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Permanent Business License: What You Need to Know About It

Starting a business in Indonesia might feel like overcoming one huge challenge. Unfortunately, the process of fighting Indonesian bureaucracy does not even end when your company is finally set up. People will officially and legally recognize your business only when it’s able to acquire its permanent business license Indonesia. What Is a Permanent Business License? ...

Company Incorporation Indonesia: Learning from the Expert

Indonesia is opening all its doors for grand business opportunities, and many foreign investors do not want to miss the chance to become one of the early birds and start a business there. Are you wondering what kind of company would fit your needs the best and how to start a business in Indonesia? If ...

Expand Your Export/Import Operations with Third Party Logistics in Indonesia

Indonesia’s strong economic growth, young population, and increasing consumer demand make it an attractive country to invest in especially in export import Indonesia. Despite the growth, ease of doing business, and fewer restrictions on industries you can put your money in, there are still roadblocks to conquer particularly in logistics. The UK government cites the ...

The Challenges of Doing Business in Indonesia and How to Tackle Them: Part 1

As the largest economy in Southeast Asia, Indonesia has a total GDP of USD888 million with target GDP growth set at 5.2 percent. The archipelago was ranked 91th out of 189 countries in the Ease of Doing Business 2017 report. Indonesia certainly draws attention to many foreigners looking to establish their businesses in the country. ...

All You Need to Know about Setting Up an Import Company in Indonesia

Setting up a trading and/or an import company in Indonesia should not be overwhelming. As long as you get help from the right party, setting up an import company will be easier. They will help you to understand the requirements you need to comply and the processes you need to follow. Again, we will try ...

The Trend of Financial Technology in Indonesia

An Overview of Financial Technology Technology development has changed many aspects of human life, including in businesses. The innovation of the financial technology started in the banking industry, for instance in the emerge of core banking system. It keeps evolving to the side of its customers, such as the development of large tech and startup ...

Business Set Up Indonesia: Overview

 Indonesia Company Registration When you are planning to expand your business to Indonesia, you might need a clear overview to guide you on running the business in this country. You can see the summary of our services in the table below to help you find which solution might fit the best for your business. Services ...

Update from Ministry of Law and Human Rights: New Regulation on Capital Submission Proof

Having a sufficient amount of capital is one of the requirements if you want to establish a PMA (a foreign company). You must have the minimum authorized capital as stated in the Company Law No. 40 Year 2007. In the past, the minimum of a foreign company’s authorized capital was IDR 10 billion, which means ...

Understanding Non-Profit Organization in Indonesia : How to Establish a Foundation

According to the Law Number 28 Year 2004 and amendment of Law Number 16 Year 2001, Foundation (Yayasan), one of types of Non-Profit Organization, as a non-membership legal entity, established based on the separation of assets, and intended as a vehicle for attaining certain purposes in the social, religious, or humanitarian fields. One or more ...

3-hour Investment Licensing Service: A Breakthrough in Indonesia’s Economic Package

Investing in Indonesia is getting faster and easier now. Since January 2016, The Investment Coordinating Board (BKPM) has launched a three-hour investment permit service for investors. The service is part of BKPM’s One-Stop Integrated Service (PTSP) program, which will allow prospective investors with a minimum investment of IDR 100 billion (US$7.33 million) and/or absorb a workforce ...

Registering Trademark in Indonesia: An Important Legal Issue

Registering your trademark is one of the most important step to secure your business. Trademark is a valuable asset for any company because trademark considered intellectual property (IP) One important lesson we can learn from the IKEA case that failed to claim its IKEA trademark in a dispute with an Indonesian rattan furniture company is you ...

Recruitment in Indonesia: Understanding the Labor Situation and Recruitment Process

Once you have your company legally set, you are ready to run your business. In this step, you need to have people to support your company Not only rich of natural resources and potential markets, but Indonesia is also rich of labor forces. The problem is newly established foreign company in Indonesia, known as PT ...