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.
Indonesia is a fast-growing economy (5.8% in 2014) and is one of the fastest growing countries among the G-20 (the industrially driven nations) and currently the 16th largest economy country in the world, the fifth in Asia and by far the biggest in Southeast Asia. With more than 240 million people, Indonesia is the fourth most populous country in the world. …
Coming to Indonesia from faraway? Are you afraid to start business with unreliable or incompetent business partner? Are you going to share sensitive information in Indonesia? Yes you are. That’s what starting a business in Indonesia is about. You are sharing very sensitive information when you want to establish a long term partnership in Indonesia, to …
Are you entering a new market? Are you already in the market and do you think about developing your business further? Is Indonesia the market? Then read on… Before you undertake a company establishment or a product registration in Indonesia, you must prepare a business case. A company should responsibly evaluate risk, its investments and especially its product before entering …
Having a business partner on the ground is invaluable when you are setting up a company in Indonesia. Once established, that partner can be critically important when it comes to smooth payroll processing in Indonesia Like many other aspects of doing business in Indonesia, regulations governing payroll and related taxes and deductions are complex. It …
Local hiring or Expatriates? – In Indonesia labor and employment are regulated under the Ministry of Manpower, which protects all employees, defined as any person working in return for a salary or compensation in another form. When it comes to payroll, your company has to use the minimum wages (UMR) set by local government as the lowest …
Indonesia offers many opportunities to foreign investors. The Indonesian government has recognizes the significant role foreign investors can play in the growth and development of the business sector and the national economy. Continuing deregulation and reduction in bureaucracy is creating a wider range of investment activities for foreign investors. In addition, Indonesia is rich natural …
The growth of information technology in Indonesia, especially mobile usage, is exploding, presenting profitable opportunities for companies to undertake market expansion in Indonesia. IT News Today reports that Brazil, Russia, Indonesia and China will provide the foundation for the biggest near-term growth in mobile usage. In addition, as companies move from other parts of Asia, …
For companies or foreign investors who want to invest in Indonesia, one of the things that should be well understood is the process of opening a bank account and what type of account will be used for business transactions. In Indonesia three types of accounts are commonly used, namely checking accounts, savings accounts and deposit …
Prawns are a major commodity in the aquaculture industry because they are in high demand and have high economic value. Recently, demand for prawns from Indonesia has increased significantly. In the first 6 months of 2013, exports were valued at US$1.97 billion, of which prawns accounted for 36.7 % or US$723.6 million. This is a positive improvement because Indonesia has no problems with …
As an agricultural country, Indonesia has a great abundance of natural resources. Many Indonesian commodities — both soft and hard commodities — have world rankings. Indonesian commodities contributed about one-fourth of Indonesia’s Gross Domestic Product (GDP) and government revenue in 2007. This has led Indonesia to become one of the largest global commodity exporters. Check out some interesting …
Compared to other Asian countries, Indonesia is a promising country for developing a business in various sectors. But in order to reduce any potential failure, companies should be proactive in managing the risks by adjusting to Indonesian culture. Effective risk management will ease business operations and strengthen the impact of the business. Some risks come from the culture of the people involved …
Indonesia is an attractive destination for investment because it has a large market, stability, relatively low labor costs and the availability of raw materials. There are many investors who have invested in Indonesia, just based on the factors of low labor cost and raw materials availability. They make Indonesia a location for intensive activity by using local distributors and …
