Reanda Bernardi is ready to support your expansion plan to Indonesia which has been showing rapid growth for the past few years. Services that we provide are:

1.       Business advisory

• Advice on the type of entity for doing business in Indonesia by considering investment and tax incentives and local regulations.
• Provide full service in setting up a subsidiary, representative office or branch office, from the legal requirements (deed of establishment and various licenses) to accounting and tax reporting requirements.
• Assist in the merger and acquisition deal in Indonesia
• Assist in liquidating a business in Indonesia from both legal, accounting and tax aspects.
• Corporate compliance and corporate secretarial services to comply with prevailing local regulations pertaining to tax and financial reporting.
• Employment regulation advisory: advice in meeting labor-related regulations, including work and stay permits for expatriates.
• Accounting and book-keeping services
• Payroll advisory services: registering and obtaining a Jamsostek certificate for the company and Jamsostek cards for employees; calculating employee income tax and preparation of salary reports and salary slips; preparation, payment and submission of monthly employee income tax and monthly Jamsostek, including report to Jamsostek of new and resigned employees; preparation of withholding tax summary & withholding tax certificates; preparation, payment and submission of the annual Jamsostek report including providing Jamsostek balance of old age saving (JHT); and preparation, payment and submission of the employee’s annual income tax (form 1721) including preparation of the tax forms for each employee (1721A1).

2.       Capital market services (IPO services)

We provide a complete set of value chain for companies that attempt to do capital raising in the market. Our going public services (pre-IPO, IPO, and post-IPO) which include:

• IPO readiness assessment: integrated book-keeping, tax and internal control advisory services to help clients getting everything ready to meet regulatory requirements for IPO audits.
• During IPO: our services come in when a company has already decided to do single in Indonesia Stock Exchange (IDX) or dual listing in IDX and any other stock exchanges. Services we provide include:

• IPO audits to meet the regulators’ requirements, IDX and OJK (Indonesia Financial Services Authority).
• Financial statements conversion support to IFRS, US GAAP or other reporting standards acceptable to the host exchange.
• Review Management Discussion and Analysis (MD&A) and other parts of the prospectus or offering circular required by the standard setters and regulators related to the financial statements and pro forma financial statements (when required).
• Advise the company on business plan, financial modeling and business valuation.
• Provide due diligence (financial and tax) support, including review of prospectus and offering circular.
• Help design and implement internal control system and procedures, organizational structure, process or corporate governance changes.

• Post IPO: continuing support to operate as a listed company. Services we provide include:

• Advice on compliance with regulations and standards issued by IDX and OJK.
• Systems and business process reviews to improve the speed of financial and regulatory reporting.
• Establishment or improvement of internal audit functions and other governance systems.
• Incorporate the new accounting policies and new/revised accounting standards into the financial reporting systems.
• Review management’s evaluation of accounting treatment on new and/or complex transactions.
• Support in preparing secondary offerings or other corporate actions.
• Provide technical training and updates on Indonesian Financial Accounting Standards and/or IFRS and other regulatory developments.

3.       Corporate finance

We assist companies that try to expand their business through inorganic growth. Our team enhances the success of a deal by investigating the potential target (buyer side) and improving a negotiation position (seller side).

Our Corporate Finance services include:

• Mergers, acquisitions and divestitures (sell-off)
• Capital raising- private equity or capital markets
• Valuations
• Strategic placement and general corporate advice
• Project finance:
• Financial modeling and sensitivity analysis
• Advice on structuring project contracts
• Financial structuring
• Arranging of multi-source funding
• Public private partnerships
• Corporate advisory
• M&A Transaction services:
• Financial and tax due diligence of potential acquisition targets
• Tax/accounting deal structuring
• Purchase price and financing agreement review
• Transaction closing
• Bankruptcy/trouble-debt advisory

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