indonesia Immigration develops QR Code Stickers for Foreign Stay Permits
Indonesia Immigration develops QR Code Stickers for Foreign Stay Permits - Directorate General of Immigration, Ministry of Law and Human Rights developing the use of Quick Response Code (QR Code) stickers affixed to the passports of foreign nationals who wish to enter...
The Importance of KITAS and KITAP for Foreigners in Indonesia
The Importance of KITAS and KITAP for Foreigners in Indonesia - KITAS & KITAP or Limited/Permanent Stay Permit Card are needed if foreigners want to work and stay in Indonesian territory for a short or long period of time. KITAS & KITAP can be renewed as needed...
Tax Payment Slip
Tax Payment Slip - Tax Payment Slip or SSP, has long been known by the public, especially among taxpayers. Tax Payment Slip is proof of tax payments that have been made through filling out forms intended for the state treasury through the payment location determined by the...
Increase of BPJS Healthcare Premiums
Increase of BPJS Healthcare Premiums - The news for your company that has been registered as a BPJS participant, does your company provide BPJS healthcare for its employees as their benefit? If yes, starting as of January 1, 2020, through Presidential Regulation (PERPRES)...
Stay Permit Of Inter-State Marriage That Has Been Divorced
Stay Permit Of Inter-State Marriage That Has Been Divorced - Ups and downs in marriage is a sure thing. Especially if our spouse comes from a different country. Bickering often starts because of cultural, racial and nature of character differences. The worst possibility can...
Police Report and Expatriate Identity Card for KITAS Holder
Police Report and Expatriate Identity Card for KITAS Holder - To stay in Indonesia, it’s not only finished until the KITAS itself. Some people are misunderstood that to legally stay and work here it only needs Work and Stay Permit (KITAS). The reality is not, the expatriate...
Permanent Stay Permit for Foreigners in Indonesia
Permanent Stay Permit for Foreigners in Indonesia - Before applying for a work permit or stay permit, you need to pay attention to the procedures of each permit as some foreigners are confused between the KITAS (Limited Work and Stay Permit) and KITAP (Permanent Stay Permit)...
No Income but Still Need to do an Individual Annual Tax Report?
No Income but Still Need to do an Individual Annual Tax Report? - Even though the Taxpayer is not working or doesn’t have any income or considered as a non-taxable income, the Taxpayer is required to report the Annual Tax if the Taxpayer still has a Tax ID. But if the...
Year-End Tax Planning
Year-End Tax Planning - Towards the end of the tax year, there are several obligations that must be fulfilled by the taxpayer. We will share how you should plan it here. Review all taxes that will be owed, starting with Article 21 Income Tax, Withholding Tax, corporate...
Student Visa and Stay Permit for Foreign Student in Indonesia
Student Visa and Stay Permit for Foreign Student in Indonesia - According to QS World University Ranking, some of the universities in Indonesia are currently listed within the top 500 best universities in the world. It makes numbers of foreign students considers to continue...
Indonesian Employment Contracts
Indonesian Employment Contracts - PKWT is an abbreviation for Perjanjian Kerja Waktu Tertentu (specific time employment agreement). Whereas PKWTT is Perjanjian Kerja Waktu Tidak Tertentu (indefinite time employment agreement). According to Article 1 number 14 of Law No. 13...
OSS 1.1 is Officially Launched
OSS 1.1 is Officially Launched - The government continues to boost efforts to simplify investment licensing. Identification of problems in the regions that are considered to hamper investment over the past year has been completed. This can be seen in the Online Single...
Indonesian Director in Foreign Owned
Indonesian Director in Foreign Owned - Based on a limited liability company law, every limited liability company including a foreign owned limited liability company must have at least one director, one commissioner, and two shareholders. The question is it mandatory to have...
Online Seller Must Have Business License Starting 2020
Online Seller Must Have Business License Starting 2020 - The government through the Ministry of Trade highlights the rapid growth of online sales in e-commerce platforms. The rapid growth makes the government requires all business people who sell on e-commerce platforms to...
Revocation of Indonesian Citizenship
Revocation of Indonesian Citizenship - Based on Citizenship Act Number 12 Year 2006, it is stated that citizenship status can be revoked when someone has taken an oath of loyalty to another country and get citizenship status from another country. But how does the process of...
