Flip Globe | 29 September 2023
Oleh : Rizqi Akbar
Taxation is different in each country. It is also true with tax in Indonesia. There are various things that individuals, companies, or investors need to be aware of. Learn about the types of taxes in Indonesia and top tax consultants to manage them effectively. Expand your knowledge with us!
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We will look at types of Indonesian taxes and continue with the amount of tax any company, investor, and individual needs to comply with.
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A wide variety of taxes in Indonesia are, among others, as follows.
The following are some tax rates for some of the above-mentioned tax types.
Corporate income tax (CIT)
For payment to residents
For payment to non-residents
Luxury-goods sales tax (LGST)
The rates range from 10% to 25%, in which the law allows a maximum rate for LGST up to 200%.
Customs and Excise
The allowable import duties range from 1 to 150%, yet the current highest rate is set at 40% (of the customs value of the imported goods).
As for individual or personal income tax, we will outline further in the section below.
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Indonesia has adopted an international income taxation system. It means that any individual measured as an Indonesian tax resident must pay tax to the government on their income. The income may come domestically or overseas, except a double tax agreement applies.
Here is the list of individual progressive income tax rates (charged to taxable annual income).
This tax also applies to non-resident individuals – a 20% withholding tax on income earned in Indonesia.
The following are the top 10 tax consultant offices as ranked by Pajakconsulting.com. Providing professional services in the field of taxation and finance, you may find them mostly in some big cities of this country.
Deloitte has been one of the oldest consulting firms worldwide since 1985. This London-based consultant has two offices in Indonesia, Jakarta and Surabaya.
With over 17 years of experience, STC provides various services for tax, legal, and accounting cases simultaneously.
Founded by leading Tax lawyers and Tax Consultants, TAXFORD's main office is in Jakarta.
EY is one of the leading tax consulting firms in Jakarta.
Established in 2010, you can look for three services from this professional – tax disputes, tax refunds, and transfer pricing.
One of Jakarta's well-known tax consultant offices, helping clients with tax affairs, ranging from filling out Annual Tax Returns to dispute appeals.
One of the best tax consulting firms In Indonesia, according to World Tax, it provides services like financing, taxation, real estate, etc.
Not only taxation, this firm also helps clients with investment and business outsourcing.
This tax consulting firm provides taxation, auditing, and other relevant business consulting services.
You can find this premier tax and finance advisory services in two offices in Jakarta and Surabaya.
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The above list concludes some facts about tax in Indonesia and how it works. Looking for an easier way to pay your income tax? Try Flip Globe. Expatriates’ favorite, this app's features allow you to transfer money to any bank in Indonesia and internationally, fast and safely.