Behind every success of business expansion is the comprehensive knowledge of regulations, legal compliances, procedures and socio culture, among others. If you are intending to expand to Indonesia, get our free copy of e-book to learn about starting a business in Indonesia, everything you need to know from A-Z. Simply click the "download" button below.
The recent enactment of Indonesia’s Positive Investment List (Daftar Positif Investasi – DPI), has a knock-on effect on its Tourism sector. DPI has opened up wider possibilities for foreign investors to participate in Kawasan Strategis Pariwisata Nasional (KSPN), or commonly referred to as the “10 New Bali”- a nationwide project to expand Indonesia’s tourism investment …
In order to support Singapore’s Small and Medium Enterprises (SMEs) to expand their operations into the international market, MRA Grant was introduced by the Government. It aims at providing information, learning opportunities, and financial assistance which helps companies to easily expand their arms into new territories and mitigates the risk of uncertainty. What is Enterprise …
Following the enactment of Indonesia’s Omnibus Bill, its Government has released an update of business sectors and lines (also commonly referred to as KBLI) that are now open to foreign investment in Indonesia. Although the revised Negative Investment List was drafted to attract more foreign investors and has been dubbed the “Positive Investment List”, this …
Well-capitalized firms looking to expand are currently faced with an aberrant opportunity to make acquisitions and consolidate power. As the pandemic continues to take its toll on the economy, weaker business actors in Indonesia receiving handouts via government support schemes or dipping into their cash reserves, could be fast approaching a state of deeper financial …
A recent Google research indicated that the coronavirus pandemic had accelerated the Vietnam digital economy. The digital economy in Vietnam expanded by 16% in 2020, amounting to US$ 14 billion. The research further estimated that the growth would continue until 2025 with an amount of US$ 52 billion. Prior to the COVID-19 episode, 3.1 hours …
With more than 300 ethnic groups, Indonesia is the largest archipelago in the world. The country boasts abundant and diverse natural resources, not to mention the wonderful tourist destinations whose beauty captivate everyone, such as Bali, Lombok, Raja Ampat, and the new shining star Sumba Island. But, Indonesia is more than just a popular travel …
On November 20, 2019, Vietnam’s National Assembly adopted the New Labor Code. The New Labor Code replaced the 2012 Labor Code starting January 1, 2021. The implementation of the new law will undoubtedly create a strong foundation for the federal government, employees, and the representative organizations of employers towards equal rights for all parties involved …
Under the Regulation PMK-35 issued by the Ministry of Finance, a permanent establishment is a fixed and permanent business location where foreign investors conduct business activities in Indonesia. The location of the permanent establishment in Indonesia can be either owned or rented by foreigners as long as the location is permitted to use for the …
Running and growing your business requires you to have the right people from the beginning. This is why you have to have sufficient knowledge of the different employment types in Indonesia to decide which one will best serve your organisation. Common Types of Workers in Indonesia Employees and independent contractors are two common types of …
Regardless of where you are doing business, you are required to stay in 100% compliance. Tax registration, tax payment, and tax reporting are mandatory. In Indonesia, there are many types of taxes and as a foreign investor, it may be challenging to comprehend all, especially when regulations are prone to changes. This is why consulting …
A Human Resources (HR) team is an integral part of any business anywhere, including in Indonesia. However, the COVID-19 pandemic that is currently affecting the world has made maintaining an effective HR team and HR processes difficult and expensive. Without a productive HR team, managing a large workforce can be extremely challenging. This is why …
Human resource management in Indonesia is a tough job as it requires immense dedication and responsibility towards the organisation. This guide will show you the seven human resource management challenges when doing business in Indonesia. Top 7 HR Management Challenges in Indonesia 1. Compliance Regulations, particularly the ones related to employment, are often adjusted in …
