Blog - Page 11

Mr. Jones, or "the investor," came to us to have a contract reviewed for a villa purchase from a developer in Bali. During the review, our lawyers found a few clauses that raised concerns and could potentially affect his interests. Lawyers' Comments:

On January 1, 2025, Indonesia will increase its value-added tax (VAT) rate from 11% to 12%. The move is expected to generate an additional 75 trillion IDR for the state budget. Febrio Kacaribu, Head of the Fiscal Policy Agency at the Ministry of

Depreciation refers to the allocation of an asset's cost over its useful life. This key financial concept plays a significant role in various aspects of a company’s operations, including the accuracy of financial reporting and effective asset

Important! In connection with the transition to the new Coretax system, there are temporary difficulties in issuing tax identification numbers (NPWP) for PMA companies and registering personal NPWPs. These challenges are due to the migration of data

December 30 — Business hours as usual December 31 — Office, couriers, and online support are available until 2:00 PM January 1 — Office closed, couriers not working. Please note that our support service will also be unavailable on this day! If you

Dear clients, Please note that December 25th and 26th are public holidays in Indonesia. All government institutions, immigration offices, and banks will be closed. Our office will also be closed. Online support will be available from 10:00 AM to

Are you running a business in Indonesia? If so, tax reporting is something you must take seriously. Monthly tax reports are more than just a formality—they are crucial for keeping your business stable and compliant. They help protect you from fines,

Last year, Lisa decided to start a business in Bali and reached out to an agency for assistance with the process. The agency registered her store and assured her that they could add "beauty salon" as a business activity later. However, this activity

John recently approached our Bali-based visa agency seeking assistance with extending their investor KITAS, initially processed by another company. Upon taking on the case, we uncovered several serious complications arising from their previous

Bali will be holding a gubernatorial election on 27 November. All government offices, including banks and immigration services, will be closed during this time. Please note this when making plans for extensions or applying for visas. Our office will

The Bali Provincial Tax Agency has introduced a vehicle tax relief program. This program waives penalties on vehicle taxes and fees for transferring vehicle ownership. It started on November 1 and will run until December 20, 2024. This initiative is

In a real-world scenario familiar to many struggling businesses, a company operated at a loss for two years before its owners decided to close its doors. However, the process was not as straightforward as filing for bankruptcy or simply shutting