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Blog - Indonesia

THE ULTIMATE GUIDE TO DOING BUSINESS IN INDONESIA

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Blog: Indonesia

Opening a Business in Bandung: Starter Pack for Investors

Posted 5.12. 2018 by Cekindo

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, …

Understanding Benefits of Nominee Agreement in Indonesia

Posted 4.12. 2018 by Cekindo

There are two major reasons why business owners use a nominee agreement when registering a company in Indonesia. First of all, the owner may want to fulfil legal requirements set out by the Indonesian government; and second of all, the owner or beneficiary owner would like to remain anonymous as a shareholder and do not …

Top 10 Export Commodities in Indonesia

Posted 28.11. 2018 by Cekindo , last update on 3.12. 2018

Indonesia’s natural resource abundance and a variety of commodities is a precious and indispensable asset to its economy. The commodities account for approximately 60 per cent of all Indonesia’s exports. In continuation with the healthy growth shown by exports over the years in Indonesia, the exports in Indonesia is valued at US$158 billion annually as …

Legal Risks When Making Contract Agreements in Indonesia

Posted 28.11. 2018 by Cekindo , last update on 3.12. 2018

With making contract agreements in Indonesia, there is little or no room for mistakes. Whether you are a supplier or a customer, making sure that your contracts with third parties protect your business, and knowing what protection your business have can sometimes be daunting. While many businesses incorporate agreed terms and conditions in the form …

5 Frequent Taxation Mistakes in Indonesia to Avoid

Posted 20.11. 2018 by Cekindo , last update on 29.11. 2018

When you are awaiting a tax refund in Indonesia, you definitely would want to receive it as soon as possible. The best way to assure this is to make sure that your tax refund in Indonesia is not delayed due to some frequent taxation mistakes. …

Online Single Submission System and Its Effect on Company Registration

Posted 1.11. 2018 by Cekindo , last update on 19.11. 2018

Recently, the Indonesian government adopted several business-friendly policies to make it simpler for foreign investors to jumpstart their businesses in the archipelago. The results are, however, questionable. This article introduces a newly established system of company registration in Indonesia through so-called Online Single Submission System and provides a general overview of the most important facts …

The Pros and Cons of Business Entities in Indonesia

Posted 25.10. 2018 by Cekindo , last update on 19.11. 2018

Business entities in Indonesia, also known as separate entities, do not allow mixing up transactions related to the business with those of its owners or other businesses. Transactions associated with the business must be recorded separately, and the performance in terms of profitability and cash flow must be measured independently as well. Doing so requires …

Deportation from Indonesia: An Introduction and Solution

Posted 11.10. 2018 by Cekindo , last update on 19.11. 2018

Indonesia is a challenging country with an expansive captive market at every minute. However, with its abundant economic potential, comes legal compliance that must be met by foreign visitors especially in terms of visas whether for staying or working. …