Indonesia’s business scene is one which has seen much growth in recent years. This business growth has come in tandem with its impressive rate of economic growth; the country’s gross domestic product (GDP) has been registering a steady increase over the past several decades. Some of the reasons for this corporate boom lie in the unique features of Indonesian companies. There are certain characteristics possessed by Indonesian companies which have caused many people from around the world to consider starting companies there. These features have done much to improve the business and economic condition of the country.
Low Startup Costs
One feature of Indonesian companies which attracts many investors and entrepreneurs is that of the low startup costs which exist in the country. Regardless of where in the world a company is started, there will always be certain costs incurred when the company begins its operations for the first time. However, these costs tend to be lower in Indonesia than in other countries. The fact that the Indonesian rupiah has a favorable exchange rate when compared to many other global and regional currencies also plays a role in lowering the startup costs of the average Indonesian company. Therefore, those interested in starting a company in Indonesia can be assured that doing so will not impose a financial burden upon them or their new company.