Blog - Page 7

20/02/2024Bank Mandiri is launching the “Tap to Pay” feature. Familiarize yourself with the activation process

Bank Mandiri introduces the country’s first feature, “Tap to Pay, facilitating customers in choosing payment methods for faster transactions. Timothy Utama, the bank’s IT Director, explained in an official statement that this service is available in

19/02/2024New visa indexes in Indonesia in 2024

In January 2024, Indonesia introduced an updated visa system, applying new visa indexes for various travel purposes such as tourism, business and more specialized permits. In addition, visa applications must now be submitted online through the

02/02/2024A mandatory tourist tax called Bali Levy in the amount of 150,000 Indonesian rupees (approximately $10) has been introduced

From February 14, 2024 , all foreigners entering Bali will be charged a mandatory tourist tax called B ali Levy in the amount of 150,000 Indonesian rupees (approximately $ 10) . Moreover, all foreign tourists will have to pay the fee, regardless of

30/01/2024Changes in the Personal Income Tax rate (PIT – PPh21) in 2024: Effective rate and calculation example

In 2024, the Indonesian government introduced significant changes to the rates of withheld personal income tax (PPh 21). The new effective rate came into effect on January 1, 2024, and applies to income from employment, services, or other types of

15/01/2024The Ministry of Labor has issued a Decree on the payment of annual religious leave benefits

Minister of Manpower, Ida Fauzia, issued an official letter numbered M/2/HK.04.00/III/2023 regarding the implementation of a religious leave system for employees of companies in 2023. The letter, released on March 27, 2023, was sent to the governors

07/01/2024Capital expenditures when calculating corporate income tax

You have opened your company in Indonesia, engaging in or considering an investor visa application, as well as purchasing real estate to include on your company’s balance sheet. Expenditures on capital assets play a crucial role in calculating

05/01/2024Corporate income tax

Imagine that you have opened your company in Indonesia. You are ready to bring your ideas to life, launch a product or provide a service in this market. However, in the world of entrepreneurship, it is important to remember not only creative ideas,

12/12/2023How to choose a visa agency in Indonesia?

New visa agencies continually open each year, providing services for obtaining visas for Indonesia and assisting with acquiring other visas within the country itself. Unfortunately, not all of them are trustworthy. Complaints about poor services or

05/12/2023The public should embrace Artificial Intelligence to expand its capabilities

Indonesia not only follows progressive global trends but also actively participates in them, especially in the field of computer technologies. “Artificial Intelligence is intended to expand society’s capabilities”, said Nazar Patria, Deputy Minister

12/11/2023Hotel and restaurant tax: tariffs, calculations, payment and reporting (part 2)

Before reading, we recommend that you read the previous article “ Restaurant tax: tariffs and calculation (part 1) ” on this topic. For many years, the island of Bali has been drawing attention with its potential for the hotel business. The demand

11/11/2023Restaurant tax: tariffs and calculation (part 1)

For those who have chosen Bali as their new home, sooner or later the question of earning a living arises. Foreigners on the island often invest in their own business, and one of the popular directions is the food service industry – cafes and

01/11/2023How to Close a PT PMA Company in Bali: Guidelines for Foreign Entrepreneurs

Changing your business strategy, economic challenges, or personal circumstances can lead you to the decision of closing your business in Indonesia. Once again, foreign entrepreneurs have to navigate the intricate task of understanding Indonesian