Fintech is one of the industries registering a high growth rate in Indonesia in the last 5 years. With the government and the Central Bank of Indonesia supporting the development of financial and non-financial institution offering innovative solutions to clients, opening a fintech company in this country has become quite popular. There are two ways…
A crypto license in Indonesia is required for activities such as those of crypto asset brokers and others related to digital financial asset trading. Local and international investors must follow the general business formation requirements to open a crypto company in Indonesia. Our Indonesian company incorporation consultants can help foreign entrepreneurs who…
Even if there is no law to provide for the creation of trusts in Indonesia, the local government does recognize international trusts. It is possible for both foreign and Indonesian citizens to create trusts in other jurisdictions with the purpose of leaving assets located in Indonesia to the beneficiaries. If you are interested in creating a trust, our Indonesia company…
Indonesia relies on tourism, which is one of the greatest contributors to the country’s economy. Among the tourism facilities which have important profits on an annual basis are Indonesian hotels. This is one of the reasons for which many foreign citizens move to Indonesia to start businesses in tourism. Foreign investors are welcome to invest in tourism…
Like any country with a large population, the demand for new residential buildings is very high in Indonesia. This has led to the fast development of the construction sector in the last few years. By 2020, the spending on construction works is expected to grow by 5.2% and most of these works will be completed by…
Foreign investors who want to start a business in Indonesia have several regions they can focus on, each with its own advantages. One of the most prolific Indonesian islands is Bali, known mostly as an important tourism hub in the Southeast Asian region. If you want to start a business in Bali, you 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…
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…
Foreign investors interested in starting a business in Indonesia have several options in terms of company structure. The same is available for foreign companies interested in setting up their presence on the local market. Among the preferred options for foreign companies is the subsidiary. The main type of company used to create a subsidiary in…
Both foreign investors and citizens must consider opening bank accounts when they move to Indonesia. This is because most of the transactions here are completed online through credit cards which are linked to local bank accounts. There are several types of accounts which can be opened in Indonesia. Our company formation advisors in Indonesia can offer information on how to set up…
