Related Party Transactions

Transfer Pricing Documentation Indonesia

Complete guide to transfer pricing requirements for PT PMA companies with related party transactions. Learn about documentation thresholds, master file, local file, and compliance obligations.

Get TP Assistance

Key Requirements

Core Principle
Arm's Length Pricing
Documentation
Master File + Local File
Availability
4 Months After Year End
Retention
10 Years Minimum

When is TP Documentation Required?

Meet any ONE of these thresholds and Master File + Local File is mandatory

IDR 50 Billion

Gross Revenue

Master File & Local File Required

IDR 20 Billion

Related Party Transactions

Master File & Local File Required

IDR 5 Billion

Intangible Transactions

Master File & Local File Required

Any Amount

With Tax Haven

Master File & Local File Required

Documentation Requirements

What must be included in your transfer pricing documentation

Master File

Global MNE Group Overview

  • Organizational structure and ownership
  • Description of MNE group business
  • MNE group intangibles strategy
  • Intercompany financial activities
  • MNE group financial and tax positions
  • Consolidated financial statements
  • List of existing unilateral APAs and rulings

Local File

Indonesian Entity Details

  • Local entity management structure
  • Detailed business description
  • Related party transaction details
  • Functional analysis
  • Comparability analysis
  • Selection of transfer pricing method
  • Application of method and documentation
  • Financial information and allocation keys

Transfer Pricing Methods

Accepted methods for determining arm's length pricing in Indonesia

Comparable Uncontrolled Price (CUP)

Compares price charged in controlled transaction to price in comparable uncontrolled transaction

Best for: Commodity transactions, identical products

Resale Price Method (RPM)

Based on resale price to independent party minus appropriate gross margin

Best for: Distribution activities with limited value-add

Cost Plus Method (CPM)

Cost incurred plus appropriate markup based on functions performed

Best for: Manufacturing, service providers

Transactional Net Margin Method (TNMM)

Examines net profit margin relative to appropriate base (costs, sales, assets)

Best for: Complex transactions, limited comparables

Profit Split Method (PSM)

Allocates combined profits based on relative contributions

Best for: Highly integrated operations, unique intangibles

Who is a Related Party?

Understanding related party relationships under Indonesian tax law

Relationship TypeDefinitionExample
Direct Ownership25% or more ownership interestParent company owning 51% of subsidiary
Indirect OwnershipControl through intermediate entitiesGrandparent company through subsidiary
Common ControlSame parties control both entitiesSister companies with same shareholders
Management ControlControl through management or technologyFranchise or license arrangements
Debt Dependency50%+ of capital from related party loansIntercompany financing arrangements

Compliance Timeline

Key deadlines for transfer pricing compliance

Year End

Complete all related party transactions documentation

Maintain contemporaneous records

4 Months After Year End

TP Documentation must be available

Master File and Local File ready

With Annual Tax Return

Submit TP Form (Attachment 3A)

Summary of related party transactions

Upon Request

Provide full TP Documentation to DGT

Within 1 month of request

Penalties for Non-Compliance

Failure to comply with transfer pricing requirements can result in significant penalties

ViolationPenaltyNotes
No TP DocumentationIDR 1,000,000 per documentPer missing master/local file
Late DocumentationSame as no documentationMust be available within 4 months
Insufficient DocumentationTax adjustment + 2%/month interestIf DGT makes TP adjustment
Fraudulent ReportingUp to 4x underpaid taxPlus potential criminal prosecution

Frequently Asked Questions

Common questions about transfer pricing in Indonesia

What is transfer pricing in Indonesia?

Transfer pricing refers to the pricing of transactions between related parties. In Indonesia, companies must ensure that related party transactions are conducted at arm's length prices - meaning prices that would be charged between independent parties in comparable circumstances.

When is TP documentation required in Indonesia?

TP documentation (Master File and Local File) is required if your company has: gross revenue exceeding IDR 50 billion, OR related party transactions exceeding IDR 20 billion, OR related party transactions involving intangibles exceeding IDR 5 billion, OR any transactions with parties in tax haven jurisdictions.

What is the arm's length principle?

The arm's length principle requires that transactions between related parties be priced as if they were between independent parties under comparable circumstances. This is the international standard for transfer pricing used in Indonesia and most countries worldwide.

What happens if my company doesn't have TP documentation?

Failure to maintain TP documentation can result in penalties of IDR 1,000,000 per missing document. More significantly, the tax authority (DGT) can make transfer pricing adjustments and assess additional taxes with 2% monthly interest penalties.

What is the difference between Master File and Local File?

The Master File provides a high-level overview of the multinational group's global business, including organizational structure, intangibles, and financial arrangements. The Local File contains detailed information about specific related party transactions of the Indonesian entity.

How long must TP documentation be retained?

Transfer pricing documentation must be retained for at least 10 years from the end of the tax year to which it relates. Documentation must be available in Indonesian language within 1 month of a request from the tax authority.

Need Transfer Pricing Support?

Our transfer pricing specialists can prepare your Master File and Local File, conduct benchmarking studies, and ensure full compliance with Indonesian regulations.

Get TP Documentation Help
Chat with us