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Blog - Company-registration-Indonesia

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Blog: Company-registration-Indonesia

Latest Development of Digital Financial Innovation in Indonesia

Posted 4.01. 2019 by Cekindo

The Indonesian Financial Services Authority (Otoritas Jasa Keuangan – OJK) officially issued a Regulation No. POJK 13 /POJK.02/2018 concerning Digital Financial Innovation in Financial Services Sector (“POJK 13”) that was put into effect on August 16, 2018. POJK 13 was set up to regulate the exploding growth of digital industries eagerly participating in Indonesian financial …

New Negative Investment List Opens 54 Sectors to Foreigners

Posted 28.12. 2018 by Cekindo , last update on 3.01. 2019

In order to boost foreign and domestic investments in Indonesia, the government of Indonesia is going to update the Negative Investment List (NIL), which was last amended in 2016. Reasons for the Change? The new list was announced in November 2018 as part of the 16th economic policy package by the Coordinating Ministry for Economic …

Opening a Business in Bandung: Starter Pack for Investors

Posted 5.12. 2018 by Cekindo , last update on 25.12. 2018

Bandung is a fast-developing city in Indonesia. It is the 3rd largest city and the capital of West Java province in Indonesia with over 2.5 million inhabitants. As a result, it is self-explanatory that many foreigners open a business in Bandung. This article summarises useful information you need before you start a company in Bandung, …

Online Single Submission System and Its Effect on Company Registration

Posted 1.11. 2018 by Cekindo , last update on 19.11. 2018

Recently, the Indonesian government adopted several business-friendly policies to make it simpler for foreign investors to jumpstart their businesses in the archipelago. The results are, however, questionable. This article introduces a newly established system of company registration in Indonesia through so-called Online Single Submission System and provides a general overview of the most important facts …

Simple Guide to Opening a Restaurant in Bali

Posted 7.03. 2018 by Cekindo , last update on 26.09. 2018

So, you are planning to open up a Restaurant in Bali. You got your plans all worked out into details and you are ready for the hard work – turning your dream into reality. Keep up that spirit! You are going to need it when working through the maze of paperwork, rules and permits. …

An In-Depth Look to Dissolving a Company in Indonesia

Posted 6.03. 2018 by Cekindo , last update on 26.09. 2018

Indonesia with its growing economy and a huge market is literary an archipelago of opportunities. Launching a new product, investing in one of the promising industries or doing business in import/export could be highly profitable under the condition that all the prerequisites are met. …

How to Extend a Visa in Bali (and How Not to)

Posted 28.02. 2018 by Cekindo , last update on 7.11. 2018

There are different kinds of visas available in Indonesia, allowing visitors to stay for one month, two months and up to 6 months in a row. Before you fly into the country, it is good to be well-informed about the latest visa regulations. You wouldn’t be the first having to exit the country unexpectedly because …

Semarang: Business Heaven for Singaporean Investors

Posted 23.02. 2018 by Cekindo , last update on 26.09. 2018

When it comes to starting a business in Indonesia, most of the time people will just think of Bali and Jakarta. However, as one of the fastest growing countries in the world, Indonesia has so many amazing cities that foreign investors can look into including Semarang. …

Young Living: A Case Study

Posted 6.12. 2017 by Cekindo , last update on 6.09. 2018

1. Problem As the world leader in essential oil products and wellness solution, Young Living has successfully produced and distributed one of the most genuine essential oils worldwide. Young Living is committed to providing pure and powerful products with life-changing benefits for every family. Established in 1994, Young Living has its main headquarters in Lehi, …

Company Registration Update: Annual License Renewal is No Longer Needed

Posted 7.03. 2017 by Cekindo , last update on 25.09. 2018

Indonesian current government is so consistent in promoting Indonesia as a conducive and reliable country for foreign investment. Many efforts have been done by the government, including issuing policies that will make foreign investment more feasible. The most recent ones are the Regulation Number 07/M-DAG/PER/2/2017 by the Ministry of Trade Republic Indonesia on Trading Business …

Product License Holder in Indonesia

Posted 17.01. 2017 by Cekindo , last update on 25.09. 2018

Product registration in Indonesia is currently limited to registered legal entities according to the applicable Indonesian law, usually by Perseroan Terbatas (PT). However, if your company does not have any legal entity in Indonesia, it is still possible to have your products registered in this country. In this article, we will show you how to …

Registering Medical Devices In Indonesia

Posted 5.12. 2016 by Cekindo , last update on 18.09. 2018

Healthcare system in Indonesia is currently showing significant progress. Since the launch of the universal healthcare program by the government in January 2014, known as Jaminan Kesehatan Nasional (JKN), Indonesia has made some improvements in its healthcare service. There is a significant growth in the number of hospitals, with 130 new general hospitals and 50 …