Challenges for Foreign Investors: Navigating Coretax Registration

As with any major change, there are challenges, particularly for foreign investors. One of the main challenge is the Person in Charge (PIC)—the individual responsible for managing the company’s tax matters. For foreign investors, there’s a tricky requirement when it comes to the PIC: if your company’s PIC is a foreign national, they must have both a KITAS (temporary residence permit) and an NPWP (Taxpayer Identification Number) in order to register correctly on Coretax.

Here’s where things can get a bit complicated. The NPWP application requires a KITAS, but at the same time, you can’t get a KITAS unless you already have a company NPWP. This creates a bit of a chicken-and-egg situation, especially for foreign nationals who don’t have a local staff member to meet the PIC requirement.

But don’t worry—this is a solvable problem! We can help you navigate these challenges. The key here is ensuring you get the right advice and support early on, so there are no delays in your tax filings down the road.

Securing Your Long-Term Success

In the grand scheme of things, Coretax is more than just a tax filing system. It’s part of a broader shift in Indonesia’s business landscape, designed to modernize and simplify how businesses comply with tax regulations. If you’re investing in Indonesia for the long term, understanding and complying with Coretax now is essential to your company’s long-term success and sustainability.

Getting ahead of the transition, ensuring all your documents are in order, and staying compliant will set your business up for success. Invest smartly and stay compliant—and you’ll be well on your way to building a strong, long-lasting presence in Indonesia.

If you’re ready to start preparing your business for the Coretax registration or if you have any questions, don’t hesitate to reach out. We’re here to guide you through every step of the process.

Struggling with Coretax registration?  Schedule a free consultation today and get expert guidance on overcoming challenges — ensuring a smooth start for your foreign investment in Indonesia. Don’t wait, take the first step now!

 

Get your free consultation now!

RELATED PAGE
Top 5 Profitable Business Ideas in Sumba for Foreigners

Top 5 Profitable Business Ideas in Sumba for Foreigners

//
April 17, 2025
Read More

Top 5 Profitable Business Ideas in Sumba for Foreigners

Sumba is gaining attention as Indonesia’s newest investment hotspot. With its growing infrastructure, pristine nature, and focus on sustainable tourism, Sumba offers a wide range of profitable business opportunities for

Eco-Resorts in Sumba: Sustainable Opportunities for Foreigners

Eco-Resorts in Sumba: Sustainable Opportunities for Foreigners

//
April 17, 2025
Read More

Eco-Resorts in Sumba: Sustainable Opportunities for Foreigners

Sumba is fast becoming one of Indonesia’s most sought-after eco-tourism destinations. Known for its raw beauty, rolling savannahs, and traditional villages, the island has drawn the attention of global travelers

How to Set Up a PMA Company in Sumba: A 2025 Guide

How to Set Up a PMA Company in Sumba: A 2025 Guide

//
April 17, 2025
Read More

How to Set Up a PMA Company in Sumba: A 2025 Guide

Setting up a PMA (Penanaman Modal Asing) company in Sumba is the most legal and secure way for foreigners to invest and operate a business in Indonesia. As the island

Tourism in Sumba is Booming: How Foreigners Can Invest Legally

Tourism in Sumba is Booming: How Foreigners Can Invest Legally

//
April 17, 2025
Read More

Tourism in Sumba is Booming: How Foreigners Can Invest Legally

In recent years, Sumba has transformed from a quiet island into a rising star in Indonesia’s tourism sector. As of 2025, the island is drawing increasing attention from international travelers

Why Sumba is the Next Big Thing for Foreign Investors in 2025

Why Sumba is the Next Big Thing for Foreign Investors in 2025

//
April 17, 2025
Read More

Why Sumba is the Next Big Thing for Foreign Investors in 2025

Sumba, an island in East Nusa Tenggara, Indonesia, is quickly emerging as a top destination for foreign investment in 2025. Once overshad owed by Bali and Lombok, Sumba is now

prev
next

INDONED CONSULTANCY

The Indoned Team is committed to driving societal change and promoting environmental sustainability. Working in innovative ways with government, non-profit organizations, and civil society, we are designing and delivering solutions that contribute to a sustainable and prosperous future for all.

Join our newsletter

Useful Link

Contact Us

Istana Kuta Galeria, Central Parkir Patih Jelantik Street PM 1 No. 21 Kuta – Bali 80361(Indonesia)

error: Alert: Content is protected !!