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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

Indonesia-Australia Comprehensive Economic Partnership Agreement and Opportunities Offered

The Indonesia-Australia Comprehensive Economic Partnership Agreement, also known as IA-CEPA or Indonesia-Australia CEPA, has finally come into effect on July 5, 2020. The Indonesian government signed and ratified this agreement in February 2020. According to the Trade Ministry of Indonesia, IA-CEPA can help Indonesia come out of COVID-19 by maintaining the trade momentum and enhancing …

Why a PEO is Very Much Needed during COVID-19 Crisis in Indonesia

The COVID-19 crisis led to a very insecure and unpredictable business climate in Indonesia. A crisis can occur at any moment and sometimes can catch you off guard. Therefore, a reliable Professional Employer Organisation (PEO) in Indonesia is critical for moments like these. Benefits of Using a PEO in Indonesia All Year Long In general, …

Daily Challenges Faced by HR Staff in Indonesia & The Solution

The HR department is among the most important departments in a company to ensure seamless operations. Their responsibilities include hiring and recruitment, payroll management, employee retention, performance evaluation, workforce planning, employee training, and many others. However, it is sometimes hard for HR departments to achieve their HR objectives because of the daily challenges that HR …

What Agreements are Required for Running a Fintech Startup in Indonesia?

Fintech comes from the term ‘financial technology’. It refers to the innovation based on technologies aimed at surpassing traditional financial methods and challenging traditional financial institutions. It is an umbrella term that encompasses a great number of financial services that are transforming in this modern digital era. Some of the major services under fintech include …

How to Start a Wholesale Pharmacy Business in Indonesia

The pharmaceutical industry in Indonesia has grown significantly over the years with market value expected to reach US$9.9 billion by 2020 – with a compound annual growth rate of 10.2%. This amount is almost doubled as compared to the market value recorded in 2013 (US$5 billion). The boom of the Indonesia pharmaceutical industry has a …

How Recruitment Process Outsourcing Helps Attract Top Talent in Indonesia

There is a huge pool of talent available, but many companies in Indonesia still find it hard to get the right talent. One of the possible reasons is that a great number of organisations in Indonesia do not have the proper tools and resources to help them manage their talent recruiting and acquisition functions. When …

Your Guide to Setting up a Convenience Store in Indonesia

If you are not motivated to open a convenience store in Indonesia, you may want to rethink your decision. Indonesia’s convenience stores are still seeing healthy and profitable growth continuously even in this challenging retail industry. Big players in Indonesia’s convenience store industry include Indomaret and Alfamart. According to a report from Berkshire Hathaway, between …

Why Both an Accountant and a Lawyer are Needed when Buying or Selling a Business in Bali

People who become entrepreneurs know that there are many uncertainties in this exciting journey. They also understand that sometimes buying or selling a business is unavoidable in the process when things happen. Therefore, whatever your ability to handle unprecedented events, it is a good idea to consider a buy-sell strategy right from the start. When …

Top 5 Mistakes to Avoid when Forming a Business Partnership in Indonesia

Many entrepreneurs who have been doing business in Indonesia for some time may need a partner at some point. Most of them feel that they aren’t happy with the trajectory even if they have achieved moderate success. Some feel stalled and think that their businesses are not going anywhere. Therefore, having a partnership in Indonesia …

Stay Permit Services in Indonesia in the New Normal

With the New Normal taking place in Indonesia following the COVID-19 crisis, many areas have been profoundly impacted. For foreigners, it is important to keep up with the latest updates regarding visas and/or permits in Indonesia. This article discusses the stay permit services in Indonesia in the New Normal, in accordance with the new regulation …

COVID-19 in Indonesia: Why Employee Background Check is More Important than Ever

COVID-19 crisis may change the way you perform an employee background check in Indonesia. But, one thing for sure, you must not remove it from your recruitment process. As COVID-19 moves from a health crisis to an economic crisis, it is understandable that entrepreneurs and organisations feel powerless and terrified at the destruction of the …

The Benefits of Setting up a PT PMA in Solo

Solo has been a captivating business and investment destination. In 2019, among the 35 districts and cities in Central Java, Solo was crowned the second in the Central Java Potential Investment Challenge 2019. As of now, the investment value in Solo is among the three highest in Central Java. Also in 2018, Central Java won …