The taxation system in Indonesia is made up of several levies which apply to both companies and individuals. If companies are levied the corporate tax and individuals the personal income tax, which are direct taxes, there are also indirect levies among which the value added tax (VAT) or the goods and services tax (GST) is the most important…
A holding company in Indonesia is a business set up for the purpose of owning assets or shares in subsidiaries, and not for the purpose of engaging in effective trade or commercial activities.Indonesia is a very open country to foreign enterprisers which has transformed it into one of the most sought investment destinations in Southeast Asia.At…
Indonesia is one of the most attractive countries in terms of foreign investments which is why the government offers many incentives to those who open companies here. However, most of the times investors have various questions related to starting a business in Indonesia. Below are the answers to the most frequent questions our company registration agents…
Foreign investors interested in starting a business in Indonesia have several options in terms of company structure. The same is available for foreign companies interested in setting up their presence on the local market. Among the preferred options for foreign companies is the subsidiary. The main type of company used to create a subsidiary in…
Both foreign investors and citizens must consider opening bank accounts when they move to Indonesia. This is because most of the transactions here are completed online through credit cards which are linked to local bank accounts. There are several types of accounts which can be opened in Indonesia. Our company formation advisors in Indonesia can offer information on how to set up…