Guide to Understanding VAT Invoices for Businesses

Guide to Understanding VAT Invoices for Businesses

This article provides a clear and comprehensive explanation of VAT Invoices, covering their concept, purpose, function, and types. They serve not only as proof of transactions between businesses and consumers but also as crucial documents for corporate tax filing, claiming input VAT credits, and contributing to national tax revenue. Understanding VAT Invoices is essential for businesses to ensure tax compliance and for consumers to protect their rights.

01/23/2026 Customs Knowledge
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Guide to Due Diligence for Indonesian Businesses

Guide to Due Diligence for Indonesian Businesses

This article details how to query Indonesian company business reports, including accessing the official inquiry portal, filling in order information, purchasing voucher codes, payment activation, and report interpretation. By consulting the business report, you can understand key information such as the company's registration details, shareholder information, director information, and registered capital. This helps reduce commercial risks and protect your own rights when doing business with Indonesian companies. Understanding these steps is crucial for due diligence and informed decision-making.

02/03/2026 Customs Knowledge
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EU Carbon Border Tax Marks Climate Policy Milestone

EU Carbon Border Tax Marks Climate Policy Milestone

The EU's Carbon Border Adjustment Mechanism (CBAM) is a crucial policy tool for addressing climate change and preventing carbon leakage. Its legislative journey began in 2019, encompassing drafting, internal negotiations, formal adoption, and entry into force. By imposing carbon tariffs on high-carbon emission goods, CBAM aims to promote global emissions reduction, reshape trade patterns, and drive technological innovation. The EU will continuously revise and adjust CBAM to ensure its effectiveness and feasibility in achieving its climate goals and preventing unfair competition.

01/21/2026 Customs Knowledge
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