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.
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, …
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). …
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 …
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, each has …
Not only that the city of Surabaya is less saturated than Central Java and Jakarta, but it also shows a higher economic growth rate compared to both of the more developed regions. As a result, many investors shift their focus to Surabaya and focus on export and import, trading, manufacturing, resources and infrastructure sectors. Let’s …
Even though the financial situation at the end of 2018 affected Indonesia’s economy negatively, the country is recovering, and funds are continuously pouring into many cities in Indonesia. This article focuses on the city of Semarang where overseas investment has been flowing mainly into the manufacturing of shoes, glass, small boats, textiles, and electrical equipment. …
The Indonesian Financial Services Authority (Otoritas Jasa Keuangan – OJK) officially issued a Regulation No. POJK 13 /POJK.02/2018 concerning Digital Financial Innovation in Financial Services Sector (“POJK 13”) that was put into effect on August 16, 2018. POJK 13 was set up to regulate the exploding growth of digital industries eagerly participating in Indonesian financial …
In order to boost foreign and domestic investments in Indonesia, the government of Indonesia is going to update the Negative Investment List (NIL), which was last amended in 2016. Reasons for the Change? The new list was announced in November 2018 as part of the 16th economic policy package by the Coordinating Ministry for Economic …
Bandung is a fast-developing city in Indonesia. It is the 3rd largest city and the capital of West Java province in Indonesia with over 2.5 million inhabitants. As a result, it is self-explanatory that many foreigners open a business in Bandung. This article summarises useful information you need before you start a company in Bandung, …
Becoming a successful wedding organiser in Bali is not an easy task. While it is not impossible to succeed in this harsh and demanding environment, do not feel defeated because people in the business of wedding planning come from all walks of life. One of the best ways to get started in the business is …
Over the past several years, Bandung has transformed itself from a relatively unpopular and less disturbed place into one of the most attractive cities in Indonesia boasting of entrepreneurs and startups. …
Welcoming about 5.7 million foreign tourists in 2017 alone, it is no surprise that Bali continues to be one of the top holiday destinations in the world to visit, as well as one of the world’s most desirable places to live in. …
