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…
Six Reasons for Company Dissolution and How to Do It in Indonesia There comes a time when your company will cease to exist. For whatever reason it may be, you need to be prepared for the things you should do to handle this. You should be able to see this coming as an entrepreneur. After…
Basics on Types of Representative Offices You Can Open in Indonesia The legal environment of Indonesian business can be quite challenging for some businesspersons, especially if this is your first time. It is necessary to open a representative office first if your company is not qualified to open a local company. A representative office is…
Find out Why Business Owners are Outsourcing Accounting Professionals Business owners are always making decisions for their company, based on information at hand and further research. To help them make informed decisions, business owners make sure that their company has a good, effective, and efficient accounting system in place. Accounting refers to the gathering, summarizing,…
Explaining the IFRS and the Value Relevance of IFRS Adoption in Indonesia The IFRS adoption in Indonesia gradually started in 2007, and the new standard took effect in 2012. The IFRS has three main characteristics, higher use of fair value as an assessment basis, and more disclosure. Find out more. Benefits of Adopting the…
Certain Factors Bring Investors to Indonesia Cities to Establish Business Indonesia is a country with a large thriving population influenced by various cultures of surrounding nations. If you are a foreign investor, you are probably wondering which are the right cities to establish a business in. To find out, you may want to learn what…
Think Carefully Before Choosing a Reliable Business Partner in Indonesia Planning a business venture in Indonesia is not for the faint of heart because you may encounter problems before succeeding. To make it easier on yourself, it pays to look for a reliable business partner first. This means taking time to assess the Indonesian contacts…
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