Investors who open a financial company in Indonesia follow the general process for company incorporation in Indonesia, with the authorization requirements set forth by the two regulators in the country. Financial companies offer different types of services to their local and international clients: banking solutions, insurance, surety, venture capital, and…
Investors interested in starting a business in Indonesia have many reasons for doing so. Among these, the legislation which favors foreign investments in certain industries, the types of structures which are similar to those in Western countries and the incentives granted by the authorities. Speaking about incentives, one of the industries which…
Those who want to relocate to Indonesia have several ways of doing it. One of the easiest ways is by obtaining a job, therefore an employment permit. They also have the possibility of acquiring a residence card, which can be temporary or permanent. Those who want to permanently live can apply for citizenship in Indonesia.…
With an impressive number of 17,000 islands, Indonesia is one of the most prolific countries in Southeast Asia in terms of economy and population. Moreover, when it comes to the population, Indonesia is the 4th most populous country in the world. These attributes make it a perfect location for starting a business and many foreign…
Foreign investors interesting in starting businesses in Indonesia can choose from several developed industries, among which manufacturing and tourism play a significant role in the economy. When it comes to tourism, this is usually linked to the gambling activities in most counties around the world. Indonesia can be considered an exception to this rule, as a…
Although it seems surprising, Indonesia is one of the largest economies in the world as it has one of the greatest populations on the globe. With such great economy which is continuously expanding, Indonesia attracts impressive numbers of investors and visitors on a yearly basis, which makes tourism one of the most important sources of income. These…
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…
Indonesia is a unique country from a company formation procedure point of view because of the types of structures available for foreign companies interested in setting up offices here. For example, foreign companies are allowed to establish subsidiary companies, but the branch office is not regulated by the local legislation. However, the Indonesian liaison office is…
A holding company in Indonesia is a business set up for the purpose of owning assets or shares in subsidiaries, and not for the purpose of engaging in effective trade or commercial activities.Indonesia is a very open country to foreign enterprisers which has transformed it into one of the most sought investment destinations in Southeast Asia.At…
