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Cekindo Blog

THE ULTIMATE GUIDE TO DOING BUSINESS IN INDONESIA

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.

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Indonesia’s BPOM Issues New Food Labeling Regulations

The Indonesian economy is heavily driven by increased household consumption with the food and beverage industry greatly benefiting from this. The country’s middle class has been a crucial driver of economic growth, with consumption rising at a pace of 12% per year since 2002, accounting for about half of the country’s total household consumption. The …

Navigating Indonesia’s E-Commerce Wave During the Pandemic (Lessons Learned from SELLinALL)

Despite the pandemic, Indonesia’s booming digital economy has given significant economic opportunities to global investors looking to launch e-commerce businesses in the country. Rika Ninomiya, SELL in ALL’s CBO and Strategic Partner, discusses her recent experience conducting business in Indonesia during this tumultuous period. Why Invest in Indonesia’s E-Commerce Sector? Entrepreneurs from all over the …

Indonesia Imposes Stricter Penalties for Tax Non-compliance

Individuals and corporations that have acquired a Tax ID (NPWP) or earn from profits such as wages, dividends, revenues, and other sources of income are both required to file a tax report with the Indonesian tax authorities. Annual Tax is a tax that must be paid to the Indonesian tax body, the Directorate General of …

Things Need to Consider When Preparing a Property Lease Agreement in Bali

Despite the hurdles created by the pandemic in the tourism sector, Bali has shown signs of recovery due to a change in demand for luxury real estate. As the nature of office work has changed over the pandemic, many businesses sought to migrate to the beautiful island of Bali. This, therefore, stimulated the demand for …

Important Things to Know When Appointing A Local Agent or Distributor in Indonesia

To market a product or service in Indonesia, foreign investors or corporations are not required to establish a commercial entity in the nation. Instead, selecting a local agent or distributor in Indonesia might help expedite and scale business operations. When first entering the Indonesian market, many foreign investors choose to enter an agency or distributorship …

A Guide to the New Licensing Regime for Mining Companies in Indonesia

The Indonesian government has released Regulation No. 96 of 2021 to establish a new licensing structure for mining company operations. This regulation critically examines the divestment obligation for foreign investment companies holding a Mining Business License. These developments can present lucrative opportunities for mining companies to grow and expand in Indonesia. This article will describe …

Quota-Based Fishing in Indonesia and How It Can Benefit Foreign Investors

Indonesia is a 17,000-island archipelago with an 81,000-kilometer coastline. The potential for aquaculture in the country is vast, especially when combined with a year-round warm, tropical climate. Though the country only uses 7.38% of its entire area for aquaculture, they are already one of the most prolific aquaculture producers in the world. Indonesia’s fishing sector …

How to Obtain Local Content Certificate for Pharmaceutical Products in Indonesia

The global pharmaceutical sector has been a focal point in the coronavirus crisis since it played a critical role in the development of the COVID-19 vaccine. Moreover, an economy cannot function and flourish without being backed by physically fit individuals. Hence the pharmaceutical industry in Indonesia assumes prime significance. The Indonesian government is inclined to …

How to Protect Your Intellectual Property through Trademark Registration in Indonesia

Intellectual Property Rights (IPR) are a critical component of a company’s global competitiveness. IP protection assures a return on investment through innovation, and is especially important for SMEs expanding into developing markets like Indonesia. Despite the fact that SMEs generally have limited resources, it is crucial to understand how IP could benefit businesses. The infringement …

How Can Foreign Investors Become Product Distributors in Indonesia?

Distribution in Indonesia is one of the most significant business sectors constituting wholesale, import, export, and retail operations. A distributor buys, stores, and then sells items through a distribution channel, acting as a middleman between producers and retailers. Typically, distributors link merchants and producers in a collaborative partnership, consequently becoming critical to manufacturers’ market expansion …

How Technology Can Revolutionize Indonesia’s Insurance Sector

The insurance industry in Indonesia presents great prospects before global investors, with its low insurance penetration rate, growing middle class, and advancements in technology. The development of Indonesia’s digital economy is also contributing to the rise of financial literacy and the creation of new distribution channels to reach the country’s rapidly rising consumer class. In …