Owners of PT PMA in Indonesia enjoy a preferential tax rate of 0.5% of total turnover for the first three years. However, after this period ends, the tax burden increases, and businesses must transition to the standard corporate tax rate of 11%. How should you correctly calculate and pay taxes after the preferential period ends? […]

Client Asks: Flado.id Replies Foreign Organization as a Founder of an Indonesian Company Yes, a foreign organization can be a founder of an Indonesian company, specifically through a Foreign Investment Company (PT PMA). Indonesian corporate law requires at least two shareholders, which can be individuals or legal entities. This means that a PT PMA can […]