Many people who own an Indonesian company have considered owning a company in another country at the same time in order to gain access to the market of another country. For such a company owner, there are many benefits received by one who owns a foreign company and an Indonesian company at the same time.

Foreign Company Ownership by an Indonesian Company Owner

There is no law which states that an Indonesian company owner may not simultaneously own a company based abroad. Of course, such company owners must be aware of the foreign country’s rules and regulations regarding the setup of the company abroad. They must also note the market trends of the other country so that there is no adaptability problem when they start their company in the other country. They must also abide by the laws of Indonesia regarding the setup of a foreign company by an individual. Doing so will increase economic viability of the business and possibly also help Indonesians attract foreign investments to their own country.

A foreign company owned by a person who lives in Indonesia might also be used as a representative office. A representative office allows a business to advertise its brand among the citizens of Indonesia. A representative office can also carry out market research regarding potential consumers in Indonesia.

There are many advantages to possessing a foreign company and an Indonesian company at the same time. One benefit available to owners is an increased knowledge of marketing strategies. The company owner can learn more about the marketing strategies that can be applied in both the markets as well as the customer requirements in two distinct markets, then customize the company’s products and services accordingly. Doing so will improves the company’s business prospects in both countries. This is because the strategies learned applied will help in attracting more revenue while also increasing the size of the consumer base. In this way, people from different countries may recognize the company and its products and services. If they are satisfied with the company’s products and services, the company will grow and increase its level of revenue.