Starting a business in Indonesia as a foreign investor is not difficult, as long as he or she respects the local regulations. A foreign entrepreneur will be required to comply with the laws imposed by the Investment Coordinating Board, but also with industry-specific authorities, such is the case when opening a business in the jewelry industry in Indonesia.
Indonesia is a very rich country when it comes to the extraction of precious metals from the designated areas across the country.
Our Indonesia company incorporation agents can offer more information on how to open a jewelry company in this country. We can also help you if you wish to immigrate to Indonesia to manage your business.
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How to register a jewelry company in Indonesia
The first step in opening a jewelry company in Indonesia is to incorporate the company with the Business Register in the city the business will operate.
Once the Indonesian jewelry business is registered, it is required to apply for one of the licenses granted under the Mining Law.
Indonesia is one of the largest producers of gold in the world which is why opening a jewelry business here has the advantage of producing and selling items made of precious metals at very affordable costs. The business owner(s) do not need to immigrate to Indonesia, however, this is possible under the right type of residence permit.
Our company formation consultants in Indonesia can guide foreign investors through the registration of a business for selling jewelry.
Our lawyers specializing in business matters can assist you in any area related to company law. Whether you have questions about hiring or dismissing employees, are unsure of the most suitable way in which an agreement will protect your best interests, or are involved in litigation, our team of lawyers in Indonesia is able to assist you. Find out more about our services by reaching out to one of our attorneys.
Licenses for jewelry businesses in Indonesia
There are several types of licenses a jewelry company can obtain in Indonesia. Under the local legislation, these are:
- a mining business license which enables a company to mine for precious metals in a certain region or area;
- a mining services business license if the company plans on offering other services than mining;
- a production operation license if the company will transport and sell precious metals;
- a production operation license if the company wants to process precious metals;
- a trading license if the jewels or precious metals are sold in or outside the country.
Opening a jewelry company does not imply the sale of precious metals only, as companies here can also sell hand-made or non-precious metal jewels on the Indonesian market under less stringent requirements.
No matter the type of jewelry business you are interested in, please contact us for assistance in setting up the company in Indonesia.
You can also contact us if you wish to immigrate to Indonesia. Starting a business, such as the one presented in this article, can be a route for immigration, however, it is not the only one. Foreign nationals can also relocate to the country based on employment, or to reunite with a family member who is already a temporary or permanent resident. Our team will answer your questions about the current visas and immigration policy.