How to Find Suppliers in Indonesia

Indonesia, the world’s largest archipelago, offers tremendous resources. However, it is often difficult for foreign investors to find or contact Indonesian suppliers. In this article, we will bring out the most common barriers foreign companies face when looking for suppliers in Indonesia and explain how to overcome these obstacles. We will also list the requirements […]

Guide to Limited Stay Permit KITAS in Indonesia

If you are planning to work in Indonesia or stay in Indonesia for longer than a few months, you need a limited stay permit (KITAS). This article will guide you through the different options for getting a KITAS in Indonesia as well as explain the process for obtaining a working KITAS. As a bonus, you […]

2019 Guide to Filing the Annual Financial Statement in Indonesia

All companies registered in Indonesia must pay and report the applicable taxes as well as submit their annual financial statement in Indonesia. In this guide, you will find the essential requirements for submitting the annual financial statement in Indonesia for your tax return. What is the deadline for the financial statement in Indonesia? If your […]

Why and How to Set Up a Fintech Company in Indonesia

With one of the world’s largest unbanked communities and increasing Internet connectivity, Indonesia fosters a fertile ground for fintech businesses. If you plan on investing in – or launching – a fintech company in Indonesia, this article will give you an overview of the current market situation and regulations. Indonesia’s fintech regulations The growth of […]

Complete Guide to Sports Nutrition Registration in Indonesia

If you want to distribute or import sports nutrition products to Indonesia, you will first need to register them. In this article, we will walk you through sports nutrition registration in Indonesia as well as bring out some common mistakes made during the process and explain what preventive steps you can take to avoid them. […]

Understanding the Religious Holiday Allowance THR in Indonesia

THR payment in Indonesia is also known as the religious holiday allowance. Following the law, permanent employees must receive financial support once a year before their longest religious festivities. How does the law regulate THR payment in Indonesia? How to calculate the amount and what are the THR payment deadlines in 2019? As an employer, can […]

What is the Corporate Structure in Indonesia?

Corporate structure in Indonesia is the same for most foreign-owned companies. However, it is often that the organizational layout in Indonesia is confusing foreign entrepreneurs. What roles are the shareholder, commissioner, and director playing in your company in Indonesia? Who can access your corporate bank account? How to terminate a director or a commissioner? Foreign-owned […]

Who Are the Shareholders of GO-JEK?

Indonesia is home to four of Southeast Asia’s seven technology unicorns. Go-Jek, the ride-hailing, logistics, and payments giant, is the first Indonesian company to reach unicorn status (a valuation higher than USD 1 billion). Founded in 2010, Go-Jek boasts a fleet of over one million drivers and more than 18 app-based services. Go-Jek reached a […]

How Using Executive Search in Indonesia Can Benefit Your Business

Executive search in Indonesia can be a challenging process that comes down to a structured and well-calculated recruitment plan. Qualified top talents do not generally look for a job themselves actively, and that is why you are unlikely to find a brilliant candidate on job portals. In this article, we will introduce the structure as […]

Applying for the Reduced Income Tax Rate in Indonesia

In July 2018, Indonesia lowered the income tax rate for small and medium-sized businesses (SMEs). The Ministry of Finance issued a regulation which also sets the application deadlines for the reduced income tax rate in Indonesia. In this article, we will answer the most frequently asked questions about the changes affecting the income tax rate […]