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The Right to Build Certificate (SHGB) in Indonesia allows land use for up to 80 years through proper extension and renewal. Maintaining SHGB ensures legal land ownership and protects long-term property investments.

Beyond aviation, many other businesses across different industries must comply with risk-based licensing requirements under Indonesia’s Online Single Submission (OSS) system. One such critical requirement is the Standard Certificate, which applies to businesses operating in medium and high-risk categories.

A company recently restructured its leadership to enhance governance and align with strategic objectives. Corporate restructuring typically aims to improve efficiency, adapt to market demands, and comply with regulatory requirements.

The Annual General Meeting of Shareholders (RUPS) plays a crucial role in shaping a company’s leadership and long-term strategy through decisions such as board restructuring and policy changes. It serves as a key forum to ensure transparency, accountability, and strategic corporate governance.

The Standard Classification of Indonesian Business Fields (KBLI) is essential for ensuring that businesses are properly categorized based on their activities, which affects licensing, taxation, and regulatory compliance. Registering under the correct KBLI code is crucial, as it helps the government monitor operations and ensures businesses meet all legal and industry-specific requirements.

Accurate financial statements are essential for ensuring transparency and guiding sound business decisions. They serve as a critical tool for stakeholders—such as management, investors, and regulators—to assess a company’s financial health and support sustainable growth.

As we step into the new fiscal year, the deadline for filing Annual Tax Return (SPT Tahunan) for both individuals and organizations in Indonesia is fast approaching. For individual taxpayers, the deadline is March 31, while corporate taxpayers are required to file their reports by April 30.

Cited from detikFinance (8/11/2024), the Ministry of Finance announced that Coretax will launch in early 2025. Part of the Tax Administration System Renewal Project under Presidential Regulation No. 40/2018, Coretax aims to centralize tax management, enhance transparency, and simplify compliance for businesses.

Businesses in the food, pharmaceutical, and cosmetics industries must ensure they have the proper BPOM license. This certification not only guarantees compliance with Indonesian standards but also protects consumer safety and opens doors to international markets.

For small-scale food businesses in Indonesia, particularly those operating from home, the PIRT (Sertifikat Produksi Pangan Industri Rumah Tangga) License is a critical certification.

Indonesia’s tax system includes two key consumption taxes: Value Added Tax (VAT), known locally as Pajak Pertambahan Nilai (PPN), and the Sales Tax on Luxury Goods (STLG). While VAT applies broadly across goods and services, STLG is an additional tax on luxury items, aimed at regulating high-end consumption and promoting social equity.

The recent proposal to impose an 11% Value Added Tax (VAT) on apartment management fees in Indonesia has raised concerns among apartment owners and investors, particularly regarding the potential increase in living costs and its impact on the property market. This move affects essential services such as security, cleaning, and maintenance of common areas.

Bankruptcy in Indonesia, governed by Law No. 37 of 2004, occurs when debtors fail to meet financial obligations, leading to court-ordered asset management. The Sritex case highlights the complex impacts of bankruptcy on workers, investors, and the broader business environment, showcasing its multifaceted consequences.

The PKPU process, under Indonesia’s Law No. 37 of 2004 on Bankruptcy, helps debtors in financial distress negotiate debt repayment with creditors. This legal framework aims to prevent bankruptcy, allowing businesses to address obligations and continue operations while providing structured relief to debtors.

Putranto Alliance recently completed a surveillance audit for ISO 27001 as part of its ongoing commitment to information security. In today’s digital landscape, safeguarding sensitive data is paramount, and ISO 27001 provides a structured framework to help organizations protect their information systems.

The recently introduced Golden Visa program offers exciting opportunities for foreign nationals looking to invest or work in the country. The launch of this program aims to attract foreign investors and skilled professionals, offering long-term residency in exchange for substantial investments.

In today’s digital age, data breaches pose serious risks to individuals and organizations. Protecting personal data is vital for maintaining trust and ensuring regulatory compliance. This guide explains steps to take after a data hack, the potential damages, and effective ways to safeguard your information.