Lucrative Potential of Doing business in Yogyakarta: For entrepreneurs on the lookout for potential business opportunities, doing Business in Yogyakarta would be a profitable decision. The provincial administration of Yogyakarta has ambitious plans to convert around 385 hectares of land in Sentolo, Kulon Progo, and Piyungan, Bantul to a technology hub. The administration plans the…
Small Business Opportunities in the Indonesian Market Indonesia, being one of the largest economies in southern Asia and 16th in the world, has a wide range of business opportunities to offer. This island country boasts a 5.8% GDP growth in the last ten years and is projected to become the seventh-largest economy in the world…
Indonesian Millennial Entrepreneurs and Their Successful Startups In the past few years, it has been noticed across the globe that millennials have shown the spirit of entrepreneurship. In fact, they have grown interested in establishing startups and coming up with innovative ideas. This trend of startups is bound to stand out in the rapidly growing…
Watch Out for the Seven Signs of a Failing Business! No matter how much hard work you put through your business, there are still times when you will find it challenging to go on. While it is helpful to be optimistic, you also need to take a step back and see if your company is…
For the Sake of Your Company, Do Background Check for Business Partners It is important to know what kind of people you are dealing with, especially in business where your money, reputation and hard work are at stake. So, when bringing in additional investors to your company, you should always conduct a background check for…
A Guide for Managing Your Franchise Business in Indonesia The franchise system allows a hardworking person to take charge of himself and his family without building everything from scratch. For one, you don’t need to work on the entire business model. Instead, you can just commit to the one that has been set up. It…
Get Ahead on How to Setup an Employment Agency or Recruitment Agency in Indonesia Being one of the world’s largest marketplace with colossal workforce labours, Indonesia’s need for proper distribution of manpower is more important than ever. Therefore, with the search for new employees on an ever-increasing demand; starting up your recruitment agency in Indonesia…
Know Crucial Cultural Tips of Indonesia To Survive in Business Foreign investors who want to start doing business in Indonesia should start on the right foot. Sometimes, it pays to practice and to master certain cultural tips before you talk business with local business leaders. Business in Indonesia is really about developing close personal ties…
Doing Business in Indonesia: Accounting Practices of Companies During COVID-19 COVID-19 has affected businesses from around the world. Online classes and Work from Home have become norms. At the same time, most of the business activities, like buying and selling take place from home. Countries have prohibited mass gatherings. At the same time, the implementation…
Indonesia to Introduce VAT on Imported Digital Products August 2020 New Regulation to Take Place from August 2020 Indonesia will introduce Value Added Tax (VAT) on imported digital products beginning in August 2020. This will be applicable to all foreign businesses and companies. If you sell digital products either through electronic systems or online,…
