• id

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"

Czech companies at InaGreen Tech fair in Jakarta, Indonesia

Posted 15.07. 2014 by Petr Stejskal , last update on 13.09. 2018

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. …

Do you check your business partner’s background?

Posted 7.07. 2014 by Petr Stejskal , last update on 3.12. 2018

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 …

Mystery Shopping in Indonesia

Posted 1.07. 2014 by Petr Stejskal , last update on 13.09. 2018

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 …

Payroll Services in Indonesia Are A Critical Part of Business Setup

Posted 18.06. 2014 by Michal Wasserbauer , last update on 19.10. 2018

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? Health insurance, income tax and other employment in Indonesia

Posted 10.06. 2014 by Michal Wasserbauer , last update on 13.09. 2018

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 …

Business Entities in Indonesia: What Are They?

Posted 28.05. 2014 by Nurmia Agustina , last update on 29.11. 2018

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 …

Rapid Growth of Technology Offers Great Business Opportunities in Indonesia

Posted 8.05. 2014 by Michal Wasserbauer , last update on 4.10. 2018

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, …

Opening a bank account in Indonesia

Posted 7.05. 2014 by Nurmia Agustina , last update on 16.10. 2018

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 as A Strategic Commodity of Indonesia in 2014

Posted 29.04. 2014 by Michal Wasserbauer , last update on 15.10. 2018

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 …

Indonesian Commodity Prospects as a Price Reference for the World

Posted 29.04. 2014 by Michal Wasserbauer , last update on 15.10. 2018

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 …

The Cultural Issues of Doing Business in Indonesia

Posted 29.04. 2014 by Michal Wasserbauer , last update on 4.10. 2018

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 …

Potential and Risks of Investing in Indonesia

Posted 25.04. 2014 by Michal Wasserbauer , last update on 4.10. 2018

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 …