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…

Read More

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,…

Read More

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…

Read More

DO YOU KNOW THAT AN OUTSOURCING CONTRACT MUST BE REGISTERED?

DO-YOU-KNOW-THAT-AN-OUTSOURCING-CONTRACT-MUST-BE-REGISTERED

Ministry of Manpower stipulates that the work agreement of outsourcing shall be registered to the related authorities in manpower. Read more to learn about the obligation of registering the agreement. In the previous article, SMART has discussed the types of jobs in Indonesia you can outsource to the third parties.  Principally, the prevailing framework of…

Read More