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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. …

Recruitment in Indonesia: Understanding the Labor Situation and Recruitment Process

Posted 17.03. 2016 by Cekindo , last update on 24.05. 2017

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 …

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. …

Company Restructuring in Indonesia: General Overview

Posted 13.10. 2015 by Michal Wasserbauer , last update on 20.02. 2017

There are many reasons why many companies want to do some restructuring in Indonesia. Because of the dynamic condition of the market as well as the industry, plus the advancement of information technology, change is something that is inevitable for every company. The reasons vary from the company’s intention to change its business nature, products …

Shareholders, Commissioners, and Director of PT PMA in Indonesia: Who Can Take the Roles?

Posted 6.10. 2015 by Michal Wasserbauer , last update on 9.03. 2017

Based on Indonesia Company Law, every PT PMA should have at least one director, one commissioner, and two shareholders. The appointment of the director(s) and the commissioner(s) is made up in the General Meeting of Shareholders. To avoid the overlapping roles between the board of directors and the board of commissioners, we need to distinguish …

PT PMA in Indonesia – Several Business Licenses for One Business Entity

Posted 4.05. 2015 by Cekindo , last update on 6.02. 2017

Foreign investors who intend to conduct business in Indonesia should understand foreign investment regulations, such as requirements for obtaining business licenses or permits.  The specification type of business licenses depends upon the type of business activities being pursued. Some business entities may require more than one business license, so, you must know what types of …

Indonesian Business Entities

Posted 28.05. 2014 by Nurmia Agustina , last update on 20.04. 2017

Indonesia offers many opportunities to foreign investors. The Indonesian government has recognizes the significant role foreign investors can play in the growth and development of the business sector and the national economy. Continuing deregulation and reduction in bureaucracy is creating a wider range of investment activities for foreign investors. In addition, Indonesia is rich natural …

Company registration in Indonesia

Posted 19.03. 2014 by Nurmia Dwi Agustina , last update on 6.04. 2017

Overview of foreign investment in Indonesia Indonesia is a member country of the G20, which represents the world’s major economies. With a population of nearly 250 million people, Indonesia has the 4th largest population in the world. These promising conditions make Indonesia a very attractive market for investment from around the world. Government regulations in Indonesia could classified …