The taxation system in Indonesia is made up of several levies which apply to both companies and individuals. If companies are levied the corporate tax and individuals the personal income tax, which are direct taxes, there are also indirect levies among which the value-added tax (VAT) or the goods and services tax (GST) is the most important one.…
Indonesia is one of the most appealing countries for starting a business in Southeast Asia because of its numerous population and cheap workforce. These are two of the most important reasons why foreign companies set up branches and subsidiaries in Indonesia instead of choosing other countries in the region. One of the most lucrative…
Retail is one of the most prolific industries of the Indonesian economy. Foreign investors can also set up shops in which they can sell various items, including food products, as long as they respect the local regulations. As in any other Asian countries, spices are quite in demands in Indonesia, therefore, starting a…
The Indonesian residence permit can be issued for a limited duration or permanent stay; however, the procedure is different in accordance with the reason for moving here. If you plan on relocating to the country in 2024, you should consider your options based on your visa type and the intended length of…
The number of foreign citizens moving to Indonesia has increased in the last few years as the government has improved many of the laws targeting foreign direct investments. However, not all individuals move with the purposes of setting up a company in Indonesia, some of them relocate here for employment reasons.…
Those who want to open companies in Indonesia can set up various types of businesses in the retail industry. Among these, companies for selling food, beverages and tobacco generate significant profits thanks to the Indonesian population which is one of the largest at a regional level. There are various requirements which need to be respected when opening…
Starting a business in Indonesia is not complicated for foreign investors. Once they have chosen the industry they want to operate in and have drafted the investment plan, the company registration procedure becomes quite simple. Among the industries suitable for opening companies in are the automotive and tourism sectors. For example, starting a business…
Foreign entrepreneurs interested in doing business in Indonesia have various industries to choose from. They can decide for large industries, such as manufacturing and energy, or for smaller ones, such as e-commerce and IT. Those interested in opening businesses in large economic sectors can establish companies on energy and air conditioning supply in Indonesia, which imply…
Indonesia relies on the shipping industry which represents one of the most developed branches of the country’s economy. There are various subsectors of the maritime industry in which companies can be opened in Indonesia, one of the most prolific ones being the repair and maintenance of ships and shipyards. Foreign investors who want to establish…
Tourism is one of the most appreciated industries in Indonesia not only by tourists but also by investors who have found many business opportunities here. Starting a company in tourism is a very good idea considering small companies can operate accommodation facilities, but one can also set up large resorts which offer…
