There are a significant number of expats in Indonesia, for education as well as business opportunities. Most significantly in Bali and Jakarta, there is a large community of expats that live there. Bali is tourist [...]
The two main states that reaps the most revenue would be Bali and Jakarta. Bali is an island that is popular amongst tourists because of the sights and beaches, along with the [...]
The process depends on a case-by-case basis, but it usually takes approximately 1-2 months for a complete registration.
A representative office is a type of business entity that foreign companies set up to conduct research as they have interest in exploring potential business opportunities before making a decision to set [...]
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.
Articles of association form a document that specifies the regulations for a company's operations and defines the company's purpose. The document lays out how tasks are to be accomplished within the organisation, [...]
A nominee director is a person appointed to represent the interests of another group or person. For instance, a nominee director may be appointed to sit in a board by a substantial [...]
A representative office is a type of business entity that foreign companies set up to conduct research as they have interest in exploring potential business opportunities before making a decision to set [...]
There is no restriction to how many bank accounts that your company can apply. However, you will require to have at least one business bank account.
The most common types of bank accounts in Indonesia are savings accounts, checking accounts, and deposit accounts.
