Business Valuation

Business Valuation

Business valuation is an important process for business entities during carrying out corporate actions such as raising additional capital or funding/ financing, mergers and acquisitions, divestments, etc. Apart from that, business valuation can be used by companies to carry out financial planning or business planning in the future. Business Valuation is a process of determining the value of a company or the market price of a company based on various factors (such as assets, income, and financial performance). Our partner has extensive experience in rendering Business Valuation Services for clients in a broad range of industries. The scope of business valuation includes but is not limited to business operations, investments, securities including their derivatives and other financial instruments, company rights and obligations, intangible assets, economic losses resulting from certain activities or events.

Business Establishment

Business Establishment

The increasing market openness and commitment of the Indonesian government to encourage investment in various business entities and projects in Indonesia are the enablers for investors to enter the Indonesian market by opening a business entity/ subsidiary/ permanent establishment. Our expert partner has provided end-to-end support for local and foreign entities to be able to establish their business in Indonesia. The services include legal support for the establishment of business or representative offices in Indonesian jurisdictions (focusing on Java Island).

Payroll Service

Payroll Service

Payroll management is one of the important aspects of company management. Due to its sensitive nature, improper payroll management that potentially leads to data leakage may result in inconvenience and distrust. Not to mention, the payroll process can be a time-consuming challenge for management.

In this regard, DGC provides a service with a focus on helping clients in doing payroll management. Our service will let you simplify the cumbersome process and save you valuable time and money so you can focus on your strategic business growth. This service comprises:

  • Recording and calculation of the company’s monthly payrol
  • Calculation of Income Tax Article 21/26.
  • Monthly Income Tax Article 21/26 Filing.
  • Corporate BPJS Administration (optional).
  • Payroll transfer to each employee.
  • Administering Payroll Slip.
  • Adminsitaring Withholding Income Tax Slip (Article 21/26) in accordance with Indonesian Tax legislation.
Income Tax Return

Income Tax Return

For those seeking the focus on business expansion, tax administration can be burdensome. Failure to comply with tax legislation can bring significant impediments to business. Through Income Tax Return Service, our teams have helped individual and corporate clients in the preparing and filing of Annual Tax Return.  We have also assisted our high-wealth individuals and expatriates in compliance with the Indonesian Tax Legislation.

Statutory Tax Compliance & Advisory

Statutory Tax Compliance & Advisory

Statutory compliance with tax regulation is imperative, especially for business entities, be it individuals or corporations. Our Tax Compliance service covers these specific areas:  monthly withholding tax returns, monthly VAT returns,  corporate income tax returns, and employee (payroll) income tax returns, assistance in response to SP2DK (Letter of Request for Explanation and Data/Information) from Tax Office. The scope of work can be suited according to your needs. Our experts consist of certified tax consultants with years of experience in advising clients upon tax matter. We have been supporting our local and foreign clients with strategic and updated tax advice relevant with their business. This is to optimize the benefit of tax planning while maintaining the tax risk exposure as minimum as possible.

Tax Dispute & Litigation

Tax Dispute & Litigation

Our team has proven their expertise in supporting our client in the tax dispute. We have successfully assisted our clients in settling their tax disputes (Tax Audit and Objection) with optimal results. We employ the combination of comprehensive legal framework, theoretical concepts, and experience to obtain optimal results, as well as ensure that our professionals uphold ethical codes and perform their duty in compliance with applicable laws.  Our team will help you in each stage of tax audit and objection, be it data/information collection, case building, and legal argument, providing a written response, representing you in interacting with the tax authority, and evaluating tax audit techniques conducted by tax authority when necessary.

  • Our teams have also been engaging in extensive work dealing with corporate tax litigation. Be it indirect tax, income tax, or transfer pricing issue, we provide comprehensive support regarding legal challenge posed in tax litigation. The scope of work in this service may encompass the following items:Assessment and development of tax litigation approach
  • Assistance in preparing and filing tax appeals/ tax law sui
  • Assistance and/or representation in court
  • Assistance in filing civil review in Court
Tax Review

Tax Review

The absence of resources and guidelines in interpreting and implementing tax regulations in Indonesia may give certain risk exposure to your business entity. To minimize such risk, our expert will assist you in analyzing compliance and how prudent your taxation is. Our comprehensive tax review is designed to give additional value, which may increase the degree of assurance in overall tax compliance. We will conduct an overall evaluation of bookkeeping, tax calculation, tax accounting, and tax reporting. Upon this engagement, the team will not only discover a strong basis for your factual position along with its inherent tax risk but also propose with alternative solution.

Transfer Pricing

Transfer Pricing

Tax authorities are increasing awareness and intensifying their scrutiny of Business Group-affiliated transactions. Indonesia has established a set of rules and audit standards regarding the transfer pricing matter. Therefore, certain entities may be required to provide and disclose Transfer Pricing Documentation (Local File, Master File, and CBCR when necessary). Non-compliant parties may potentially exposed to stricter penalties or higher tax risk due to significant fiscal correction during tax audits.

Due Dilligence

Due Dilligence

Tax due diligence is immensely important during the business restructuring process, particularly mergers & acquisitions, divestment, and spin-offs, as well as business dissolution. The main objective of tax due diligence is to assess the overall tax profile of the target entity. Without proper tax due diligence, an entity’s tax situation can not be determined, thus any potential inherent tax risk can not be well mitigated. Through tax due diligence, the disclosed and undisclosed data, realized and unrealized tax liabilities, and their tax risk exposure can be determined. This will help the purchaser to establish the appropriate acquisition price or funding structures. Contact us for further inquiries.

Bookkeeping Service

Bookkeeping Service

For business entities with lean management or for those seeking to expand or establish a subsidiary/ branch in Indonesia, for NGOs that are aiming their financial accounting in Indonesian site/ project, or entity with temporary project in Indonesia, outsourcing the daily accounting function has prevalently become an option. There are significant advantages for clients who decide to outsource their accounting tasks, i.e. cost-efficiency, better access to expertise and skilled human resources in accounting, flexibility in terms of employment, and a standardized accounting process. Therefore, a business entity can allocate its human resources to focus on the core business or strategic operation. Our distinctive mix of expertise in daily accounting services provides you with everything you need to build consistent, standardized accounting processes, and rigorous local compliance. This service comprises among others:

  • Setting up Accounting Information System
  • Daily bookkeeping/ accounting journal
  • Bank reconciliation
  • Petty cash mangement
  • Invoicing
  • Preparation of Interim Financial Statements
  • Preparation of End Year Financial Statements