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.
The idea of doing business in Bali has crossed many foreigners’ minds as it has combined the two most important elements: the opportunity to stay longer on this beautiful island and to earn a handsome income. As such, most of the aspiring entrepreneurs will look into several viable businesses, especially the accommodation business in Bali. …
By now everyone has known that the continuous trade war between the US and China has a tremendous impact on the world’s economy. Therefore, it is not surprising that this intense trade war has induced changes of the trade climate in Indonesia as well. What happens with US-China trade war then? In summary, the President …
Do you have an outstanding business plan and want to start a company in Semarang? No wonder, many foreign investors are attracted to Semarang because it is a great city in Indonesia with abundant resources, strategic location, and bountiful workforce. To start your business, you need to know that company registration process is among the …
As a business owner in Indonesia, do you find yourself often feel anxious about your tax reporting, filling, and other burdensome tax-related activities? We feel you because many companies struggle to comply with the Indonesian financial and tax regulations unless they choose to go on with tax outsourcing in Indonesia. Indonesia has its own sets …
On June 13, 2019, The Ministry of Trade in issued Regulation of the Government 33/2019 on the Imposition of Administrative Sanctions upon Warehouse Owners who fail to Register Their Warehouses in Indonesia. Regulation 33/2019 serves as an implementing regulation of the Trade Law, also known as Law No. 7/2014. Under the Trade Law, it is …
To further solidify the regulations on alcoholic beverage industry, in terms of production, import, or distribution of alcoholic beverages in Indonesia, the Minister of Industry has recently issued Regulation 17/2019: Control and Supervision of Alcoholic Beverage Industry. Regulation 17/2019 replaced the earlier regulations: Regulation of Minister No. 63/M-IND/PER/7/2014 and the amended version Regulation No. 62/M-IND/PER/8/2015 …
When it comes to fintech business in Indonesia, the peer-to-peer (P2P) lending has achieved a triple-digit growth. The growth is mainly due to the support of a large unbanked population in the country. Therefore, in order to control and supervise the fintech industry, the Indonesian Financial Services Authority OJK (Otoritas Jasa Keuangan) published an updated …
Entrepreneurs are grinding it out in Medan because doing business in the city is no doubt a great idea. For many foreign investors, Medan is not only rich in culture in history, but also presents itself as a dynamic economic hub of the world. As the robust capital of North Sumatra, Medan offers a large …
In Indonesia, there are no limits on who can establish a startup company. However, if you talk to any business owner or entrepreneur, you will quickly learn that setting up a company requires dedication and due diligence or background check in Indonesia. Most of the time, entrepreneurs have the drive to venture into businesses in …
Are you thinking of establishing a local company PT (Perseroan Terbatas) to do business in Indonesia? In addition to the Board of Commissioners and Board of Directors, it is mandatory and critical for PT in Indonesia to hold a General Meeting of Shareholders (GMS). GMS must be held at least six months after each financial …
So, you have your eyes set on doing business in Indonesia. But how do you get started and penetrate the market? Where in Indonesia is a good entry point for your business? Semarang may be your gateway to business in this dynamic country. With Semarang’s new drive to lift its economy to a whole new …
The reason you are reading this article is that you are thinking of using a virtual office in Bali for your business. Great! You are in the right place. So to help you narrow your options and eventually choose a virtual office that can support all your business needs, here are the five must-ask questions …
