Why You Should Set Up a Company in Profitable Industries in Indonesia If you are a business person, you may have read or heard about the growth of certain industries within Indonesia lately. This may have inspired you to seek more information about these key areas so that you can set up your own company…
How Import Business License Can Help Your Trading Company If you are a company using product input from other countries, you must secure an import business license right away. This is to help you facilitate the incoming shipments without having to worry about customs clearance. But first, let us define what import is. Importing is…
Exploring Different Types of Business Structures in Indonesia Indonesia’s business structures and economic growth is moving at a fast pace, thanks to the country’s stretch of islands. Being a member of the CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa) has helped Indonesia get more attention from across the world. The dynamic and ever-growing…
How to Legally Choose a Company Name in Indonesia It may not be a priority, but naming your company is a crucial aspect that every business owner should take time when conceptualizing. When you choose a company name, you assess how your organization is perceived. You also consider which branding strategies work and other long-term…
Political Challenges of Incorporation in Indonesia and Potential Solutions from the Government Continuously attracting business owners and enterprises around the world, Indonesia is a place of flourishing opportunities. Despite the rise and fall of the Indonesian government, the economy is thriving in a positive manner that allows businesses to attain profitability and sustainability. However, some…
Legal Obligations Every Indonesia Company Must Follow The corporate law in Indonesia created legal obligations that every company in the country must follow strictly. Failure to adhere to these legal obligations is punishable under the law. Perseroan Terbatas (PT), also called a limited liability company, is a legal entity that allows companies to run a…
Opening a Bank Account in Bali? Read this First While Bali is known for its beautiful beaches, it also offers a very vibrant banking industry. If you are a foreigner who is staying for a long period of time, you might want to consider opening a bank account in Bali. This lets you prevent the…
Let’s Talk Numbers: Minimum Capital of a PT PMA Money is the bloodline of any business. You need to make sure you have enough funding for your dream company, especially if you are building it from scratch. In Indonesia, the amount of minimum capital requirements varies according to the types of companies as dictated by…
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