In the realm of taxation, tax restitution refers to the refund of overpaid taxes to taxpayers, which can occur for several reasons. Tax restitution is the return of excess tax payments made by taxpayers to the government. This situation may arise if a taxpayer has paid extra..
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…
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…
Building Trust in Indonesia Through Governance: Insights into the ASEAN Scorecard Read More »
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…
Perkembangan ASEAN Corporate Governance Scorecard (ACGs) Read More »
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 Guide to Tax Filing for Chinese Companies in Indonesia Read More »
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 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…
In-depth Analysis of Indonesia’s VAT System: Key Points Every Chinese Investor Must Know Read More »
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)…
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…
Empower Your Business with NBK-Indonesia’s Trusted Financial Partner Read More »
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…
Indonesia Tax Guide: Quickly Master the Basics of Finance and Taxation in Indonesia Read More »