Whilst a company such as ours would normally be required to use a global service provider, we use The Practice Consulting for corporate secretarial and other administration services.

The Practice represented the epitome of professionalism, competence, and responsiveness in Indonesia. Simply put, without the able services of The Practice, I would not have been able to set up or run my business in Indonesia.
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Apart from handling all our tax, payroll, accounting and corporate requirements at the office (including vehicle, warehouse leasing and HR matters), The Practice was regularly called upon to handle issues of everyday life in Jakarta.

When my International partner was needing somebody to tidy up difficult personnel and tax issues within their organization, I had no hesitation in recommending The Practice to assist with solving the problems. They are quick to respond, dedicated and conscientious; with their in-country experience, they have an extremely good knowledge of “what works” in Indonesia.

We have worked with The Practice now for a little over 18 months and particularly value their pro-active style of suggesting ideas and solutions regarding the accounting and statutory requirements of our businesses. It’s refreshing to find a professional firm of accountants and Lawyers that not only offer a personal service, but that also have extensive expertise in different areas including specialist taxation and solid back office support. They are extremely efficient.
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Since we appointed The Practice we have been nothing but impressed with the service they have provided. Beyond the day-to-day management of our accounts, effectively taking on the role of an in-house financial adviser, which to a business of our size is invaluable. We get the care and attention we would get from a much smaller accountancy firm but with the services and resources of one much bigger.

We recently undertook a project to acquire a number of products from another company within our sector (pharmaceuticals). The negotiations went well and following a few months of discussion the contact was close to finalization.
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Late in the day, a potential problem was identified – an interpretation of the nature of the deal – which would have significantly changed the tax position of the contract.Both parties initially sought advice from regular sources (legal and taxation advisors) but agreement could not be reached.
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With the agreement of the seller, I contacted Wilfred at The Practice (with whom I have worked before) to look for some alternative thinking. Wilfred responded immediately and following a brief review of paper was able to offer a new perspective as to the nature of the acquisition – consistent with existing contract wording. With the facilitation of The Practice, both parties reviewed the new proposal. Within a short time, both agreed that this provided a sound and workable compromise.
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The capacity for alternative thinking plus speed of response are exactly the reasons I am always delighted to work with The Practice and look forward to doing so again.

Having worked with over the past year, I feel the Practice has made significant strides towards developing a culture of respect for privacy, integrity, and market knowledge within our company. The Practice has helped us bring our practices into line with the laws in Indonesia.

DKSH has used the Practice to assist in a company start-up, procuring all business licenses, providing accounting advice and full tax planning. They were actively involved with the due diligence for a recent successful takeover. Their approach is practical, their service outstanding.

The Practice is brilliant. They were of great assistance in our successful tender submission and have attended to all our corporate and administrative requirements.

Our Indonesian business has only just started moving again, after the Asian financial crisis; The Practice has played an invaluable administrative role in helping us prepare for the revival in our sector.

The Practice was instrumental in setting up a company, and arranging for equipment financing for our local partner; the Practice does all invoicing, and collects and pays all bills, and attends to all the company administration.

We have been delighted to be involved with the Practice, in working together to further develop the Indonesian Steel industry.

We are very grateful to our lawyers for introducing us to The Practice. They are providing us with excellent commercial advice that is giving us the best platform for the development of our business.

The Practice has an excellent relationship with a variety of consulting firms. One such firm, PriceWaterhouseCoopers, has the confidence to refer its large and small clients to the Practice when it, PWC, is unable, through conflict of interest situations to service those clients.

The Practice is always available to assist, both from a personal standpoint, as well as in relation to my company. With the Practice’s support, I have every confidence that all my taxation, statutory and administrative obligations are met.