Tag: Offshore Loan

Reporting Obligation in Offshore Loan

Reporting Obligation in Offshore Loan Reporting Obligation in Offshore Loan

“Offshore Loans must be reported to Bank Indonesia.” In regard to supporting and/or expanding a business, some entrepreneurs borrow funds from abroad to cover the costs they need. The borrowing of funds from abroad is included in the activities of Foreign Exchange Traffic, so it needs to be reported to the competent authority, which is […]