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Blog - Indonesia

THE ULTIMATE GUIDE TO DOING BUSINESS IN INDONESIA

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.

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Blog: Indonesia

Your Quick Guide to Building Permit (IMB) in Bali

If you are ready to start a business in Bali, you surely need to prepare yourself to get familiar with the property market, licenses and permits required on the island. This includes knowing what IMB permit or building permit is in Bali, and why you need that. The use of IMB in Bali is not …

How Can Virtual Office Help Home-Based Business Owners in Semarang?

Are you one of the many people who run home-based businesses in Semarang? If you are, good for you! You are definitely in sync with the growing trend. There is no question about it: the advancement of Internet and technology has made it much easier to start a business at home. This idea has also …

Everything You Need to Know about Value-Added Tax (VAT) in Indonesia

Value-Added Tax (VAT) is a tax imposed on most goods and services in the Indonesian Customs Area. In other words, it is a consumption tax applied to each production stage until the final product sales. Therefore, Indonesia VAT has impacts on both end consumers and businesses. Cekindo has put together a basic guide with some …

How to Successfully Acquire a Company in Indonesia? 6 Strategies that Work

Company acquisitions in Indonesia have flourished and companies tend to come up with various approaches to create value for doing so. There is no secret sauce to have a successful acquisition, but companies need a highly specific and structured strategy to put the odds in their favour. Many organisations that have less successful acquisitions are …

How to Start a Travel Agency in Indonesia

The tourism and hospitality industry in Indonesia is always thriving, leading the country towards its peak of economy boom. The close proximity to many countries, and its stunning landscape have particularly given this sector a much-needed push. Numerous investors have started to discover many potential business opportunities, particularly in tour and travel business in Indonesia. …

How to Set Up an Accommodation Business in Bali

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. …

5 Things to Know about Setting Up A PT PMA in Semarang

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 …

What are the Major Benefits of Tax Outsourcing in Indonesia?

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 …

Administrative Sanctions Await Those Failing to Register Warehouses in Indonesia

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 …

Alcoholic Beverage Companies Required to Obtain Industrial Business Licenses through OSS

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 …

Regulation Update on Peer-to-Peer Lending Business in Indonesia

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 …