Tag: Business in indonesia

Always Up-To-Date Guide to Foreign Owned Company Registration in Indonesia

Did you know that in Indonesia, businesses with even 1% of foreign ownership are considered foreign companies (PT PMA)? In this article, you will find a full overview of foreign-owned company registration in Indonesia, including: Foreign ownership limitations Minimum paid-up capital and other requirements The step-by-step process of setting up a PT PMA Alternatives to […]

Doing Business in Indonesia During Ramadan: Essential Tips

Ramadan is the Holy Month for Muslims during which they forgo eating and drinking from dawn to dusk. It is a serious religious undertaking that impacts the daily routine of many Indonesians. One of the common misperceptions, usually among newer expatriate business managers, is that the business stops during that time or that it’s followed […]

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. […]

Foreign Construction Company Representative Office (BUJKA) in Indonesia

Foreign investors aiming to expand their construction business to Indonesia have two options – set up a limited liability company (PT PMA) or a representative office for their foreign construction company (BUJKA). This article will clarify the process of setting up a representative office for a foreign construction company in Indonesia. What is a BUJKA? […]

Understanding Indonesian Business Culture

The diverse and rich cultural dynamics dominate Indonesian business culture. By having a better understanding of it you increase your chances of doing business with Indonesian companies. Therefore, the best advice is to start with learning about Indonesian people and about the unwritten habits of the country and its organizations. In the following article we […]