Our Services

The pace of globalization continues to accelerate. As Indonesia emerges from the doldrums brought about by the Asian financial crisis, the country is rapidly regaining its economic might. Our company is proud to be assisting in this effort. Since its founding, SWS has earned the trust of a growing number of clients. We provide objective and independent counsel to local and national firms, as well as to multinational companies doing business in Indonesia. SWS specialists cater to the needs of industrial and commercial entities, state-owned businesses, family-owned businesses and publicly held companies. Client satisfaction is the force that continues to drive us. Our goal is to nourish clients in achieving their full business potential. The win-win solutions we devise lead to profitable results. Along with a broad range of services, SWS offers a high degree of flexibility that brings significant benefit to our clients. Our company has already demonstrated its ability to work successfully with multinational financial organizations that do not have a local presence. Focusing on taxation management - our firm's core business - and building our company's world-class capabilities, we take great care to anticipate our client's needs. Using the intuition honed by past successes, we look beyond the obvious for creative business solutions to the problems they face.

Tax System and Procedure Design

Designing a system and procedure to comply with tax regulations related to all of company’s activities that give impact on the company’s tax obligation. The designed system and procedure are expected to give the company an operational guidance that complies with tax regulation.

Tax Due Diligence Review

Review the Company’s tax compliance, identify potential tax exposures and action plan to be taken in order to minimize the company’s tax exposures. Our review service will cover all of company’s activities that give impact on the company’s tax obligation. This is intended to evaluate the feasibility of the financial information presented on Tax Returns and the likely issues and the exposures that the company may have.

Tax Compliance Services

The tax laws require the company to submit monthly tax returns and related tax payment. Failure to pay and report within the required timeframes exposes the company to penalties and surcharges. We will forward the completed sets of returns for review and approval. All returns should be carefully examined, and if you are satisfied that they are in order, signed by the designated officer of company. Submission of the returns and settlement of taxes, unless otherwise agreed, shall be carried out the company. Preparation of annual withholding income tax article 21 return For the purposes of this assignment, we will require the company to provide us with the necessary information as outlined in appendix 2 (will be send after signing this engagement letter). This information is required 30 working days before the expiration date, which, unless the company requests an extension for the expiration of its annual tax returns, is three months after year-end. Please note that the tax settlement should be made on or before 25th of the third month after year-end. Any delay in providing information to us may result in our inability to meet the deadline. In this event, penalties and surcharges will be solely the responsibility of the company.

Preparation of monthly tax returns

For monthly tax returns, we will request specific information for specific taxes as outlined in the relevant sections of appendix 3 (will be send after signing this engagement letter). Any change in such information should be immediately reported to us in writing (e.g. changes in an employee’s salary and position, change in the company’s address, or change in the company’s legal name). In the absence of such written advice, we will assume that the previous information remains valid. Any delay in providing information to us may result in our inability to meet the deadline. In this event, penalties and surcharges will be solely the responsibility of the company.

Monthly Income tax returns article 25

For purposes of this assignment, we will require the company to provide us with the necessary information as outlined in section 1.2 of appendix 3 (will be send after signing this engagement letter). This information is required 5 working days before the payment date, which is the 15th day of the following month.

Monthly Income tax returns article 21/26

For purposes of this assignment, we will require the company to provide us with the necessary information pertaining to the employees as outlined in section 1.3 of appendix 3 (will be send after signing this engagement letter). This information is required 7 working days before the payment date, which is the 10th of the month following that in which the salaries are incurred.

Monthly Income tax returns article 23/26

For purposes of this assignment, we will require the company to provide us with the necessary information as outlined in section 1.4 of appendix 3 (will be send after signing this engagement letter). This information is required 7 working days before the payment date, which is the 10th day of the following month.

Monthly Income tax returns article 4 section (2) – final withholding tax return

For purposes of this assignment, we will require the company to provide us with the necessary information as outlined in section 1.5 of appendix 3 (will be send after signing this engagement letter). This information is required 7 working days before the payment date, which is the 10th day of the following month.

Value added tax returns

For purposes of this assignment, we will require the company to provide us with the necessary information as outlined in section 1.6 of appendix 3 (will be send after signing this engagement letter). This information is required 7 working days before the payment date, which is the 15th day of the following month.

