Trademarks are intangible assets that are a vital part of business in a digital age of technology dominated by the role of social media and cross-border commerce. The market is filled with various trademark propagandas every day, both trademark market leaders and new players in every field. Companies need to make investments to create a … Read more
The use of brands in the products/services of a company provides broad benefits in business activities and sustainability. The brand, acting as a powerful asset, is a sign or characteristic that distinguishes each product/service offered to the public. Moreover, the brand serves as a vital element for brand awareness, making it effortlessly recognizable and memorable … Read more
INVISIBLE Management, Protection, Reporting, and Compliance Aspects of Invisible Assets 01. ACCOUNTING FOR INTANGIBLE ASSETS Intangible assets are beneficial in various aspects, both financial, taxation and accounting. Given the importance of these assets, it is necessary for accountants to pay attention in recognizing, measuring and recording intangible assets regulated by the government and contained in … Read more
Indonesia is a favorite investment destination because it has a large geographical area, the fourth most population in the world, abundant natural resources and a growing local market. Indonesia is the largest market in Southeast Asia which has 37 provinces, more than 17,000 tribes and the largest archipelago in the world. Indonesia is ranked as … Read more
The latest phenomena have clearly shown the significant growth of Joint Operation (JO) as a scheme of partnerships between construction companies in Indonesia. This is apparent from several large-scale infrastructure projects such as transportation, communications, water supply, spatial planning, and energy, which are generally implemented within a joint operation scheme. But later, the form of … Read more
The listing of shares in the capital market is a corporate action to obtain funding from the public. In addition to funding, the first-time listing of shares in the capital market or Initial Public Offering (IPO), also provides various benefits such as improving the company’s image, professionalism and good governance. The overall benefits of an … Read more
Does your company perform domestic or cross-border transactions with your related party? If it does, then you must do the transaction in accordance with the arm’s length principle. Article 18 (3) of the Income Tax Law states that the Directorate General of Taxes (DGT) has the authority to recalculate the taxable income or deductible costs … Read more
MULTINATIONAL Multinational Companies Pass Through Investment Gateway Including Establishment, Compliance & Corporate Actions 01. FOREIGN INVESTMENT IN INDONESIA OSS is a platform managed by BKPM to simplify the business licensing process, including for foreign investors. Through this platform, companies register by fulfilling the requirements and obtaining various documents for the company’s establishment. 02. JOINT OPERATION … Read more
Customer loyalty programs are used by the Company to provide incentives to customers who purchase their goods or services. If a customer purchases goods or services, then the Company will reward points to the customer (often described as “points”). The customers may be required to accumulate certain amounts of points before they can redeem the … Read more
An initial Public Offering (IPO) is a process executed by the management of the company to list its shares on the stock exchange. The company’s shares can be traded to the public through IPO execution. The entry of new shareholders into the company automatically increases the company’s capital which can be utilized for various purposes. … Read more
