Manufacturing is the value added production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale.
Indonesia’s manufacturing industry have shown good growth. Based on the statistical report titled “International Yearbook of Industrial Statistics 2016”, the manufacturing industry in Indonesia is reported to have contributed nearly a quarter of the gross domestic product (GDP).
United Nations Industrial Development Organization (UNIDO) recognizes Indonesia ranked 10th in the world of the manufacturing industry.
We have assisted our clients in resolving the case and provided solution of tax issues such as:
Some of the tax regulation associated with manufacturing industry among others are: