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Introduction to Minimum Capital Investment in Indonesia

The required amount of minimum capital to set up a legal entity in Indonesia might seem like a straightforward issue, but this is often not the case. It might be simple for locals to set up a local-owned company (PT), but it becomes more complicated for foreigners to set up a foreign-owned company (PT PMA). ...

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 ...

Share Capital and the Sales-Purchase of Shares in Indonesia

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 ...

Should You Establish a PT, a PT PMA or a Representative Office in Semarang?

Semarang’s strategic location in the heart of Java in Indonesia makes it an ideal location for business investors to set up a company, or in other words to carry out a company registration. The powerhouse economies of neighboring countries such as Singapore are also easily reachable from Semarang, providing wonderful cross-border trade and investment opportunities. ...

Why You Need to Build a Call Center in Semarang

In this high technology era, every single brand in the market always competes to show its competence as well as to gain customers’ trust. Without trust, your customers might not be as loyal as you think, and loyalty can be gained from the well-prepared and excellent communications that you and your company have provided. No ...

How to Start a Tea Business in Indonesia

Starting a business in Indonesia by opening a retail shop is one of the most profitable investments that a foreigner can do. But what do you sell actually to make the most out of your investment? Selling beverage products, especially tea can be a good idea. Indonesia is one of the top tea producers across ...

5 Things to Prepare before Incorporating a Company in Indonesia

Indonesia is no doubt a truly attractive market that all foreigners are eyeing on. Recently, the country has also been ranked the world’s 16th largest economy, making company incorporation in Indonesia something to be considered. However, regardless of where you are from, an entrepreneur’s life can be an exciting yet frightening roller coaster if you ...

What to Know about Foreign Investment in Vocational Institutions in Vietnam

Decree No. 15/2019/ND-CP or Decree 15 was announced effective on March 20, 2019 by the government regarding foreign investment in the vocational education sector in Vietnam. This recently issued regulation has introduced new requirements for foreign investors with detailed instructions on Vocational Education and Training (LOVET). This regulation is expected to bring in more foreign ...

Airbnb Bali: How Foreigners Can Rent Out Their Airbnb Villas Legally

Anyone with an interest in Bali knows that the Airbnb villas available on this island are getting more and more plentiful. In addition, the quality of these Airbnb villas makes Airbnb Bali way better than Airbnb anywhere else in the world. The growth of the Airbnb villas is no-brainer: Bali has been going through a ...

Common Business Mistakes to Avoid in Vietnam

Business mistakes and frustration are not unusual when doing business in Vietnam. The lack of insight into the Vietnamese market has often given rise to some rather disheartening investments and business failures. As a reputable business consulting firm for so many years, Cekindo has had a lot of expertise to see what works and what ...

Starting Villa Rentals in Bali with Local Company Setup

Having one or more types of passive income is one of the ultimate goals that everyone wants to achieve. There is no doubt that starting a villa rental business in Bali could help foreigners reach that goal. Over the years, villa rental in Bali has become one of the most popular businesses on the island ...

Business Activities Prohibited for Foreigners in Vietnam

When you have decided to invest in Vietnam as a foreign investor, you must first study the feasibility of the sector you are interested in. One of them is that you ought to ensure that the business sector that you plan to invest and operate is permitted by the Vietnamese Law, or is restricted by ...