Posts Tagged ‘Doing 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 MoreIndonesia Allows 100% Foreign Shareholding in Restaurants, Cafes, Film Production Business Sectors
After several months of development, the President of Indonesia has finally issued the newest Negative Investment List (Daftar Negatif Investasi or “DNI 2016”) on May 18, 2016, under Presidential Decree No. 44 of 2016. DNI 2016 effectively replaces the previous DNI, Presidential Decree No. 39 of 2014, starting May 22, 2016. As previously described in…
Read MoreEstablishing a Local PT (Perseroan Terbatas)
WHAT IS LOCAL PT? Local PT (Perseroan Terbatas) is a limited liabiity company established under the laws of Indonesia. In a Local PT, only Indonesian citizens and Indonesian legal entities are allowed to hold shares directly as registered shareholders. WHO CAN ESTABLISH LOCAL PT? Minimum 2 (two) or more Indonesian individuals and Indonesian legal entities.…
Read MoreEstablishing a PT PMA (Foreign Direct Investment Company)
WHAT IS PT PMA? PT PMA (Perseroan Terbatas Penanaman Modal Asing) is a limited liability company established under the laws of Indonesia. In a PT PMA, Foreigners in the form of individuals and legal entities can be registered as shareholders. However some business activities requires Indonesian Citizens or legal entities to hold shares alongside Foreigners.…
Read MoreNew Law on Plantation Business in Indonesia
Law No. 39 of 2014 on Plantation (“Plantation Law/2014”) has been registered and immediately comes into effect on 17 October 2014. It has been issued to replace and revoke the Plantation Law No.18 of 2004 which is no longer suitable with the dynamics and legal needs of the public and is deemed unable to give…
Read MoreList of Negative Investment of Industry Sector and Industrial Zone
In order to increase foreign capital investment and to be prepared for ASEAN Economic Community (AEC), Indonesian Government has renew the provision of List of Negative Investment in closed and opened industry for foreign capital investment. The new provision was written in President Regulation No. 39 in 2014 about list of closed and open industry…
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