Value-added tax (VAT) in Indonesia is imposed on the provision of services or the transfer of taxable goods. Businesses are required to register for VAT once they reach an annual revenue of 4.8 billion rupiah (US$321,677). However, companies earning lower annual revenue can register voluntarily.
Source: aseanbriefing.com
Latest Posts in "Indonesia"
- EU and Indonesia conclude negotiations on free trade agreement
- Indonesia Extends VAT Exemption for Home Purchases Until 2026
- New Regulation PER-12/2025 Aligns with PMK-81, Updates VAT Collection and Self-Assessment Rules
- Indonesia’s PMK-50: Crypto-Assets Classified as Digital Financial Assets, VAT Treatment Updated
- Chairman of Commission XI proposes reducing VAT from 11% to 10%