Indonesia might be one of the best countries to start a business but it’s not necessarily the easiest one. Being the largest archipelago in the world, one of the utmost hurdles of doing business in Indonesia, especially for foreigners, is their time consuming process, their language barrier and also the complex regulation of obtaining permits and licenses.
In fact, the process may turn out to be long and expensive. In order to successfully establish a business in Indonesia, it is important to develop a good network and get into the Indonesian entrepreneurship and government circle.
Foreign entrepreneurs and investors should realise the significance of investing in building and nurturing all their connections. Indonesians are very people individuals, and they cherish relationship very much, therefore, in order to get a smooth sailing process, you will need to adhere to these tiny details.
To be able to set up a legal entity in Indonesia, a foreigner should understand The Company Law year 2007 Law No.
As a foreigner, you still need to understand how the entire process is to avoid fraud and mistakes during the registration process, and by engaging with a trusted consultant regarding the setting up of your PT PMA, the requirement of obtaining certain licenses, permits, and visas, the process will be easier. As we have mentioned the language can be a barrier here.