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Blog: Business Licenses

Important Things to Know When Appointing A Local Agent or Distributor in Indonesia

To market a product or service in Indonesia, foreign investors or corporations are not required to establish a commercial entity in the nation. Instead, selecting a local agent or distributor in Indonesia might help expedite and scale business operations. When first entering the Indonesian market, many foreign investors choose to enter an agency or distributorship …

A Guide to the New Licensing Regime for Mining Companies in Indonesia

The Indonesian government has released Regulation No. 96 of 2021 to establish a new licensing structure for mining company operations. This regulation critically examines the divestment obligation for foreign investment companies holding a Mining Business License. These developments can present lucrative opportunities for mining companies to grow and expand in Indonesia. This article will describe …

Quota-Based Fishing in Indonesia and How It Can Benefit Foreign Investors

Indonesia is a 17,000-island archipelago with an 81,000-kilometer coastline. The potential for aquaculture in the country is vast, especially when combined with a year-round warm, tropical climate. Though the country only uses 7.38% of its entire area for aquaculture, they are already one of the most prolific aquaculture producers in the world. Indonesia’s fishing sector …

How to Obtain Local Content Certificate for Pharmaceutical Products in Indonesia

The global pharmaceutical sector has been a focal point in the coronavirus crisis since it played a critical role in the development of the COVID-19 vaccine. Moreover, an economy cannot function and flourish without being backed by physically fit individuals. Hence the pharmaceutical industry in Indonesia assumes prime significance. The Indonesian government is inclined to …

How Can Foreign Investors Become Product Distributors in Indonesia?

Distribution in Indonesia is one of the most significant business sectors constituting wholesale, import, export, and retail operations. A distributor buys, stores, and then sells items through a distribution channel, acting as a middleman between producers and retailers. Typically, distributors link merchants and producers in a collaborative partnership, consequently becoming critical to manufacturers’ market expansion …

How Technology Can Revolutionize Indonesia’s Insurance Sector

The insurance industry in Indonesia presents great prospects before global investors, with its low insurance penetration rate, growing middle class, and advancements in technology. The development of Indonesia’s digital economy is also contributing to the rise of financial literacy and the creation of new distribution channels to reach the country’s rapidly rising consumer class. In …

How the Waste-to-Energy Sector in Indonesia Presents a Lucrative Opportunity for Japanese Investors?

At the 2nd Indonesia-Japan Business Forum (IJBF), the Indonesian government presented lucrative prospects of investments in three of its renewable energy projects – the Semarang Waste to Energy Project, the Bantar Gebang Refuse-Derived Fuel Plant in Jakarta, and the Banyumas Minihydro Power Plant. Moreover, the Bank Indonesia and the Capital Investment Coordinating Board representative offices …

How Foreign Investors Can Help Revolutionize Agriculture Sector in Indonesia

Indonesia is recognized for its vast agricultural commodities such as rubber, palm oil, cocoa, tea, and clove. Moreover, it has over 17000 islands, with the majority of them arid enough for agriculture. Agriculture is one of the key economic sectors of the archipelago, and the second-largest contributor to the country’s economy has shown resilience in …

How to Establish a Legal Peer-to-Peer (P2P) Lending Business in Indonesia

Indonesia’s fintech industry is one of the most robust and thriving sectors in the ASEAN region. The country is already home to 20% of all fintech businesses in Southeast Asia, with market size clocking to USD 8.6 billion over the next five years. The fintech industry is one of the most well-funded industries, alongside e-commerce, …

How to Obtain PSE Certificate for Online Business in Indonesia

Digital trade is critical for Indonesia’s economic recovery and prosperity, particularly during the Covid-19 pandemic. The country’s digital economy will be worth USD 124 billion by 2030, e-commerce being the most significant contributor, according to the E-Conomy SEA 2020 research prepared by Google, Temasek, and Bain & Company. Moreover, virtual classrooms, or ed-tech, as well …

How To Get Indonesia Tax Incentives via OSS

The Indonesian government has been taking a number of bold initiatives in recent years to increase the ease of doing business in the country. The clarity in business guidelines, process transparency, and improved system infrastructure are all part of these recent developments. To cut through the red tape even further, the Indonesian government has modified …