In this article we lay out the steps for setting up a foreign-owned legal entity in Indonesia.
In this article we lay out the steps for setting up a foreign-owned legal entity in Indonesia.
Wise is discontinuing its eWallet service in Indonesia, effective May 23, 2024, prompting customers to seek alternative payment solutions. Smart Advisory Solutions (SAS) offers guidance on alternative services, regulatory compliance, and financial strategies to help navigate this transition.
Hospitality Tax Payment Obligations in Bali Bali is one of the most popular tourist destinations in the world. Now that the Covid-19 Pandemic has ended, Bali continues to attract a lot of potential investors who are interested in opening new businesses such as restaurants, coffee shops, SPAs, or real estate. When you start a new […]
Immigration and Visas for Bali (2024) . As part of the government's objective to make Indonesia more investment-friendly, different types of visas and residency permits, depending on the activities carried out in the country, are available to foreigners wishing to come to Bali. Free visit visa Indonesia has exempted citizens of 169 countries from visa […]
Minimum Salary in Indonesia According to the Indonesian Ministry of Labour, no worker in Indonesia can be paid less than the mandatory minimum rate of pay. Should an employer fail to comply with this regulation, the Indonesian government may apply the corresponding punishment, which can be: Minimum Wage refers to the lowest amount of money […]
If you live in Bali, or are engaged in any business activity here, then you may well be required to file a Personal Income Tax (PIT) declaration. It is important to understand and determine your tax residency status to ensure compliance with tax laws and regulations and to optimize your tax situation...
In Indonesia, taxes for corporations follow a similar approach than other countries around the world. However, in order to incentivize and support entrepreneurs and the creation of new businesses, the Indonesian government provides significant advantages and benefits...
According to Indonesia's Tax Regulation, an individual is considered a Tax Resident in the country if one of the following conditions is fulfilled...
High-Quality Services The good name of our company reflects the high standards we hold for ourselves. As trusted advisors, our main objective is to be accessible and to offer sage counsel so that our clients can make wise financial decisions. We hold ourselves to a higher standard than everyone else, and this is what we […]
