Today, it is much easier to conduct business in Indonesia than it has been in the past. The current ease of doing business rankings place Indonesia 73rd in the world. Over the [...]
Partnership agreements are often too rigid to be changed. Due to the fact that such agreements are in written form, the agreement will prevent the company from making immediate changes. This is [...]
Partnership agreements highly recommended to be used by every partnership in Indonesia. Furthermore, the Articles of Association of most partnerships state that a clear agreement form be filled and attached during the [...]
Partnership agreements can be rescinded either through a court order or the partners’ joint decision. The rescinding of a partnership agreement will lead to the dissolution of the partnership. This turn of [...]
Government grants in Indonesia may be received by business in any industry. However, the fact remains that the government deems more businesses in certain industries as being more deserving of government grants [...]
According to the current laws in Indonesia, there are no restrictions on the number of grants for which a business owner may apply. Should it happen to be the case that a [...]
The Indonesian government introduced the Negative Investment List to prevent the Indonesian market from becoming oversaturated with foreign-owned companies. It also saw the Negative Investment List as a method through which entrepreneurial [...]
The lowering of the corporate tax rate was a part of tax reforms carried out in 2009 and 2010. The lowering of the corporate tax rate came with an adjustment to the [...]
According to the latest statistics, the majority of Indonesians live in the provinces of West Java, East Java, Central Java, North Sumatra, and Banten. The country’s population grows by around 1% every [...]
There is a strong correlation between a country’s quality of life and its GDP. This is to be expected because a country which is able to find economic success will be able [...]
