• 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"

ITAS and ITAP: Understand the Differences

Posted 21.03. 2019 by Cekindo

Planning to settle down in Indonesia but unsure of which visa you need? This is a widespread situation for foreigners who wish to stay in Indonesia for work, family or other reasons. Legal jargons and visa variety in Indonesia can make the visa application process more complex than it should be. In case of residency …

How to Use Undername Import in Indonesia

Posted 20.03. 2019 by Cekindo

Are you planning to import goods and products to Indonesia? If you are going to do this on your own, you should prepare yourself for some bureaucratic red tape. Indonesia takes trading compliances seriously, including import and export regulations. Not only you have to secure an Import License via OSS, but you also need to …

Tips and Tricks on How to Open a Bank Account in Bali

Posted 19.03. 2019 by Cekindo , last update on 21.03. 2019

Whether it is for business or family reasons, if you know that you will be staying in Bali for a long period of time, you are probably thinking of opening a bank account. The reason is simple – to avoid the excessive ATM and bank fees that incur every time whenever there is a financial …

Should You Outsource Recruitment in Vietnam?

Posted 16.03. 2019 by Cekindo

In Vietnam, it is important to know your opportunities and obligations when you recruit and hire people. This article will help you familiarise yourself with the labour process, employer regulations, basic hiring process in Vietnam, as well as the resources that are available for you as an employer.   Labour Conditions in Vietnam Over the …

How to Hire a Worker in Bali

Posted 13.03. 2019 by Cekindo

The employment of local staff in Bali offers fundamental challenges. All foreign companies doing business in Bali will need to understand the rules and regulations apply. If you do not do your due diligence on your hiring contracts and recruitment, you might find yourself facing potential lawsuits from the government. How many types of employment …

Update: Securing an Import License via OSS

Posted 12.03. 2019 by Cekindo , last update on 15.03. 2019

Bordered by countries such as Singapore, Thailand, Malaysia, the Philippines, Vietnam, Australia, etc., Indonesia is a critical trading hub in Southeast Asia for both export and import. Trading has a pivotal role in Indonesia’s economic growth with exports and imports contributing to 37% of GDP. In 2016, Indonesia imported US$ 132 billion worth of goods, …

Introduction to Minimum Capital Investment in Indonesia

Posted 8.03. 2019 by Cekindo

The required amount of minimum capital to set up a legal entity in Indonesia might seem like a straightforward issue, but this is often not the case. It might be simple for locals to set up a local-owned company (PT), but it becomes more complicated for foreigners to set up a foreign-owned company (PT PMA). …

International Expansion to Indonesia: Company Set Up

Posted 8.03. 2019 by Cekindo

Indonesia is the largest economy in Southeast Asia and undoubtedly offers extraordinary business opportunities for both foreign investors and local citizens. Expanding your business and setting up an international company in Indonesia is something that can be done easily as long as you know the process, and seek third-party assistance when necessary. There are many …

Business Activities Prohibited for Foreigners in Vietnam

Posted 3.03. 2019 by Cekindo

When you have decided to invest in Vietnam as a foreign investor, you must first study the feasibility of the sector you are interested in. One of them is that you ought to ensure that the business sector that you plan to invest and operate is permitted by the Vietnamese Law, or is restricted by …

23 Accounting, Tax and Bookkeeping Terms in Indonesia

Posted 27.02. 2019 by Cekindo , last update on 8.03. 2019

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

Posted 26.02. 2019 by Cekindo , last update on 26.04. 2019

Have a question about how to start a business in Indonesia? Check out our Frequently Asked Questions (FAQs) below to find the answers to some of the most popular questions we have always received.     1.What are the types of legal entities in Indonesia? There are three common types of legal entities in Indonesia, …

The Importance of Due Diligence in Indonesia

Posted 22.02. 2019 by Cekindo

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 …