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.
Understanding The Restricted Sectors for Foreign Investment in Indonesia Indonesia has been maintaining positive growth for direct investment inflows within these past four years. As in 2014, Indonesia had successfully attracted 78.7 trillion rupiah (USD 6.3 billion) of direct foreign investment based on Indonesia Investment Coordinating Board (BKPM). The most attracting business sectors were mining, …
With current global condition, emerging market countries are the latest investment destinations, and Indonesia is no exception. If you are planning to open a business in Indonesia, you may know that the overall process can be quite a hassle due to bureaucratic and legal matters. Once you’re finished with those matters, the next important thing …
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Foreign investors who intend to conduct business in Indonesia should understand foreign investment regulations, such as requirements for obtaining business licenses or permits that are related to foreign company registration documents. The specification type of business licenses depends upon the type of business activities being pursued. Some business entities may require more than one business …
Overview of Indonesia for AFTA 2015 In the past, initiatives by developing countries to establish regional economic integration – called the ASEAN Free Trade Area – were coordinated and stimulated by governments and international organizations, without any involvement by the private sector. AFTA (ASEAN Free Trade Area) is an agreement between the ASEAN countries to …
Understanding the Corporate and Personal Income Tax in Indonesia Tax is a central issue in investment matters no matter where you are. Because tax is a major contributor to a country’s income, the amount of tax imposed is often a determining factor for investors who are considering entering a market country. Corporate tax or company tax refers to …
In Indonesia the automation industry grows around 10-15% annually. With Indonesia’s gradual integration with the world economy, it will play an important role in bringing down costs. Automation helps decrease cost and increase productivity efficiency, aesthetics and delivery systems. Many industries have increasing production standards, making the workforce more and more expensive. These conditions push many industries …
Foreign Worker Recruitment Process for PMA in Indonesia The process of recruiting foreign labor for a PMA is quite a bit more complicated than local labor. Based on Law Number 13 Year 2003 concerning manpower, employers are prohibited from employing foreigners without written permission from the Ministry of Labor and Immigration (Depnakertrans). This process consists of filling out …
Indonesia is a fast-growing economy (5.8% in 2014) and is one of the fastest growing countries among the G-20 (the industrially driven nations) and currently the 16th largest economy country in the world, the fifth in Asia and by far the biggest in Southeast Asia. With more than 240 million people, Indonesia is the fourth most populous country in the world. …
Background Check Services in Indonesia Coming to Indonesia from faraway? Are you afraid to start business with unreliable or incompetent business partner? Are you going to share sensitive information in Indonesia? Yes you are. That’s what starting a business in Indonesia is about. You are sharing very sensitive information when you want to establish a long …
Having a business partner on the ground is invaluable when you are setting up a company in Indonesia. Once established, that partner can be critically important when it comes to smooth payroll processing in Indonesia Like many other aspects of doing business in Indonesia, regulations governing payroll and related taxes and deductions are complex. It …
Hiring in Indonesia, whether locals or expatriates, comes with certain regulations that every business is required to comply with. In Indonesia, labour and employment are regulated by the Ministry of Manpower. The regulations protects all employees. An employee is defined as any person working in return for a salary or compensation in another form. Hiring …
