Corporate Tax Deadlines in Indonesia
For most part, Indonesian corporate tax environment is based on self-assessment and it remains the priority of tax authorities in Indonesia to enforce compliance with tax regulations.
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In Indonesia, tax obligations are settled monthly as well as annually by either direct payments, third party withholding or combination of both. Monthly tax instalments are based on the most recent tax returns of the tax payer and constitute the prepayment of the current year corporation tax liability. At the end of the year, if the total tax paid through monthly instalments is less than the total CIT due, company has to settle the shortfall before filing its annual CIT return.
As the deadline for the annual corporate tax payment and corporate tax return filing approaches for most businesses (End of April), it is compulsory for all businesses and individuals to pay their taxes and file their tax returns otherwise late payment can result in financial penalty.
Monthly tax deadlines
| Type of tax | Tax payment deadline | Tax return filing deadline |
| Article 21/26 (Payroll) WHT | The 10th day of the following month | The 20th day of the following month |
| Article 23/26 Income tax | The 10th day of the following month | The 20th day of the following month |
| Article 25 Income tax instalment | The 15th day of the following month | The 20th day of the following month |
| Article 22 Income tax on imports/payments to Tax collectors | The 10th day of the following month | The 20th day of the following month |
| Article 4(2) Final income tax | The 10th day of the following month | The 20th day of the following month |
| VAT and LST | Prior to tax return filing deadline | The end of the following month |
Annual tax deadlines
| Type of tax | Tax payment deadline | Tax return filing deadline |
| CIT | The end of the 4th month after the year-end before filing the tax return | The end of the 4th month after the year-end |
| Article 23/26 Income tax | Six months after the receipt of a Tax Due Notification Letter from the ITO | N/A |
Penalties for non-compliance
| Type of tax return | Penalty (IDR) |
| VAT return | 500,000 |
| Other monthly tax returns | 100,000 |
| CIT returns | 1,000,000 |
Late payments of the above taxes incur interest penalties at 2% per month, with a maximum of 48%. Part of a month, for example a single day, is considered a full month.
Late filing of a tax return or failure to file a tax return incurs an administrative penalty at the following amounts:
How MAM Corporate Solutions can help?
At MAM Corporate Solutions, we will review your business, provide you tax advice and offer you tax planning, consultation and filing service which is tailored to your business to ensure your business complies with all tax rules and regulations.
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