Lets Move Indonesia
If you are an individual or corporate that wants to ensure your tax reporting runs smoothly , then welcome to LetsMoveIndonesia.
As the largest business city in Indonesia, Jakarta is also the first region expected to have taxpayer awareness. If you live or own a business in Jakarta and want to file your taxes without having to deal with the complicated tax regulations in Indonesia, then welcome to Tax and Accountancy Service, underwritten by the market leading tax consultant in Indonesia – LetsMoveIndonesia.
Constant updates about Tax in Indonesia are coming out every year. With six different types of legal bases and ramifying regulations, Indonesia has become one of the most taxpayer-unfriendly among other countries. Despite the complexity and the time consuming process in keeping up with tax reporting and related process, it is very important to stay comply with the latest regulations. That is where a tax consultant comes to help.
At LetsMoveIndonesia, we guarantee to help your tax reporting and accounting process in Jakarta run smoothly. Always look professional while complying with the regulations without any hassle.
Annual tax reporting is a tax obligation an individual and business in Indonesia must submit to the Directorate General of Taxes (DGT). The annual tax return in Indonesia must come with a report that shows their personal or corporate has fulfilled the tax obligation.
This document must be filled out if the taxpayer has earned money from wages, salaries, dividends, interests, revenues or any other sources of income, and has been assigned a tax ID.
Throughout Jakarta and Indonesia, there are two main types of taxes that must be paid and reported every certain period. These two types of taxes are: Individual Tax and Corporate Tax.
Corporate Tax is a tax obligation that must be paid with the tax subject being a corporation that is established and registered in Indonesia. Both a local company and a foreign company with a permanent establishment in Indonesia become subjects to a standard corporate income tax by 25% and are required to file a corporate tax return yearly.
Individual tax refers to the tax payable by an individual whose payroll is eligible for a tax payment. Tax rates for individuals in Indonesia ranges between 5% and 30% of income. Meanwhile, non-residents are subject to a 20% withholding tax of income received in Indonesia.
Obtain the best assistance in reporting Corporate Tax in Indonesia professionally.
Report your Individual Tax in Indonesia efficiently without hassle.
Maintain your office payroll compliance organised and runs smoothly every month.
There are several documentation that should be submitted prior to tax reporting. Those are known as follow:
If you fail to file your annual tax return on time, you will be charged a certain amount of monthly interest on the tax payable. On top of that, you will be required to pay an administrative sanction fee of IDR 100,000 for a personal income tax return, or IDR 1,000,000 for a corporate income tax return.
For individuals who stay less than 183 days in a year in Indonesia, you are not obligated to file an income tax return in the country.
The forms to report tax can be requested at tax offices (KPPs). If you report your tax through LetsMoveIndonesia, all the forms collection are included.
There are mainly two types of tax reports you should file. As an individual, you should adhere with individual tax reporting which can be done monthly or annualy. If you have a business in Jakarta, submitting corporate tax report is compulsory.
Yes. The tax office requires all expatriates resident in Indonesia to register with the tax office and obtain their own separate tax number (NPWP) and pay monthly income taxes, file annual tax returns, and pay tax on their income earned outside Indonesia, less tax paid in other jurisdictions on the additional overseas income.
Your tax return should be sent to the particular tax office (KPP) that you or your company registers as a taxpayer.
LetsMoveIndonesia is trusted to be the best tax consultancy across Jakarta and Bali to help your tax reporting and accounting process in Jakarta runs smoothly.
The Indonesian personal taxation system is based on worldwide income. This includes:
Book a free consultation by phone, video call or in one of our offices.
We will listen to you individual requirements and provide the best solution to your business needs.
Collect documentation and process.
Our Tax Consultants will then make sure your tax reporting process runs smoothly.
Provide you with the company registration documents.
It is mandatory to submit monthly and annual tax reports even if your company does not have any business activities, thus zero taxes.
