Subject to Income Tax in Indonesia

Income tax is imposed to an individual or individuals and entities with regard to their income received or accrued during the tax year. Subject to Tax e.g.: a. 1) Individual; 2) Undivided inheritance as a single unit in lieu of the right of the heirs: Undivided inheritance as a   single unit is subject to the … Continue reading Subject to Income Tax in Indonesia

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Can Foreigners Open Restaurant in Indonesia

Foreigners can open restaurants in Indonesia. However, foreigners must have an Indonesian Partner(s). Based on the negative list regulation (Government Regulation 36/2010) on List of Business that opens/closes for the Foreign Investment, stipulates that the composition of shares of the Foreigner(s) is maximum 51% for restaurant industries. The foreigner(s) and Indonesian partner(s) enter a joint venture … Continue reading Can Foreigners Open Restaurant in Indonesia