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Blog: Business Licenses

Indonesia KBLI: An Ultimate Guide for Foreign Investors in 2021

What Is KBLI and What Does It Mean? To conduct business efficiently overseas, the host country requires foreign investors to comply with the country’s laws and regulations. Similarly, for foreign investors investing in Indonesia, one of the crucial compliance is ensuring that the business activities are classified under the Indonesia Standard Industrial Classification (Klasifikasi Baku …

Opening a Logistic Company in Indonesia: Benefits from E-Commerce Boom

Indonesia is the fastest-growing internet economy in Southeast Asia, with over 170 million internet users. In 2020, the Gross Market Value of the e-commerce industry stood at US$40 billion and is expected to rise to US$83 billion by 2025, making it an opportune moment for investors to open a logistic company in Indonesia. According to …

A Guide to Timber Legality Assurance System Certificate in Indonesia

The Minister of Trade has issued the latest regulation on the export of forestry industrial products number 45/2020, enacted by the Ministry of Law and Human Rights on May 11, 2020, and immediately takes effect after its enactment. The issuance of Permendag number 45/2020 replaces the previous regulation Permendag number 15/2020. The revocation of Permendag …

How to Start a Trading Company in Semarang

As the largest city and capital of Central Java, Semarang is now regarded as one of the best places to start a trading company. According to the central government, they aim to boost Central Java’s Regional Product per Capita (PDRB) to 7% by 2023 with a total investment of IDR 774 trillion. Company Types for …

Understanding Different Types of Business Licenses in Indonesia

The laws in Indonesia make it mandatory for a whole range of businesses in the country to acquire a business license before they can be legally established and operated. Some businesses may also obtain a more specific license such as a commercial license to sell alcohol. Follow Cekindo’s guide to understand the different types of …

Your Guide to Building Permit (IMB) for UMKM in Indonesia

An IMB in Indonesia is something that every investor must know if they want to start a business in the country. What is IMB in Indonesia then? IMB stands for Izin Mendirikan Bangunan and it is a legal permit or building registration document in Indonesia that allows the construction of buildings and makes sure that …

Important Update on Licensing Procedures for Location Permit

The Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency of Indonesia has recently made effective Regulation 17/2019 on Location Permit on September 20, 2019, replacing the previous Regulation 14/2018. This new regulation was enacted to clarify the location permit issuance framework under the Online Single Submission system (OSS). Regulation 17/2019 made …

The Launch of OSS System’s New Version on November 4 2019: What to Know

The Capital Investment Coordinating Board (BKPM) in Indonesia released a BKPM Letter 5743 on Implementation Plan of a New Version of the Online Single Submission System, or OSS, on October 17, 2019. Letter 5743 addresses the launch of the OSS Version 1.1 on November 4, 2019. All business licensing process were halted between November 1 …

Update on Licensing Procedures for National Construction Service Businesses in Indonesia

Effective from June 13, 2019, the Minister of Public Works and Public Housing has enforced Regulation No. 08/PRT/M/2019 (or Regulation 8/2019) on Guidelines for National Construction Service Business Licensing Services. This regulation is enacted for the purpose to fulfill the requirements for standardised business licensing for construction companies in Indonesia. Regulation 8/2019 has replaced the …