You cannot report tax when you do not have the id. However, there are also consequences of ignoring register yourself as an authorized taxpayer
Withholding tax is one of the tax withholding or collection systems, where the government gives trust to third parties to carry out the obligation to withhold or collect taxes on income paid to income recipients.
The deadline for Tax Return reporting for individual taxpayers or employees is no later than three months after the end of the tax year or at the end of March. As for business entity taxpayers, the deadline is four months after the end of the tax year, at the end of April.
Value Added Tax (VAT) is a 11% consumption tax imposed at every stage of production of both goods and services until the sale of the final product.
Late payments attract interest penalties with a rate ensuing from the application of the MoF Interest Rate (MIR) plus additional charge.
LetsMoveIndonesia’s tax consultants handle hundreds of corporate and individual accounts every year with our efficient tax services. We have the best resources to help with your Tax and Accountancy affairs.
Our tax, visa, and legal consultants help thousands of worries about the visa application, business registration, and tax reporting processes be eliminated. We are proud to be the market leader in Visa and Market Entry services for both domestic and international cases, leading more and more people turn to LetsMoveIndonesia to help with their tax and accounting needs due to our ethic and transparent price setting.
Latest News
Highlights The introduction of Government Regulation 39 of 2021 (GR 39/2021), halal certification is now mandatory for many products. Details regarding products that have to obtain mandatory halal certification. You must renew Halal Certification regularly, typically every four years, to maintain compliance. Indonesia is on a mission to become the world’s largest Halal market. With […]
Lets Move Indonesia
11/07/2024
The Halal Product Assurance Organising Agency (BPJPH) under the Ministry of Religious Affairs of the Republic of Indonesia has announced that, starting from October 18, 2024, halal certification requirements will be fully enforced for specific product categories. This move marks the end of the first phase of the certification obligation, which began on October 17, […]
Lets Move Indonesia
11/07/2024
Known as The Island of The Gods, Bali has always attracted travellers from around the globe. Following the reopening to international tourism in 2022, the island has observed a notable surge in the amount of visitors up to 2024. Lets Move Indonesia report summarises the data showing a rise in visits to Bali by 2024, […]
Lets Move Indonesia
11/05/2024
The Indonesian government recently released the official list of public holidays and collective leave days for 2025. With a total of 27 days designated for national holidays and collective leave, it’s time to mark your calendars and get organised. Planning your year in Indonesia? Before setting off on a trip to another country, it’s vital […]
Lets Move Indonesia
11/01/2024
Indonesia’s tax landscape is undergoing a significant shift with the impending increase in the Value Added Tax (PPN) rate to 12% in 2025. This change, while aimed at bolstering government revenue, has sparked considerable discussion among businesses and investors alike. While the increase may seem incremental, its impact on pricing, consumer behaviour, and overall economic […]
Lets Move Indonesia
10/24/2024
In order to improve its services for foreign visitors interested in visiting Indonesia, Lets Move Indonesia now offers extensive assistance with visa applications specifically for citizens of Bangladesh. Historically, Bangladeshi nationals have faced challenges in obtaining Indonesian visas due to complex procedures and stringent requirements. Lets Move Indonesia aims to simplify this process with its […]
Lets Move Indonesia
10/03/2024
Bellagio Mall, Jl. Mega Kuningan Barat Kav.E4 No.3, Setiabudi, Jakarta 12930, Indonesia
Jl. Sunset Road No.105, Seminyak, Kec. Kuta, Kabupaten Badung, Bali 80361
Jl. Subak Sari No. 13, Tibubeneng, Kuta Utara, Kabupaten Badung, Bali 80361, Indonesia
Jl. Danau Tamblingan 79, Sanur, Denpasar Selatan, Kota Denpasar, Bali 80361, Indonesia
Our journey began in 2016 when we had one goal-to become Indonesia’s Most Ethical Visa & Business Consultancy. Our dream was to become a one stop shop for all expatriate needs, offering honest & transparent services at competitive prices. Find Out More »
Enter your email address to get latest updates and offers from us.
Copyright © 2024. All Rights Reserved.
LetsMoveIndonesia