There are two types of employment visas available for foreign workers planning to work and live in Indonesia: ITAS (Izin Tinggal Terbatas), a limited stay permit, issued by the Indonesian Immigration Directorate General through the local immigration office; and KITAP (Kartu Izin Tinggal Tetap), a permanent stay permit that is available for application to only[…..]
Quick Response Code (QR Code) is increasingly being used as one of the digital payment methods in Indonesia besides EDC (Electronic Data Capture). QR Code is a method of transaction which involves scanning through a device or other infrastructure owned by the buyer or the merchant. In Indonesia, several companies engaged in payments system services[…..]
In a bid to attract more investment to support the country’s economic growth, Indonesia recently issued a new regulation granting a 100 percent Corporate Income Tax (CIT) cut to new FDI-backed businesses. The government has further announced that the tax holiday will now be offered to new investors in all business sectors in the country.[…..]
As an alternative to establishing a Limited Liability Company or investing in an existing local company, foreign investors are permitted to open a Representative Office in Indonesia. In this article we discuss the key steps for establishing a Representative Office in Indonesia.
There are two main market entry options available for foreign investors looking to expand into Indonesia: a Limited Liability Company and a Representative Office. A Limited Liability Company is known as Perseroan Terbatas or ‘PT’. Under a PT, shareholder liability is limited to the extent of the capital agreed to be contributed by the shareholders.
It is not mandatory for foreign investors looking to enter the Indonesian market to establish a new Limited Liability Company. Would-be investors may just invest their capital in an existing local company operating in their field of business by following standard acquisition procedures. However, for those looking to establish a new Limited Liability Company or[…..]
There are two main market entry options available for foreign investors looking to expand into Indonesia: a Limited Liability Company and a Representative Office. A Limited Liability Company is known as Perseroan Terbatas or ‘PT’. Under a PT, shareholder liability is limited to the extent of the capital agreed to be contributed by the shareholders.[…..]
Indonesia’s e-commerce industry holds a lot of promise for foreign investors. The country has more than 130 million internet users and a burgeoning consumer market riding on the growing accessibility of mobile internet in the country. Known as Asia’s foremost mobile-first nation, Indonesia offers retailers a unique opportunity to dominate its online retail market.
Over the last decade, Indonesia’s economic clusters –special economic zones (SEZs) and industrial estates have grown multi-fold, both in terms of number and breadth. In 2014, there were approximately 74 industrial estates with an area of 36,300 hectares in the country. By 2017, the number of industrial estates expanded to 87 with an area of[…..]
Écrit par : Dezan Shira & Associates Traduit par : Roy Forney La Banque d’Indonésie (BI), la banque centrale du pays, a récemment annoncée un relâchement du ratio prêt-valeur (loan-to-value, ou « LTV ») et du ratio financement-valeur (financing-to-value, ou « FTV »). Cette décision, entrée en vigueur le 1er août 2018, réduira les obligations d’acompte pour les acheteurs de propriétés immobilières.[…..]