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Part 2: The Challenges of Doing Business in Indonesia and How to Tackle Them

Posted 14.09. 2017 by Cekindo , last update on 4.10. 2017

In the first part of the article, we discussed the first two challenges of doing business in Indonesia – foreign ownership limitations and the complex government regulations. Here, we will be discussing three more of these major challenges and how best to tackle them.   3. Elaborate Taxation System Taxation regulations in the country apply …

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

Posted 13.09. 2017 by Cekindo , last update on 4.10. 2017

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. …

5 Most Prospective Business Sectors in Indonesia

Posted 20.12. 2016 by Cekindo , last update on 19.05. 2017

Considering that Indonesian economic climate keeps improving, especially due to many reformations in bureaucracy and investment regulation, more and more foreign investors have come and invested in Indonesia. Those companies target this diverse country because of its huge potentials of raw materials, abundant manpower, big and complex emerging markets, dense population with relatively great purchasing …

Registering Medical Devices In Indonesia

Posted 5.12. 2016 by Cekindo , last update on 22.05. 2017

Healthcare system in Indonesia is currently showing significant progress. Since the launch of the universal healthcare program by the government in January 2014, known as Jaminan Kesehatan Nasional (JKN), Indonesia has made some improvements in its healthcare service. There is a significant growth in the number of hospitals, with 130 new general hospitals and 50 …

Opening an E-commerce Company in Indonesia

Posted 10.11. 2016 by Cekindo , last update on 22.05. 2017

Since the issuing of Presidential Decree No. 44 Year 2016, foreign investors can now open e-commerce business with 100 percent of full ownership for foreigners. This condition opens an opportunity for e-commerce business to fully expand in Indonesia. In this article, we will show you in depth about establishing e-commerce business in Indonesia. Since there …

How to Start a Business in Indonesia

Posted 25.10. 2016 by Cekindo , last update on 26.05. 2017

With current political and economic climate that highly support the foreign investments, Indonesia has become a lucrative target for many foreign investors. So, the questions on how to start a business in Indonesia has come so frequently to our mind. In this article, we would like to discuss more on the things every foreign investor …

Why Businessman Need Background Check in Indonesia?

Posted 24.05. 2016 by Cekindo , last update on 20.02. 2017

When you are running and develop your business in Indonesia, it is very important that your company is supported by workers with experience and proven practices, have a good track record and assumed not bring troubles to your company in the future. Surely an organization / company has a goal to be achieved. Achievement of …

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

Posted 17.05. 2016 by Cekindo , last update on 23.05. 2017

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

Posted 25.04. 2016 by Cekindo , last update on 24.05. 2017

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 …

Establishing Virtual Office in Indonesia is Now Legal

Posted 10.03. 2016 by Cekindo , last update on 24.05. 2017

If your company is considering about business expansion in Indonesia, but you do not have the resources to get the real professional office, now you can try to establish a virtual office. Companies with limited capital that wish to get the complete facility of professional and reliable offices. Also can use the service of virtual offices. …

Non-Profit Organization Outlook in Indonesia: An Insight for Foreign Entities

Posted 8.03. 2016 by Cekindo , last update on 24.05. 2017

There are 2 types of association/organization that existed in Indonesia, The first is profit organization, and the second is non-profit association/organization. The first is Profit Organization or well known as firm, company or corporation. This type of organization is focus on gain profit as its main purpose. For foreign entities, information regarding establishing a foreign …

Share Capital and the Sales-Purchase of Shares in Indonesia

Posted 5.02. 2016 by Cekindo , last update on 4.07. 2017

The Share Capital of PT PMA All the money invested by the shareholder in a company named as share capital. As a result, the shareholders will receive some return for their investment in the form of share ownership of the company. In Indonesia, the share capital for local PT and PT PMA is regulated under the …