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.
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 …
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, …
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 …
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 …
What Is KBLI and What Does It Mean? To conduct business efficiently overseas, the host country requires foreign investors to comply with the country’s laws and regulations. Similarly, for foreign investors investing in Indonesia, one of the crucial compliance is ensuring that the business activities are classified under the Indonesia Standard Industrial Classification (Klasifikasi Baku …
Indonesia is the fastest-growing internet economy in Southeast Asia, with over 170 million internet users. In 2020, the Gross Market Value of the e-commerce industry stood at US$40 billion and is expected to rise to US$83 billion by 2025, making it an opportune moment for investors to open a logistic company in Indonesia. According to …
The Minister of Trade has issued the latest regulation on the export of forestry industrial products number 45/2020, enacted by the Ministry of Law and Human Rights on May 11, 2020, and immediately takes effect after its enactment. The issuance of Permendag number 45/2020 replaces the previous regulation Permendag number 15/2020. The revocation of Permendag …
As the largest city and capital of Central Java, Semarang is now regarded as one of the best places to start a trading company. According to the central government, they aim to boost Central Java’s Regional Product per Capita (PDRB) to 7% by 2023 with a total investment of IDR 774 trillion. Company Types for …
The laws in Indonesia make it mandatory for a whole range of businesses in the country to acquire a business license before they can be legally established and operated. Some businesses may also obtain a more specific license such as a commercial license to sell alcohol. Follow Cekindo’s guide to understand the different types of …
An IMB in Indonesia is something that every investor must know if they want to start a business in the country. What is IMB in Indonesia then? IMB stands for Izin Mendirikan Bangunan and it is a legal permit or building registration document in Indonesia that allows the construction of buildings and makes sure that …
The Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency of Indonesia has recently made effective Regulation 17/2019 on Location Permit on September 20, 2019, replacing the previous Regulation 14/2018. This new regulation was enacted to clarify the location permit issuance framework under the Online Single Submission system (OSS). Regulation 17/2019 made …
With regard to business license in Indonesia, the Ministry of Industry has issued Regulation 30/2019 recently and this new regulation became effective on October 18, 2019. The purpose of Regulation 30/2019 is to amend Regulation 15/2019 and simplify the process requirements on the Issuance of Industrial Business Licenses and Expansion Licenses under the Framework of …