Vehicle Ownership for Foreigners in Indonesia
Vehicle Ownership for Foreigners in Indonesia - If you are a foreign citizen and want to have a vehicle in Indonesia, this information that we are sharing might be useful to you. Let’s start with the first question, is it allow for a foreigner to own a vehicle in Indonesia?...
Virtual Office Regulations
Virtual Office Regulations - Virtual Office aren’t anything new in Indonesia, but it’s still trending and become the future of office industry. A virtual office enables businesses to have many of the benefits of a physical office but without any actual space or desks. Now,...
2019 Annual Tax Reporting
2019 Annual Tax Reporting - Time to report the annual tax is coming! 2019 annual tax reporting will be over and the obligation to report the annual tax for company and individual is approaching soon. What you should know about reporting this annual tax in Indonesia? 1....
PNBP Limited Stay Permit Indonesia
PNBP Limited Stay Permit Indonesia - Non-Tax State Revenues (PNBP) for Indonesia Limited Stay Permit (Izin Tinggal Terbatas/KITAS) are different for each type of KITAS. Previously, all PNBP are being paid in the Indonesian Embassy of the applicant’s country. Now each PNBP...
Two Citizenships for Mixed Child (Affidavit)
Two Citizenships for Mixed Child (Affidavit) - It’s quite many to find a local Indonesian who gets married to a foreigner in Indonesia. When they got married and preferred to live here instead of in the spouse’s country, then the parents can register their kid to have two...
Newborn Stay Permit Indonesia
Newborn Stay Permit Indonesia - Many foreigners live and work in Indonesia, either the ones with a family and bring their family with them or they live separately as the family lives in their home country. But if the ones who are planning to give birth in Jakarta for example...
What are Exit Permit EPO and ERP for?
What are Exit Permit EPO and ERP for? - There are a lot of job opportunities in Indonesia which allow local people or expatriates to work in this area. For the expatriates, of course they need a working permit or KITAS to work legally in Indonesia. The usual employment...
How to Get Married with Indonesian as a Foreigner
How to Get Married with Indonesian as Foreigner - Generally in Indonesia, the marriage cannot be in different religion, either one of them needs to convert to the partner’s religion so they can move forward to the marriage process. To get married with an Indonesian as a...
Inviting Artist from Foreign Country to Indonesia
Inviting Artist from Foreign Country to Indonesia - So many concerts have been held in Indonesia by inviting artist from the USA, South Korea, Japan, and Europe. To invite foreign artists, as the promotor, needs to organize a working permit for the artists they invite. The...
How Indonesia Payroll Works?
How Indonesia Payroll Works? - When the company is growing, hiring employees might be needed to streamline the business process. As an employer, knowing how to manage payroll for your employees is important since it isn’t nearly as simple as just paying salaries. In...
Expatriates Need to Register BPJS to Work in Indonesia
Expatriates Need to Register BPJS to Work in Indonesia - Some of the foreigners still don’t know or never heard about BPJS. BPJS is a Social Insurance Administration Organization owned by Indonesian Government. BPJS itself has 2 types, healthcare (BPJS Kesehatan) and social...
Withholding Tax in Indonesia
Withholding Tax in Indonesia - So many types of withholding tax (PPh) applied in Indonesia, such as Article 21, Article 22, Article 29, and Article 25. Let’s discuss each of Article. Withholding Tax Article 21 This tax will be charged to any kind of income such as salary,...
Issuance of Expatriate Employment Permit (IMTA) in Indonesia
Issuance of Expatriate Employment Permit (IMTA) in Indonesia - Working permit procedures in Indonesia now only use Expatriate Placement Plan (RPTKA) but there are different procedures to get that permit depends on the position of the foreigner. For example, shareholder,...
Employment Visa Indonesia
Employment Visa Indonesia - Foreigners who are planning to work in Indonesia usually confused if the employer asks them to do so. First thing that comes to their mind is “Do I need a visa?” and then they start to look over it on Google. But, some of the information seem like...
Import Your Goods to Indonesia as a Trading Company
Import Your Goods to Indonesia as a Trading Company - Foreigners who want to establish a trading company in Indonesia and prefer to import gods directly from their country, there are steps that you need to follow: Establish a legal entity in Indonesia Register the business...
Obtaining Fintech P2P Lending License
Obtaining Fintech P2P Lending License - In Indonesia, Fintech is one of the most popular businesses for start-ups. But, the current fintech lending companies, for example, so many of them are still illegal, so only 127 companies are registered based on the latest information...
