Batam is the first Special Economic Zone (SEZ) opened in Indonesia and includes islands of Batam, Tonton, Setokok, Nipah, Rempang Galang and Galang Baru and lies on one of the world’s busiest shipping lanes between Sumatra and Singapore.
How much of the shares can you own in a company in Indonesia? Are foreigners allowed to hold shares in an Indonesian company? All foreign ownership restrictions are regulated by Law of Investment (25/2007) and presidential decree (36/2010) called the Negative Investment List (DNI). Latest update on 2014 Negative Investment List can be found here. Note […]
photo credit: dcgreer There are several visas and work permits Indonesia has for foreigners looking to stay or work in Indonesia. In this article I will guide you through the types of visas available and which one you should choose, skipping the ones not relevant for business travelers and entrepreneurs. Note that Indonesia passed a […]
Indonesian Stock Exchange (IDX) is on its way of becoming the biggest stock exchange in South-East Asia in terms of market capitalization, expected to pass Singapore in 2015. This would mean doubling the current market capitalization to $US 750 Billion . Let’s look in more detail why you should be interested in IDX and how […]
The objective of reporting investment activity is for BKPM to analyze current investment activities and to find solutions of challenges faced by investors. There are not evidence yet that LKPM is giving a concrete solution to support investors while operating in Indonesia. However, since it is regulated LKPM needs to be submitted.
In case your business is about importing goods to Indonesia, you will have to obtain licenses to be eligible to do that. We have a thorough guide on how to set up an import company. In this post we explain in more details the different types of import licenses and how to get them.
Indonesia’s highly competitive labor market throws even more hurdles in front of you when you don’t happen to be the offspring of selected elite. It is a common and growing trend that companies prefer to hire the children of families with wealthy background. Emerhub talked with some of them.