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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"

23 Accounting, Tax and Bookkeeping Terms in Indonesia

Whether you are a small business, a large corporation, or a business professional in Indonesia, there are accounting, tax and bookkeeping terms you must know. Accounting, tax and bookkeeping are such crucial parts of any business, and it is always a good idea to have an understanding of the basic terms. No matter if you …

FAQ: How to Start a Business in Indonesia

Thinking of starting a business in Indonesia and you still have many questions? Check out our FAQs below to find the answers to some of the most popular questions we have always received. Starting A Business in Indonesia: FAQ 1.What are the types of legal entities in Indonesia? There are three common types of legal …

The Importance of Due Diligence in Indonesia

Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) are vital elements of effective customer risk management for companies, especially financial institutions in Indonesia. It can be seen in the increasing number of requests for investigations via any due diligence. CDD and EDD are also known as background checks or background reports on individuals or …

Hiring Foreign Workers vs Locals in Indonesia

Nowadays, Indonesia has become well known as one of the largest economy and emerging markets in the world. It has also transformed into a destination with increasingly attractive options for locals to work in a different city, and for foreigners to work in a different country. As a company that expands and requires more talents …

How to Start a Fintech Company in Indonesia

Fintech industry in Indonesia has started a revolution. The Financial Technology (fintech) Association in Indonesia was established only two years ago. In just two short years, mobile technology services such as mobile wallets Go-Pay and Ovo have opened a new era of cashless payments in Indonesia, and the tremendous rise in the adoption of e-wallets …

Pros and Cons of Payroll Outsourcing for Small and Medium Companies in Indonesia

Every business that employs people is obliged to do payroll, including in Indonesia. However, as a small or medium-sized enterprises (SME) owner, you do not necessarily have to do it yourself, especially when you need to juggle other responsibilities in the company. Of course, you can delegate payroll tasks to employees and do it in-house. …

Must-Know Changes in Payroll in Vietnam (2019)

In 2018, the government of Indonesia issued a new decree 143/2018/ND-CP in regards to the mandatory social insurance payments and payroll for foreign workers employed in Vietnam. There are several important regulatory changes took place according to this decree and will have lasting impacts on the payroll in companies and organisation. In this article, we …

Explore Business Opportunities in Medan

Medan, as well as the entire region of North Sumatra, abounds with attractive business opportunities. The thriving capital of North Sumatra, Medan, is a regional economic hub and commercial centre, rich in history and culture. This largest city in Sumatra attracts foreigners who flock to Medan to invest not only due to its booming investment …

Surabaya’s Efforts to Attract Foreign Investors

In recent years, Surabaya has affirmed its leading role in the country’s economy with the continuous increase in investments, especially the foreign direct investments. Business in Surabaya, then, has been filled with many foreign investors. According to a report by the Ministry of Planning and Investment, the food industry (UKM) of small-medium enterprises (SMEs) is …

Semarang Opens 4 Major Investment Opportunities in 2019

Searching for profitable sectors to invest in Semarang can be a concrete strategy when looking for new investment opportunities in Indonesia. While Jakarta, Bali and its nearby areas continue to lead the growth in economy and business opportunities, a significant shift of investments is also observed in Semarang. In addition, businesses in Bogor, Jakarta, Depok, …

Insider Tips on Import and Export Business in Surabaya

Not only that the city of Surabaya is less saturated than Central Java and Jakarta, but it also shows a higher economic growth rate compared to both of the more developed regions. As a result, many investors shift their focus to Surabaya and focus on export and import, trading, manufacturing, resources and infrastructure sectors. Let’s …

Learn from TOP 10 Indonesian Companies in 2018

Whether it’s PT Astra International, PT Bank Rakyat Indonesia, or PT Semen Indonesia, all entrepreneurs look at these companies in Indonesia that are phenomenally successful and wonder what the secret sauce to make this happened is. Of course, companies do not do everything right, and there are many factors why they were the best companies …