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Blog - Indonesia

THE ULTIMATE GUIDE TO DOING BUSINESS IN INDONESIA

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Blog: Indonesia

Pros and Cons of Payroll Outsourcing for SME in Indonesia

Posted 15.02. 2019 by Cekindo

Every business that employs people is obliged to do payroll. However, as a small or medium-sized enterprises (SME) owner, you do not necessarily have to do it yourself, especially when you need to juggle other responsibilities in the company. Of course, you can delegate payroll tasks to employees and do it in-house. However, there will …

Explore Business Opportunities in Medan

Posted 6.02. 2019 by Cekindo

Medan, as well as the entire region of North Sumatra, abounds with attractive business opportunities. The thriving capital of North Sumatra, Medan, is a regional economic hub and commercial centre, rich in history and culture. This largest city in Sumatra attracts foreigners who flock to Medan to invest not only due to its booming investment …

Surabaya’s Efforts to Attract Foreign Investors

Posted 6.02. 2019 by Cekindo , last update on 14.02. 2019

In recent years, Surabaya has affirmed its leading role in the country’s economy with the continuous increase in investments, especially the foreign direct investments. According to a report by the Ministry of Planning and Investment, the food industry (UKM) of small-medium enterprises (SMEs) is the largest contributor to the investment spike. Service sectors such as …

Insider Tips on Import and Export Business in Surabaya

Posted 29.01. 2019 by Cekindo

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 …

Learn from TOP 10 Indonesian Companies in 2018

Posted 27.01. 2019 by Cekindo , last update on 4.02. 2019

Whether it’s PT Astra International, PT Bank Rakyat Indonesia, or PT Semen Indonesia, all entrepreneurs look at these companies in Indonesia that are phenomenally successful and wonder what the secret sauce to make this happened is. Of course, companies do not do everything right, and there are many factors why they were the best companies …

Indonesia: The Global Leader in Manufacturing to Be

Posted 24.01. 2019 by Cekindo

Indonesia is poised to become the future global leader in manufacturing with a strong economic backdrop, and due to the political uncertainty in neighbouring countries. According to a report from Deloitte, Indonesia will be one of the top 15 manufacturing hubs in the world by 2023. It is of no surprise because Indonesia’s manufacturing industry …

Benefits of PEO Outsourcing in Indonesia

Posted 23.01. 2019 by Cekindo , last update on 25.01. 2019

Today, business owners and entrepreneurs in Indonesia know that every dollar and every minute counts when it comes to running a business. As your business in Indonesia grows, your HR demands can pile up, and you will be overload with employee’s paperwork. There is also a chance that your company struggle to attract and retain …

Is It Late to Secure Halal Certification in Indonesia?

Posted 22.01. 2019 by Cekindo , last update on 25.01. 2019

Effective from October 2019, the government of Indonesia will enforce the mandatory halal certification and labelling measures for halal products in the country. Thus, Cekindo urges businesses and entrepreneurs to act appropriately and as soon as possible to avoid any unnecessary penalties. With over 260 million population and 90% of them are Muslims, Indonesia remains …

Is Doing Business on a Spouse Visa Legal in Indonesia?

Posted 9.01. 2019 by Cekindo

To qualify for a spouse visa, or a permanent stay permit (KITAP) in Indonesia, you must be legally married to an Indonesian citizen. A marriage is only legal when it is officially recognised by the government anywhere in Indonesia where you were married. Domestic partnerships, in which a couple have not formalised their relationship but …

Introduction to Environmental Permits in Indonesia

Posted 8.01. 2019 by Cekindo , last update on 16.01. 2019

Environmental permits or licenses are required for certain businesses that impact the environment to operate in Indonesia. The environmental permit is particularly important for those businesses or sectors their activities affect the environment, such as releasing any waste or materials into the water or air. Not only that the environmental permit requires the organization to …

Latest Development of Digital Financial Innovation in Indonesia

Posted 4.01. 2019 by Cekindo

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 …

OSS System Services Begin to Operate at BKPM

Posted 31.12. 2018 by Cekindo

Nearing the end of the year 2018, The Electronic Integrated Business Licensing System (Perizinan Berusaha Terintegrasi Secara Elektronik abbreviated as PBTSE), also known as the Online Single Submission (OSS) system, will be transferred from the Coordinating Ministry for Economic Affairs to the Investment Coordinating Board (BKPM), starting on January 2, 2019. The schedule is as …