Doing Business in Indonesia

Doing Business in Indonesia

garydean.id
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Setting up business anywhere in Indonesia? You need to know a few things; including Legal Structures, Visas, Accountancy+Tax, and perhaps even field Research.
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  • What type of business entity is most suitable for my business activities in Indonesia? Should I set up a PT PMA, local PT, or a representative office?
  • As a foreign national, are there any restrictions on business sectors I can invest in? What are the minimum capital requirements for foreign investors?
  • What are the legal requirements for registering a company in Indonesia? What legal compliance must I adhere to on an ongoing basis?
  • Tax Obligations: What are my tax obligations as a foreign business owner, and how do I ensure compliance with Indonesian tax laws?
  • Work and Stay Permits: What kind of permits do I need to work and stay legally in Indonesia? How do I obtain a KITAS or other necessary visas
  • Employment Law: What do I need to know about Indonesian labor laws, especially regarding hiring and managing local and foreign employees?
  • Cultural Adaptation: How do I adapt my business practices to fit Indonesian culture and business etiquette?
  • Banking and Finance: How do I set up a company bank account, and what are the financial regulations regarding foreign-owned bank accounts?
  • Language Barrier: How will I manage language barriers in business operations, and should I consider hiring a translator or taking language classes?
  • Business Support Services: What business support services (legal, accounting, etc.) will I need, and how do I find reputable service providers?
  • Exit Strategy: What should my exit strategy look like if I decide to cease operations or sell the business?
  • Local Partnerships: Should I consider partnering with a local company or individual? What are the benefits or drawbacks?

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