Indonesia Visa on Arrival or Visa-Free?
Indonesia Visa on Arrival or Visa-Free? - Foreigners who are planning to visit Indonesia and confused about which kind of vsa should they choose between Visa on Arrival or Visa-Free, here we tell you about what is the difference between those kinds of visa. 1. Visa-Free...
The Difference Between Indonesia Visit Visa and Multiple Visit Visa
The Difference between Indonesia Visit Visa and Multiple Visit Visa - If you’re planning to come to Indonesia for holiday, family visit, cultural, short course, giving consultation, business meeting, or even for looking for a potential partner, depends on how often you will...
The Importance of Using EFIN
The Importance of Using EFIN - Various facilities are given in the tax reporting process. One of them is using the Electronic Filing system or Tax e-Filing. Annual Tax Reporting (SPT) online is made so people don't need to queue for the tax reporting process. The taxpayers...
Taxable Entrepreneur (PKP) Regulation for Virtual Office
Taxable Entrepreneur (PKP) Regulation for Virtual Office - Creative industries will not be burden by the domicile matter. The Indonesian government already gives fresh air for them that now Virtual Office can be used for PKP. In the beginning, this Virtual Office used to...
Virtual Office Simplify Creative Industries
Virtual Office Simplify Creative Industries - Vrtual Office Simplify Creative Industries Living in the millennial era makes Virtual Offce so popular. Virtual Office becomes an alternative for creative industries which has significant growth for showing a positive trend. One...
Disturbance Permit is Still Needed or Not?
Disturbance Permit is Still Needed or Not? - The Indonesian Ministry of Home Affairs issued Circular Letter No. 503/6491/SJ about the removal of Disturbance Permit (HO) which signed by the Home Affairs Minister, Thahjo Kumolo. This Circular Letter is issued in purpose to...
DPKK Exemption for Investor Stay Permits
DPKK Exemption for Investor Stay Permits - If you are investors who hold a position as shareholders, directors, or commissioners with share ownership more than IDR 1,000,000,000 or shareholders who are not the directors or commissioners of the company but own the shares more...
How to Live Legally in Indonesia as Foreigners?
How to Live Legally in Indonesia as Foreigners? - Speaking of how to live legally in Indonesia, you need either to work under a legal entity in Indonesia or have an Indonesian spouse. If you have an Indonesian spouse, you must obtain Spouse KITAS (limited stay permit) which...
How to Have Property for Foreigners in Indonesia?
How to Have Property for Foreigners in Indonesia? - Some of us might be confused about how to buy and own the property in Indonesia, either to buy an apartment or house. The reason for foreigners to own this property, mostly to do the investment, as this type of investment...
These Business Entities Cannot Use A Virtual Office, Why?
These Business Entities Cannot Use A Virtual Office, Why? - Most of the entrepreneurs prefer to use a Virtual Office these days and so many coworking spaces have that kind of services so it makes them easier to get an office address as one of the company setup requirements....
Corporate Income Tax rate and Facility
Corporate Income Tax rate and Facility - The responsibility to calculate, deposit and report the Income Tax Due is an implementation of the self-assessment system in Indonesia, no exception for the Corporate Taxpayer. Corporate Income Tax will be charged after the fiscal...
Worry-free Without Letter Of Domicile
Worry-free Without Letter Of Domicile - Talking about Letter of Domicile for your company establishment license, our local government updated the regulation that now, we don’t need to use Letter of Domicile or Surat Keterangan Domisili, both for Surat Keterangan Domisili...
Difficulties of Doing Business in Indonesia
Difficulties Doing business in Indonesia - is not as easy at it sounds, especially setting up the foundation of the business. Even-though Indonesia has a lot of natural and human resources but still, sometimes the foreigners find it difficult to figure out how to start the...
Top 5 Tips for Choosing Visa Agent in Indonesia
Top 5 Tips for Choosing Visa agent in Indonesia - Thanks to the booming of tourism and the rapid development of Indonesia, a growing number of tourists can be seen in many regions of this stunning archipelago. Not only for visiting, but Indonesia has also become an ideal...
ABOUT INDOSERVICE
Indoservice was established in 2015 and helps clients who want to expand or establish a business in Indonesia. We have been providing services to several local and multinational companies.
CONTACT US
Plaza Mutiara 8th Floor
Jl. DR. Ide Anak Agung Gde Agung
Kuningan Timur, Jakarta Selatan 12950
Indonesia
