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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"

Procedures for Importing Goods into Indonesia from European Countries

Foreign companies or individuals may find that the import regulations in Indonesia are always changing, causing them headaches while importing goods into Indonesia. For instance, delayed shipment, goods being stuck at the customs, and penalty due to non-compliance. Import compliance is vital when foreigners want to do business in Indonesia and violation may often bring …

How do You Register Your Business to DPMPTSP?

The Investment Board One-Stop Service, or Dinas Penanaman Modal Pelayanan Terpadu Satu Pintu (DPMPTSP) in Indonesia is something you should know if you want to start a legal entity or expand your business in Indonesia. Presidential Regulation 97/2014 is the official regulation governing the DPMPTSP. DPMPTSP and the Investment Coordinating Board (BKPM)’s one-stop service both …

How to Draft Conditional Sale and Purchase Agreement of House in Indonesia

If you are looking to buy a house in Indonesia, you need to familiarise yourself with what is called a sale and purchase agreement. Because of the rapid population growth and increased demand of housing and real estate, the sale and purchase of property is conducted via the form of reservation even when the house …

Investors in Certain Industries and/or Regions are Entitled to New Tax Incentives

The Indonesian government released Regulation 78/2019 or GR 78 on November 13, 2019, abolishing Regulation 18/2015. This regulation is regarding Income Tax Incentives Granting for Investments in Certain Business Sectors and Industries in Indonesia, which has become effective on December 13, 2019. The purpose of the enactment of GR78 is to simplify the procedure of …

Foreign Companies can Rent Warehouses in Indonesia: Your Guide

When your business experiences growth in Indonesia, you may want to expand your operation. At this time, you will probably require additional spaces to manufacture or store your inventory and items. Then, renting a warehouse in Indonesia may be your answer. Warehouses are industrial properties and generally used for products distribution, manufacturing, storage, or fulfillment. …

Common Tax Infringements in Indonesia and How to Avoid Them

Over the years, we have seen an immense flourish of businesses in Indonesia. Therefore, the legal requirements to keep up legitimate accounting and tax filing are also getting more and more significant. However, due to the ever-changing laws and the complexity of the regulations, most business owners and foreign entrepreneurs often find tax filing, reporting …

What to Know about the Roles of a Director in an Indonesian Company

There has never been a better time for setting up a company in Indonesia. It is a statement that has held true over the years and will still remain legit now and in the future. Indonesia is one of the important business hubs in Southeast Asia and it has now transformed itself into one of …

Essentials about Starting a Property Business in Indonesia

Starting a property business in Indonesia is among the hottest things going on in the world of business today. The property and real estate industry in Indonesia has been growing rapidly and is expected to develop even more in the coming years. The statistics have shown that the residential property prices have risen by 0.5% …

How can a Company Become Dormant in Indonesia?

A dormant company in Indonesia is a company that does not have any accounting transactions or any business activities for a long period of time. Dormant companies are inactive companies in accordance with Indonesian taxation laws and there are quite a lot of them in the country. In other words, dormant companies are not allowed …

Your Advanced Guide to Personal Income Tax in Indonesia

ANNOUNCEMENT: Due to current public health conditions (coronavirus), the deadline for individual annual tax returns has been extended for a month to 30 April 2020.   Just like anywhere in the world, tax affairs in Indonesia are important and unavoidable.This is because taxes are considered the main source of a country’s income. The government uses …

Can Foreigners Enjoy Retirement in Vietnam?

Who does not want to retire in Vietnam? With its diverse culture and landscape, warm climate, delicious cuisine, and inexpensive living cost, Vietnam has remained one of the top countries for foreigners to retire, hoping to enjoy their golden years as much as they can. Vietnam not only offers retirees a tropical and chilling lifestyle, …