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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: Business Set Up

The Important Things to Know about Indonesia’s Carbon Tax

With the worsening climatic conditions, countries around the world have agreed to combat climate change through various carbon reduction efforts. Indonesia, too, has submitted its pledge to reduce carbon emissions to 41% by 2030, to the United Nations Framework Convention on Climate Change (UNFCCC), and the Paris Agreement. The Indonesian government is preparing a progressive …

How to Build a Villa in Bali From Start to Finish as a Foreigner

It is no wonder that travel restrictions struck a heavy blow to Bali, the small Island that almost entirely economically depends on the tourism industry. However, if we look back on history decades earlier, the Island of Gods has always been able to maintain its reputation as the world’s favorite island destination, no matter what …

Opportunities and Challenges in Indonesia’s New Capital City Development

Indonesia is currently developing a plan to relocate its capital from Jakarta to a new city in East Kalimantan, Borneo. Part of the reason for the relocation is to ease traffic congestion in Jakarta, which has made the city polluted, and overcrowded. Indonesia’s new capital city would also symbolically centralize the administration, which is perceived …

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 …

A Regulatory Guide to Cryptocurrency in Indonesia

Cryptocurrency has grown in popularity, and Indonesian regulators are still trying to catch up. Hence, foreign investors interested in this untapped market should be mindful of the present regulatory environment around cryptocurrencies. This article will summarize the existing regulation regarding the cryptocurrency market in Indonesia. Is Cryptocurrency Legal in Indonesia? The Indonesian currency is determined …

A Window Opportunity in Indonesia Gaming Market for Chinese Developers

Video and internet games have gained massive attention across the globe as people are refraining from playing traditional sports due to Covid -19 restrictions. Thus, boosting the mobile video games industry from USD 61.3 billion in 2019 to USD 98 billion in 2020. One of the major countries that have significantly contributed to the global …

Starting an IT Company in Indonesia During the Pandemic: An Insight From the Real Expert

The burgeoning digital economy during the pandemic presents lucrative business prospects for foreign investors to start an IT company in Indonesia. Marisa Muhsin, Indonesian Representative of Click Next – A Thai-based IT solutions company, talks about her recent experience of doing business in Indonesia during this uncertain time. How Digital Economy Presents a Treasured Opportunity …

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 …

Doing Business in Indonesia for Indian: Benefits of Setting Up An IT Company

The developing economies of India and Indonesia have prospered in recent years as a result of their mutual cooperation. According to the Indian Embassy assessment, Indian investment in Indonesia is over $15 billion, whereas Indonesia’s investment in India has reached $627 million. This article deals with various aspects of Indonesia’s digital economy and how doing …

Indonesia KBLI: An Ultimate Guide for Foreign Investors in 2021

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 …

Opening a Logistic Company in Indonesia: Benefits from E-Commerce Boom

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 …

Digital Banks – Emerging Sector in Indonesia’s Banking Industry

Opening Digital Banks In Indonesia – A Right Move For Foreign Investors Now? And Can They? Indonesia’s banking sector is marching towards a digital revolution. Indonesia’s Central Bank – Bank Indonesia, estimates that digital banking transactions are expected to reach IDR 32,206 trillion (US$2.3 trillion) by the end of 2021. A substantial increase from IDR27,036 …