What is the most profitable business in Indonesia?
Some of the most profitable businesses in Indonesia include, among others: Manufacturing Leisure and Tourism Mining and Energy Infrastructure Maritime, Shipping, and Ports Industry
Is it difficult to set up a company in Indonesia?
Indonesia allows foreigners to set up a foreign limited liability company with up to 100% ownership, although there are some requirements and compliances to follow, it is made easy as there are [...]
Which state in Indonesia has the best business opportunities?
Indonesia has lots to offer, from agriculture, to manufacturing and business. Depending on the industry you are looking at, there are different areas in Indonesia that excels in these areas. For example, [...]
If I work in Indonesia, can I bring my family to Indonesia to live there with me?
In order to work in Indonesia, a foreign worker will need to obtain a work permit. Work permit holders then are eligible to apply for dependant visas for their dependants which include, their spouse and children [...]
How long does it take for the complete closure of a company in Indonesia?
As an estimate, it takes about a year to a year and a half to fully complete the closure of a company in Indonesia as the revocation of licenses and tax identification [...]
Do business owners have the right to refuse service?
Under federal anti-discrimination laws, businesses can refuse service to any person for any reason, unless the business is discriminating against a protected class. At the national level, protected classes including, Race or [...]
What are bank restrictions?
Restricted Account Meaning. A bank account can be restricted in a variety of ways. A bank might limit how many transactions you can make, including making withdrawals, writing checks and making deposits. Businesses and nonprofits [...]
Who regulates the banks in Indonesia?
OJK. Indonesian banking business is considered highly regulated and supervised by OJK. In terms of commercial banks, OJK through OJK Regulation No. 6 /POJK.
Can I employ foreign employees for my company in Indonesia?
Depending on the nature of your business, it is mostly acceptable to employ foreign employees for your company in Indonesia. It is wise to read up and educate yourself regarding the guidelines [...]
What is the compulsory agreement for partnership?
A Partnership agreement must clearly specify the name of the partnership firm, the names of the partners, the capital to be contributed by each partner, the profit or loss sharing ratio between [...]