Tunjangan Hari Raya (THR) is a mandatory religious holiday allowance in Indonesia. It is a key part of employee rights, ensuring workers receive extra financial support before major religious celebrations. Employers must understand their obligations to avoid legal consequences. What is THR in Indonesia? THR is a one-time annual payment given to employees before religious […]
Estate planning in Indonesia requires careful attention, especially for foreigners holding assets here. Indonesian law has its own framework for wills, and it does not automatically align with international estate planning rules. Indonesian wills and international wills A notary in Indonesia can only prepare a testament covering assets located within Indonesia. For example, if a […]
Understanding the OSS System in Indonesia Are you planning to set up a business in Indonesia? Whether you’re opening a restaurant in Bali, starting a villa rental in Sumbawa, or running a consulting firm in Jakarta, you’ll need to understand the OSS system in Indonesia. The Online Single Submission (OSS) platform has transformed the way […]
Learn how overseas income in Indonesia is taxed, how double taxation treaties work, and how to claim relief as an Indonesian tax resident.
According to Indonesia's Tax Regulation, an individual is considered a Tax Resident in the country if one of the following conditions is fulfilled...
Managing payroll in Indonesia is not just about salaries—it is about full compliance. Companies must understand the legal framework, required contributions, and tax deductions that define payroll systems in Indonesia. What Is Basic Salary in Indonesian Payroll? The basic salary is the backbone of any compensation package. By law, it must be at least 75% […]
Managing Corporate Income Tax in Indonesia requires strategic planning to ensure compliance while maximizing efficiency. This guide breaks down Indonesia’s corporate income tax structure, incentives for new companies, allowable deductions, and corporate income tax deadlines.
Indonesia's tax administration is undergoing a significant transformation with the implementation of the Core Tax Administration System (Coretax). Effective from January 1, 2025, this initiative is spearheaded by the Ministry of Finance (MoF). Designed to simplify tax processes and unify multiple platforms, Coretax aims to ease compliance for taxpayers while giving the government a 360-degree […]
Due diligence is a thorough assessment of an asset before purchase. It’s essential for high-value investments such as land, buildings, companies, or even ships. This assessment is typically presented in a detailed report and varies based on the buyer's interests and the scope of the investment. In this article, we’ll focus on land due diligence—a […]
