| |
Survey on Doing Business in Indonesia Through Singapore
|
|
|
|
Survey on Doing Business in Indonesia Through Singapore
As you may be aware, Indonesia has recently ratified the tax treaty with Hong Kong. The tax treaty will take effect from 1 April 2013 in Hong Kong and 1 January 2013 in Indonesia.
Under the new treaty, Indonesia will reduce taxes on Hong Kong investors’ income in dividends, royalties, interest on financial products and profit generated by branches of Hong Kong companies operating in the country.
This potentially favours Hong Kong against Singapore such that it may affect Singapore’s position as a choice location for holding company into Indonesia. It may also encourage Singapore companies holding investments in Indonesia to move to Hong Kong to take advantage of this new agreement.
Pleace Click here here for the comparison between the tax treaty of the Singapore-Indonesia and that of Hong Kong-Indonesia:
This survey will take approximately 7 minutes to complete. To access the survey, Please
Click here .
Please complete the survey by 15 June 2012. Your feedback will be valuable to SBF/SICC in support of the need for the government to focus on this issue. Feedback received will be kept confidential and shared only on an aggregate basis.
Should you have any queries, please contact:
Mr Alan Tan, Director, ASEAN & South Asia, Global Business Division at tel: 6827 6894
Ms Candy Chio, Executive, ASEAN, Global Business Division at tel: 6827 6876
|
|
back to top |
