True Partners In Teamwork

Corporate and Personal Business Solution

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WHO WE ARE

TRUE PARTNERS IN TEAM WORK

Established in Jakarta, Indonesia in 2009, PreciousNine is present to help you solve your tax and business problems.

With more than 15-year working experience in the area, our professionals understand quite well why and how to factor in tax when you make business decisions. Good tax planning will protect you from surprise tax assessments which may lead to serious damages to your business. A review of your past deals will reveal the pitfalls that may attract potential tax assessments.

We quite understand how to deal with such problems and are committed to share our experience and expertise to solve your tax and business problems. Trust and teamwork is key to any effective solutions. We will therefore work with you as true partners

“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.”

– Suze Orman

OUR SERVICES

TAX DISPUTE RESOLUTIONS

If you have a tax dispute, it means you disagree to a tax assessment imposed by the Director General of Taxes (DGT).

TAX PLANNING AND ADVISORY SERVICES

There is barely no business transaction without tax implication. Knowing the tax implication in advance will prevent you from surprise tax assessments.

MERGER & ACQUISITION

Tax always pose a significant risk in every M&A project. Knowing the tax profile of your target in advance is important not only to assess the worthiness of the project for your bid.

TRANSFER PRICING

Globalization combined with integration of business operations inevitably gives rise to transfer pricing risk.

CORPORATE TAX COMPLIANCE

Paying tax too much could be as disastrous as paying too small relative to the amount actually due.

MONTHLY TAX COMPLIANCE

Besides the annual compliance applicable for corporate income tax, companies are required to account for value added tax (VAT) and withholding tax (WHT) on a monthly basis.

INDIVIDUAL TAX COMPLIANCE

Individuals qualifying as Indonesian resident and generate income exceeding the non-taxable threshold (approximately US$4,000 per annum) are required to register with ….

TAX TRAINING

You may wish to have your own staff to handle your tax affairs, particularly tax compliance.

TAX AND MANAGEMENT REVIEWS

To be on track and under control, tax needs regular review and proper management.

MUTUAL ASISTANCE PROCEDURE

If you are facing tax treaty-related disputes with the tax authorities, you may tap the Mutual Assistance Procedure (MAP) mechanism for a resolution.

PAYROLL SERVICE

Routine as it may look, the payroll function may vary as new employees join in and existing ones go out, bonus is paid to certain employees in particular month….

ACCOUNTING SERVICE

Accounting is an inescapable function for any business. If you wish, we can help you get rid of this tedious work thereby allowing you to focus more on your business.

EXPATRIATE PERMIT SERVICE

Expatriates employment in Indonesia is subject to a number of requirements. To begin with, as a sponsor, you will need to draw up an Expatriates Employment Plan (“RPTKA”) setting out all the expatriates you are going to hire for a certain period …

TRUST ACCOUNT

Your business may involve from time to time a large number of bank transfers/payments for a variety of purposes ranging from salary payments, vendors payments, tax payments, etc. Our trust account service can get you free from this tedious work.

BUSINESS SETUP AND DISSOLUTION

Foreign parties wishing to do business in Indonesia should consider how to structure their in-country presence.

For more information Feel free to Contact with Us

LATEST NEWS

Transfer pricing under PMK 172/2023
Aiming for fair pricing with outright TPD

Tax relies on market forces for the pricing of virtually all types of business transactions. Market mechanism is believed to work well with transactions between independent parties: fair outcome is just taken for granted. Not so with transactions between parties of the same business group, deemed as being automatically consumed with a special relationship.

Minister of Finance (MOF) regulation Number PMK 172/2023 regarding transfer pricing (PMK 172) issued in late last year and took effect last month, like many other transfer pricing regulations, notionally aims to tackle the potential problem of unfair (non-arm’s length) pricing resulting from the presence of a special relationship in transactions between parties of the same group (affiliated transactions). This is dealt with from three fronts: outright transfer pricing documentation (TPD), mutual assistance procedure (MAP), and advance pricing agreement (APA).

ITNH 2-2024-Aiming for pricing with outright TPD