Company: NUTR
Filing Date: 2025-05-23
Form Type: S-1/A
Source: 0001641172-25-012203
Chunk: 108

Company: NUSATRIP Inc
Filing Date: 2025-05-23
Form: S-1/A
Chunk 108
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 to MOM upon their establishment, discontinuation, re-opening, transfer (i.e., transfer of domicile or location, or transfer of ownership), or dissolution within 30 days after such establishment or re-opening or at least 30 days before the discontinuation, change of address or dissolution. The manpower report submitted with regard to employer’s establishment, re-opening, or transfer shall contain the employer’s identity, manpower relationship, manpower protection, and employment opportunity. In addition, employers shall also submit a periodical manpower report annually to the MOM (via the relevant manpower office having authority over their domicile) and currently, via the applicable online system. The Company has complied with the submission of the annual mandatory manpower report for year of 2024.

The Company has complied with the applicable minimum wage of the DKI Jakarta Province for the year 2024 as stipulated under Decree of the Governor of DKI Jakarta No. 818 of 2023 which is in the amount of Rp5,067,381.00.

Under the Law of Republic of Indonesia No. 24 of 2011 on Social Security Administrative Body, all Indonesian companies are required to enrol all of their employees, including their family, with social security programs provided by Manpower Social Security Administrative Body (“ Manpower BPJS”) and Health Social Security Administrative Body (“ Health BPJS”). Employers shall pay the relevant premiums of these social security programs in a proportion as determined by the applicable regulations. The Company has complied with the requirement to enrol all of their employees and has paid the relevant premiums of Manpower BPJS and Health BPJS.

Intellectual property

Under the Law of Republic of Indonesia No. 20 of 2016 on Trademarks and Geographical Indications as amended by Job Creation Law, rights to a trademark shall be obtained after the relevant trademark is registered. A registered trademark shall receive a legal protection for a period of ten years and can be extended for the same period of time. As of December 31, 2024 the company owned 7 registered or pending trademarks in 4 other jurisdictions.

Taxation and Financial Reporting

Value Added Tax

Value Added Tax (“VAT”) in Indonesia is a consumption tax that is applied to the sale of goods and services. The standard VAT rate in Indonesia is 12%. Businesses that meet the criteria are required to register for VAT and charge it on their sales. VAT returns must be filed periodically with the tax authorities.

Income Tax

Companies are subject to income tax on their earnings. Online platforms must ensure they comply with