Starting a business in Indonesia is a swift and smooth process. This can be completed in a short period of time. This Indoneisa Business Guide will provide you with information you need. Start your Indonesia company incorporation with Paul Hype Page & Co today.
Following our part one of Indonesia Business Guide,we explained and guided you on the guidelines to adhere to before Incorporating an Indonesia Company However,here we discuss further on the order to carry out business activities in Indonesia.
Economic Overview and the Benefit of Investing in Indonesian
Domestic consumption makes up 55.8% of Indonesia’s GDP. That is an important figure as it has helped Indonesia from the global economic crisis.
Indonesiais also the largest economy in Southeast Asia, ranking in at number 16th globally. Average annual economic growth of 5.5% over the last six years has reduced unemployment (from 7.1% in 2010 to 5.5% in 2016) and the poverty rate (from 13.3% in 2010 to 10.9% in 2016).
Before we continue, it is important to understand that Indonesia has become the worlds,
Largest producer and exporter of crude palm oil
Second largest producer of cocoa and tin
Second largest exporter of coal
4th largest exporter of natural gas
Apart from the points mentioned above, this Republic also has ample of natural resources in the form of nickel, gold, coffee, and etc. Something that could guide you when you are thinking to incorporating a company.