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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.

Download "E-Book: Doing Business in Indonesia"

A Guide to HR Due Diligence in Merger and Acquisition in Indonesia

The past few years have been going well for mergers and acquisitions (M&A) in Indonesia. The trajectory of merger and acquisition in Indonesia is expected to have a positive outlook in the coming years. According to Statista.com, the M&A deals in Indonesia had a value of US$4billion in 2017. Mirroring the positive market sentiments, we …

8 Payroll Mistakes in Indonesia You May Have been Making over the Years

Though mundane, payroll is the foundation of your workforce efficiency. It can also be one of the most challenging human resource (HR) functions to manage for many companies in Indonesia. While many employees are eagerly waiting for the payday to arrive, payroll is what makes in-house HR personnel feel discouraged in so many ways. Furthermore, …

3 Surprisingly Nice Things about Doing Business in Indonesia

The US-China trade war is making Indonesia become an important market for U.S. products and investments. A forecast has shown that the economy in Indonesia will grow by approximately 5.4% in 2020.There are some huge advantages of doing business in Indonesia, thanks to the Indonesian policy to provide a business-friendly environment, even better than before. …

Indonesia Business Visa and Work Visa Applications amid COVID-19 Pandemic: Update from BKPM

In light of COVID-19 crisis in Indonesia, the Investment Coordinating Board (BKPM) has issued a new regulation BKPM Announcement No. 8 concerning Procedure for PMA Company and/or Foreign Expert (TKA) Visit Support during the pandemic. Fully applicable since 11 June 2020, the regulation should be strictly obeyed by foreigners applying for Indonesia work visa or …

How to Dissolve a Company in Vietnam

Starting a business in Vietnam is what many entrepreneurs and business owners desire. However, being able to start a company does not necessarily mean success. Globally, 90% of startups fail and that’s a scary figure to look at. The truth is, no one business fails without any signs or warnings. For many business owners, there …

How to Legally Visit and Stay in Indonesia: The Shortcuts

Blessed with incredible natural beauty and rich cultures, Indonesia makes a superb vacation destination in the world. But Indonesia is more than just a heavenly destination for global tourists. As the largest economy in Southeast Asia, supported by young, dynamic workforce and affordable labour wages, Indonesia has become an appealing investment destination. The government of …

Your Guide to Partnership Agreement in Indonesia

In Indonesia, a partnership agreement is an official contract by law established between parties participating in the partnership. A partnership agreement in Indonesia exists to ensure that all partners in this relationship have clear communications and understandings. The contract is not just a verbal agreement. It includes terms and conditions and has to be put …

Customer Due Diligence in Indonesia: Everything You Need to Know

Customer due diligence, or CDD, is critical for financial establishments and companies that intend to work with clients long term in Indonesia. It is also an imperative skill that all analysts involved in Countering the Financing of Terrorism (CFT) or Anti-Money Laundering (AML) should possess. What is customer due diligence and why is it so …

How Foreigners can Acquire Property in Bandung Legally

The procedure of acquiring property in Bandung as a foreigner may sound complex. This is because it used to be filled with bureaucratic obstacles that crippled businesses, especially entrepreneurs from small businesses. However, foreigners do not have to feel this way anymore, thanks to the recently implemented policy to encourage foreign investments, as well as …

4 Mistakes Not to Make When Doing Business in Batam

It is easy to comprehend why doing business in Batam is such an attractive approach for investors from around the world. A predominantly open trade regime in Batam has contributed to its sustainable growth in the city as well as throughout Indonesia. Currently, doing business in Batam is considered a fairly easy process while foreigners …

Property in Semarang Can be Owned by Foreigners through These Ways

The desire to work and live with their own place is the ultimate dream for the majority of expats in Semarang. With its rising popularity of being a tourist and business hub, Semarang has become one of the most well-received destinations for foreigner’s permanent residency, retirement, and investments. As a result, an increasing number of …

An Introduction to Crowdfunding in Indonesia & How to Start This Business

In recent years, the fintech (financial technology) industry, particularly in the crowdfunding sector, has grown rapidly and become increasingly popular around the world, including Indonesia. Crowdfunding is a very powerful alternative finance in the country. According to the projection by the World Bank, the total value of the crowdfunding sector is going to hit US$96 …