Indonesia’s middle class has been at the core of a rapid rise in consumer spending seen in recent years. Understand the opportunities and challenges of distributing goods in Indonesia with step-by-step requirements for both local establishment and partnerships
Indonesian has released updates to its income tax allowances under (PP) No. 18 / 2015. Understand which business lines will qualify for preferential treatment and the incentives that are now available.
Indonesia possesses enormous potential for renewable energy. Understand prevailing trends and relevant regulations within the industry in order to ensure that investments are fully optimized and operations are conducted seamlessly.
Following a recent regulation, Indonesian actuaries, public accountants, and appraisers must register as non-banking financial industry service providers before they can conduct services for non-banking financial institutions.
The inaugural issue of Indonesia Briefing magazine, titled “An Introduction to Foreign Investment in Indonesia”, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store.
As a supporting action of the Institute of Indonesian Chartered Accountants for Indonesia’s Tax Amnesty program, the Financial Accounting Standard Board has released Indonesia Financial Accounting No. 70 concerning Accounting for Tax Amnesty Assets & Liabilities. This standard provides guidance for entity preparing financial reports in the wake of the recently applied Tax Amnesty Law.
By: Dezan Shira & Associates Editor: Cameron Turnbull On February 17th, 2016, Indonesian president, Joko Widodo, announced plans to further liberalize his nation’s economic policy’s 10th economic stimulus package aimed at stimulating foreign direct investment. Indonesia has long been on the radar of international investors as a rapidly developing region with serious potential. More stable[…..]
By: Dezan Shira & Associates Editor: Alexander Chipman Koty In comparison to Singapore, Malaysia, and Thailand, Indonesia is more prohibitive to foreign businesses. Not only does Indonesia generally demand higher taxation, but it also has more bureaucratic red tape. Still, many investors are intrigued by the country’s enormous potential. Like Thailand, loss prevention requirements, timing requirements,[…..]
By: Winnindo Business Consult Editor: Mourme Taruna Halim In early April 2016, Indonesia Tax Authority indicated that Google Indonesia, Yahoo Indonesia, Facebook Singapore Pte Ltd and Twitter Asia Pacific Pte Ltd were avoiding tax in Indonesia. Among the four companies, Facebook and Twitter are established in Indonesia in form of Representative Offices (RO). This article[…..]
By: Aysha Nesbitt As the world’s largest archipelago, Indonesia is among the most important producers of aquaculture globally. In 2001, Indonesia ranked fourth in aquaculture output and has since increased its fishery exports to US $4 billion in 2015. Though Indonesia’s aquaculture industry has begun to make strides, it is still far from realizing its[…..]