Indonesia’s New VAT Policy: The Strategic Logic Behind the 12% Tax Rate and The 11% Retention
Starting in 2025, Indonesia introduced an important change to its Value Added Tax (VAT) system by increasing the rate from 11% to 12%. This move aims to boost government revenue, especially as the country seeks to finance large-scale infrastructure projects and public services…
Building Trust in Indonesia Through Governance: Insights into the ASEAN Scorecard
Di era globalisasi yang serba digital ini, perusahaan dituntut untuk mampu menjalankan kegiatan bisnisnya sesuai dengan peraturan dan kebijakan yang berlaku dan juga mampu mengungkapkannya (disclosure) kepada shareholders dan stakeholders terkait…
Perkembangan ASEAN Corporate Governance Scorecard (ACGs)
ASEAN Corporate Governance Scorecard (ACGS) adalah suatu parameter Corporate Governance sebagai hasil inisiatif dari ASEAN Capital Markets Forum (ACMF) yang bertujuan untuk meningkatkan standar dan praktik tata kelola perusahaan di kawasan ASEAN…
A Comprehensive Guide to Tax Filing for Chinese Companies in Indonesia
As Chinese companies continue to expand in the Indonesian market, proper tax filing is not only a legal requirement but also a crucial aspect of ensuring smooth and stable business operations. In Indonesia, the annual tax filing (SPT, Surat Pemberitahuan Tahunan) is a legal obligation that all taxpayers…
A Comprehensive Analysis of Indonesia’s Tax Holiday Policy: Assisting Chinese Investors Seize New Opportunities
As a rapidly growing economy, Indonesia is accelerating its efforts to attract foreign direct investment to boost infrastructure development and economic growth. The tax holiday policy is one of the key incentives the Indonesian government offers to foreign enterprises…
In-depth Analysis of Indonesia’s VAT System: Key Points Every Chinese Investor Must Know
In Indonesia, businesses with an annual revenue of IDR 4.8 billion or more are required to register for Value-Added Tax (VAT). For investors unfamiliar with local regulations, understanding Indonesia’s VAT system can be somewhat complex. However, for Chinese investors…
Essential Guide to the Development of Chinese Enterprises in Indonesia Financial and Tax Compliance and Operational Stability
In Indonesia, financial auditing is strictly carried out under the Financial Accounting Standards (PSAK) set by the Indonesian Financial Accounting Standards Board (DSAK). Auditing for Islamic enterprises follows standards established by the Indonesian Islamic Accountants Association (DSASIAI)…
Empower Your Business with NBK-Indonesia’s Trusted Financial Partner
We recommend Nusantara Bisnis Konsultan (NBK) to Chinese enterprises in Indonesia, a reliable partner that provides professional tax services to foreign investors in the Indonesian market…
Indonesia Tax Guide: Quickly Master the Basics of Finance and Taxation in Indonesia
In Indonesia, individuals or entities that meet certain conditions must register for a tax identification number (Nomor Pokok Wajib Pajak (NPWP) to fulfill their tax rights and obligations Members of a business group are taxed separately as there are no exemptions for business groups…