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…
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…
Both foreign investors and citizens must consider opening bank accounts when they move to Indonesia. Our company formation advisors in Indonesia can offer information on how to set up a local bank account. Why are digital payments and local bank accounts important in Indonesia? Indonesia is heavily using digital payments, mobile banking, e-money, and Quick Response Code Indonesian…
