A Guide to Value Added Tax in Indonesia
Value-added tax in Indonesia is imposed on the provision of services or the transfer of taxable goods at a rate of 11 percent.
A Guide to Corporate Income Tax in Indonesia
The corporate taxation (CIT) regime in Indonesia is governed by the Harmonized Tax Law and the CIT rate is 22 percent for the 2023 fiscal year.
Czech Prime Minister’s Visit Boosts Strategic Partnership with Indonesia: Key MoUs Signed
Czech Prime Minister Petr Fiala’s visit to Indonesia focused on enhancing relations in key areas such as education, agriculture, and sustainable development.
Changes to Customs Procedure for the Import of Digital Products to Indonesia
Indonesia has made changes to the customs procedure for the import of digital products into the country.
A Guide to Indonesia’s Foreign Investment Trends and Key Infrastructure Projects: New Issue of Asia Investment Research Magazine
This latest issue of AIR focuses on Indonesia’s foreign investment trends and key investment projects.
Merger Control Regime in Indonesia: Noteworthy Changes for Foreign Investors
Indonesia’s new merger and acquisition rules mandate assets or sales in Indonesia for filings and reduce document checks to three business days.
Company Practices to Follow When Terminating an Employee in Indonesia
We discuss Indonesia’s Labor Law provisions on the termination of employment contracts and steps companies can take to minimize the risk of disputes due to unfair termination practices.
How to Open a Bank Account in Indonesia?
We discuss everything you need to know to open a bank account in Indonesia, including the necessary documents, procedure, and fees.
Indonesia and Singapore Sign Six MoUs to Enhance Bilateral Ties
Indonesia and Singapore signed six memoranda of understanding (MoUs) in late March 2023 to enhance bilateral ties.
An Overview of Indonesia’s Double Tax Avoidance Agreements
Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.