Tax Management Planning

A set of planning in taxation area in order to improve efficiency of tax management, get the best alternative for legal tax saving, ensure the tax refund obtaining, set up taxation budget, and so on. The goals are to minimize tax burden and maximize company’s growth.
A company could minimize its tax burden if it understands the tax treatment properly, such as the inter company transaction, merger, loan, selection of depreciation method, treatment of exchange rate disparity, capital gain, benefit in kind, and so on. Improper accounting treatment will give impact on company’s tax obligation, which eventually will reduce net profit and share holders’ wealth.
We are ready to be your company’s partner in assisting you set up your tax management planning. We assist your taxation planning from the early phase of getting ideas to set up new ventures to the last phase of mature and well-established companies.

Tax Consulting (Tax Advisory Services)

In the tax consulting (tax advisory services) we will perform will be based on information provided to us by the company. We are not responsible for and will not verify completeness and accuracy of such information. Even if we are also the external accountants for accounting services or external auditors of the company. The company’s management is responsible for maintaining proper accounting records and ensuring that the company complies with prevailing tax laws and regulations in Indonesia (“the tax law”). This responsibility remains unchanged irrespective of the fact that the company has appointed us as the Company’s tax advisors. Under the tax law, tax payments are based on self-assessment. That is, the company remains responsible for the contents and submission of its tax return. Accordingly, the company should ensure that its tax returns are complete and accurate before they are finalized and signed. We reiterate that by signing the tax returns, the company assumes responsibility for any consequences, which may arise in the future under the self-assessment system. The Indonesian Tax Authorities (“ITA”) have powers to inquire into the completeness or accuracy of any tax return. Given that the prevailing statute of limitation is 10 years, it is advisable to maintain tax record together with all supporting documents for 10 years in anticipation of any tax audits conducted by ITA in the future. We will assist the company upon request on all matters related to taxation as follows: Understanding the aspects and ramifications of a newly contemplated transaction structure; Preparation, within the boundaries of tax law, of strategic tax policy in order to optimize its tax costs; Obtaining specific rulings from ITA; Liquidation procedure for corporate; Consultation in every tax problems.

Tax Administration

It is a service of assisting the company in handling its tax administration issues such as the registration and revocation of Tax ID Number (NPWP), proposal for centralization of VAT administration, proposal for bookkeeping in foreign language and currency and so on.

Tax Assessment Assistance

Tax Assessment Assistance (Audit Assistance) is a service of assisting and representing our clients in case of a tax audit performed by Indonesian tax authorities. We prepare the documents needed in the tax audit/verification process, handle correspondences with tax auditors and Tax Office, represent the company before tax audit process, such as explain the business nature and accounting process in the company and prepare answers and counter argument against tax auditor findings

Tax Objection And Tax Appeal

It is assistance on special tax cases such as assistance on objection against the official tax assessment letter or on appealing against the tax objection decision and on making proposal for obtaining tax clearance or tax refund from the tax office, and so on.

Tax Refund

In order to assist the company to refund VAT, Income Tax and Other Tax. According the tax law no. 16 year 2000, article 17B, if the company has requirement for refund the tax over payment so the report (financial report, tax return, etc) must be audited by the tax office (all taxes). We will help to recognize the tax liabilities (tax potential risk) before audited by tax office that could be better to review all tax compliance and tax obligation.

Customs Assessment Assistance

Customs Assessment Assistance (Customs Audit), usually called as post audit, is a post-entry control conducted periodically by Customs Auditor. The audit covers examination of data, documents, records, bookkeeping and reports related to import and export transactions. Mismanagement during the audit process may give rise an unexpected audit exposure for the company. We provide a service to assist our client during the audit process, represent the company, prepare the data, documents and reports requested by the auditor, prepare formal correspondences, take corrective actions, prepare answers and counter arguments against the customs auditor findings, along with the supporting evidences.

Customs Objection And Appeal

It is assistance on special customs cases such as assistance on objection against the official tax assessment letter or on appealing against the customs objection decision and on making proposal for obtaining customs clearance or customs refund from the customs office, and so on.

SWS consulting provide compiling Transfer Pricing Document.

Transfer Pricing Document is based on PMK-213/2016 regarding the types of documents and / or addi*onal information that must be kept by taxpayers who carry out transac*ons with related partes, and the procedures for managing them; Peraturan Dirjen (Direktur Jenderal) Pajak No.: PER-43/PJ/2010, as amended by PER-32/ PJ/2011, concerning the application of the principle of fairness and custom of business in transactions between taxpayers and related par*es, Regula*on of the Director General of Taxes No .: PER-22 /PJ / 2013 concerning guidelines for auditing taxpayers who have a related party; and / or Director General of Tax Circular No. SE-50/PJ/2013 concerning Technical Instructions for Auditing Taxpayers with related party.

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