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Finance & accounting
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How corporate services drive success
- 11th January 2024
- Posted by: mamsolutions
- Categories: Company incorporation, Finance & accounting, Foreign Investment Company (PT PMA), Indonesia Market Entry, Taxation updates
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This article takes a deep dive into the heart of corporate services in the Indonesian context, unravelling their significance and the compelling reasons behind the growing need for these astute business solutions tailored to Indonesia’s unique corporate landscape?
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Income Tax Article 21 update January 2024
- 2nd January 2024
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
The government has issued Government Regulation Number 58 of 2023 (PP 58/2023) concerning the Income Tax Article 21 withholding tax rates on Income Related to the Work, Services, or Activities of Individual Taxpayers.
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Indonesian visa (KITAS) for Indian Nationals
- 6th November 2019
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
The article provides insight into various visa types available to those Indian nationals that want to visit Indonesia or stay in Indonesia for longer periods and conduct business activities.
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Annual General Meeting (AGM) in Indonesia
- 16th October 2019
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
This article provides important insight about how annual general meetings (AGM) are held in Indonesia and most importantly role & power of shareholders in AGM. Annual General Meeting (AGM) is the highest authority in a company in Indonesia. It has power over Board of Directors (BOD) and Board of Commissioners (BOC).
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LKPM filing in Indonesia
- 16th October 2019
- Posted by: mamsolutions
- Category: Finance & accounting
In this article, we explain what is an LKPM report (Laporan Kegiatan Penanaman Modal) and how to file an LKPM report in Indonesia. An LKPM report is an investment report which must be submitted by companies quarterly or bi-annually by the companies in Indonesia.
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Singaporean Entrepreneurs in Indonesia
- 11th October 2019
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
Any foreign investor who wishes to enter Indonesian market and run business in Indonesia is required to setup a foreign investment company also known as PT PMA. This applies to all foreign entrepreneurs including entrepreneurs from Singapore.
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Mergers and Acquisitions
- 9th October 2019
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
In this article, MAM Corporate Solutions provides the details about what is meant by Mergers and Acquisitions. It also provides details about how MAM Corporate Solutions can help in the due diligence process before actual Merger and Acquisition.
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New improved Online Single Submission (OSS) system
- 7th October 2019
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
The new OSS system is a web-based business licensing system aimed at removing excessive bureaucratic procedures involved when a foreign investors try to get a business license in Indonesia.
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VAT Registration Process in Indonesia
- 22nd September 2019
- Posted by: mamsolutions
- Categories: Finance & accounting, Taxation updates
MAM Corporate Solutions makes sure that all requirements are fulfilled before the application for VAT registration is submitted. MAM Corporate Solutions has helped huge number of clients to not only get VAT registered but also comply with monthly and annual tax regulations.
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Withholding tax in Indonesia
- 17th June 2019
- Posted by: mamsolutions
- Category: Finance & accounting
Foreign-owned company (PT PMA) has the same structure as that of any other company in Indonesia. If you look closely in the organisational layout of a Foreign-owned company (PT PMA), it requires a minimum of two shareholders, a commissioner and a director.
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