After you've dealt with those issues, the next step is to learn about Indonesia's taxation system. Indonesia, like many other countries, has a self-assessed taxation system divided into state and local taxes. Income tax (corporate, individual, withholding), VAT (Value Added Tax), stamp duty, and customs tax are all included in state taxes.
Local taxes are mainly related to commercial subjects such as real estate, vehicles, advertising, and recreational activities. Because you want to start a business in Indonesia, you must thoroughly understand income tax. In general, the income tax system in Indonesia applies to both individuals and corporations.
If you don’t want to deal with all this legal paperwork, contact LI solutions legal team and our specialist will consult you on all questions about Taxes and law in Indonesia!