The application and approvals for the various documents take around 1-2 months, sometimes up to 3 months. However, this is a rough estimation as every incorporation have different timeframes depending on the [...]
As of 4 March 2021, the Positive Investment List was introduced to significantly reduce the number of restricted sectors that prevents foreigners to enter from 350 to 46.
The Negative Investment List was replaced by the Positive Investment List in 2021. The list details the restricted sectors that the government prohibits investors and entrepreneurs to invest in.
Yes, foreigners can incorporate a local PT company through a local nominee arrangement. To control the company as a foreigner, you can manage all the financials of the company by holding the [...]
Just like in any country, there are requirements and compliance that foreigners need to follow to operate business in Indonesia. This is made easy as there are numerous service providers that can assist [...]
Indonesia is a majority Muslim country however is not a Muslim state. Despite that, Islamic principles do influence political decisions as Indonesia has the largest Muslim population in the world. Indonesia’s national language [...]
Indonesia has the largest economy in south east Asia. Furthermore, there is already a large foreign business community in areas such as Bali and Jakarta as they see a large number of [...]
Indonesia has a growing economy that many foreigners see as an opportunity. Despite the restricted international travel situation, Indonesia’s travel industry still has potential due to the thousands of islands Indonesia is [...]
Indonesia’s national language is Bahasa Indonesia, although similar to Malay, it is not the same. Other than that, Javanese is also one of the most common primary language spoken. Indonesia is also [...]
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 [...]
