Economy & Trade

Latest News

• 
  November 22, 2018 by Indonesia Briefing
  

  The Guide to Employment Permits for Foreign Workers in Indonesia

  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[…..]
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  October 25, 2018 by Indonesia Briefing
  

  Bank Indonesia to Standardize QR Code Payment

  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[…..]
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  October 12, 2018 by Indonesia Briefing
  

  Indonesia Eases Tax Holiday Policy for New FDI Projects in All Sectors

  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.[…..]
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  October 8, 2018 by Indonesia Briefing
  

  How to Set Up a Representative Office in Indonesia

  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.
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  September 28, 2018 by Indonesia Briefing
  

  Indonesia Market Entry Models: Representative Office

  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.
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  August 24, 2018 by Indonesia Briefing
  

  Indonesia’s Growing Special Economic Zones – Opportunities and Challenges

  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[…..]
• April 17, 2018 by Indonesia Briefing
  

  Procédures d’importation et d’exportation en Indonésie – Les meilleures pratiques

  Écrit par : Vasundhara Rastogi Traduit par : Vincent Bonhaume Réparti sur plus de 17 500 îles, l’archipel indonésien est un carrefour commercial clé en Asie du Sud-Est. Le pays insulaire est bordé par la Malaisie, le Timor-Leste et la Papouasie-Nouvelle-Guinée, et l’île Christmas (île de Noël), l’Inde, les Philippines, Singapour, la Thaïlande, le Vietnam, l’Australie et[…..]
• April 12, 2018 by Indonesia Briefing
  

  Les perspectives d’investissement de l’Indonésie pour 2018

  Écrit par : Vasundhara Rastogi Traduit par : Vincent Bonhaume Stratégiquement positionné le long des principales lignes maritimes reliant l’Asie de l’Est, l’Asie du Sud et l’Océanie, l’Indonésie attire naturellement les investisseurs étrangers. Le pays est le plus grand archipel du monde, constitué de cinq îles principales – Java, Sumatra, Kalimantan, Sulawesi et Papouasie – et d’environ[…..]
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  April 9, 2018 by Indonesia Briefing
  

  Indonesia’s Investment Outlook for 2018

  Indonesia has one of strongest economic fundamentals in the ASEAN region, stable governance and low political risk. Read more about Indonesia’s FDI trends and outlook for 2018 in our latest article.
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  March 29, 2018 by Indonesia Briefing
  

  Import and Export Procedures in Indonesia – Best Practices

  By: Vasundhara Rastogi Spread across more than 17,500 islands, the Indonesian archipelago is a pivotal trading hub in Southeast Asia. The island country borders Malaysia, Timor-Leste, and Papua New Guinea by land, and Christmas Island, India, the Philippines, Singapore, Thailand, Vietnam, Australia and Palau by sea.