Indonesia is the 10th largest economy in the world, according to the latest survey conducted by the World Bank. Among the reasons for which Indonesia ranks this high in the survey is the large number of inhabitants which form the skilled workforce in this country. Indonesia is made up of several countries, one…
Until a few years ago, the Indonesian pharmaceutical market wasn’t as development as the markets of other neighboring countries. In 2014, the Indonesian government has enabled the national health insurance program and the number of pharmaceutical companies has started growing. Presently, the pharmaceutical industry in Indonesia is predominantly made up of companies producing and selling generic…
The food industry is one of the most important economic sectors on Indonesia, as the goods produced here are destined not only for the local population but also for export. Also, this industry is made up of several branches, restaurant businesses playing an important role in its development in the last years. Foreign investors can set…
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…
Indonesia is the 4th largest country by population and the 16th most prosperous economy in the world, which make it one of the largest consumption markets at global level. These are also a few of the reasons why trading plays an important role in the Indonesian economy. Indonesia is known for the large amounts of goods it…
During the last several years, foreign investments in Indonesia have increased gradually and reach and average of approximately 30 billion USD every year. Also, Indonesia is one of the countries where foreign investments are regulated by a specific law which is completed by other presidential and governmental decrees. Foreign investors who want to open companies in Indonesia have…
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…
Over the past few years, Indonesia has become one of the most important economies in Southeast Asia competing with states like Singapore and Hong Kong. This has caught the attention of foreign investors, but also of credit rating agencies which have started paying more attention to the Indonesian economy and also started upgrading its ratings. Among the attributes…
