ARTICLE

HOW TO KNOW WHO IS THE CONTROLLING SHAREHOLDER OF A COMPANY?

“Business community often associated a Controlling Shareholders as someone who owns more than 50% of shares in the Company. However, this assumption is not uncontested because there are many other factors that can make someone become a Controlling Shareholder such as specific regulation that regulates the lower amount of shares or the provision of the…

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Establishing a Foreign-Owned Company in Indonesia: Dealing with the Challenging Procedures and Regulations

Establishing a Foreign-Owned Company in Indonesia

Despite the economic slowdown and the poverty rise in Indonesia, the demands on products are surprisingly increasing. In fact, according to the data of Central Statistics Agency (Badan Pusat Statistik/BPS), between 2014 and 2015, 1.1 million people in Indonesia have become poor. So, what makes the demands on products or purchasing power in Indonesia get…

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Things to Consider before Starting Business Setup in Indonesia

Things to Consider before Starting Business Setup in Indonesia

Predicted as one of the countries with the most powerful economy in the near future, Indonesia is such a pertinent place for the world’s business people to open a fresh market as well as growing their company. Although a handful of challenges like adjusting the local culture and confronting the political situation is likely inevitable,…

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12 Reasons why to do business in Indonesia

12 Reasons why to do business in Indonesia

Standing out among the G20 members, Indonesia would likely be an imminent Asian tiger disclosing ample opportunities for the world’s entrepreneurs to branch out in the near future. The 72-year-old nation flanked by two oceans is potentially great for investment and setting up business overseas as well. Its presence as a prevailing country in the…

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