An individual or business in Indonesia can legally be denied an insurance cover if the individual or business has engaged in illegal business activities. A business which has a history of bankruptcy [...]
Any business owner, whether local or foreign, can receive business insurance in Indonesia. For a foreigner to receive business insurance, the foreigner must already have three types of business insurance. These are [...]
Business insurance in Indonesia is cheaper than it is most Southeast Asian countries. The rate of life insurance fell to 15.8% in 2017 from 17.9% in 2013. Life insurance in Indonesia is [...]
An LLC is a legal entity only and must choose to pay tax either as an S Corp, C Corp, Partnership, or Sole Proprietorship. Therefore, for tax purposes, an LLC can be [...]
Yes, you can. You will need a local nominee director for your foreign local company incorporation.
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.
Indonesia has taken many different but effective approaches to improve the educational standards of the country, especially since the country became a democracy in 1998. In 2002, Indonesia made it a constitutional [...]
The primary destinations of Indonesian students who leave the country for tertiary education are Australia and the United States. According to the latest statistics, approximately 20,000 Indonesian students study in a higher [...]
PT PMAs may be started by any foreigner. No restrictions with regard to nationality apply.
Those who are allowed to start a PT PMA in Indonesia include foreign individuals and foreign legal entities. Indonesian citizens are not mentioned in this group. However, Indonesian citizens and Indonesian legal [...]
