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Expanding to Indonesia is More Challenging Than You May Anticipate A foreign investor intent on expanding to Indonesia may encounter more challenges than previously thought. Here are seven facts that you need to know before you set up a business in the country: The Archipelago May Hinder Plans of Expanding to Indonesia The geography…
Choosing Between the Top 5 Best Accounting Software in Indonesia Every business requires financial management. In fact, it can be very complex for some and for them, having an accounting software is absolutely essential. Accounting software in Indonesia is one of the most important tools to have for any business. When looking for accounting software,…
Indonesia Business Guide: How to Ensure Effective Writing Minutes of a Meeting People conduct meetings, whether it be for business or for nonprofit purposes, for specific reasons. So, it’s important to be knowledgeable about writing minutes of a meeting so that everyone can work towards the same goal. One person usually takes down the minutes…
Creating the Best File System Management for Your Company Companies, regardless of the size of their operations, must always maintain order in all aspects, including handling their documents. Therefore, it is important to put in place effective file system management. Such a system can help the corporate secretaries designate centralized storage for all the documents…
These are the Benefits of Outsourcing that Can Help Grow Your Business If you are running a small- to medium-sized company, you should consider outsourcing some of your business functions to experts. Ideally, you would keep everything in-house so that you control every business function. The problem with that though is that you and your…
How the OSS System Speeds Up Company Registration in Indonesia Many foreigners would like to register their companies with the Indonesian government to abide by local laws and regulations. But one problem they encountered so far is the slow pace of company registration. The good news is that Indonesia now has the OSS System which…
Discussing the Biggest Corporate Secretary Myths and their Truth Many people are not familiar with what a corporate secretary is or what that position entails. Hence, corporate secretary myths crop up. A corporate secretary is actually a very important position in private companies and some public organizations. The corporate secretary is meant to provide support…
Doing Business in Indonesia: Tips for Preparing Income Statements An Income Statement is one of those 3 major Financial Reports to demonstrate the Financial Performance of a company. The remaining two are the Balance Sheet and Cash Flows. Income Statement is also known as Profit and Loss (P&L). Some people also call it Statement of…
Navigating Your Way in Indonesia with Your PT PMA and PT Company Indonesia is one country that many foreign investors would probably like to venture into. Indonesians may need the products and/or services that such investors would like to offer. Here is some information on setting up a PT PMA and PT Company in the…
How to Apply for the Correct Business Licenses in Indonesia Many Indonesians and foreigners would love the chance to do business in Indonesia because the potential for profit is substantial. However, you have to select the correct business license, depending on the kind of business you are putting up. Your line of business in the…