Indonesia’s Positive Investment List: Sectors Open and Restricted to Foreign Businesses
Indonesia’s Positive Investment List allows 100% foreign investment in over 200 business lines, with several incentives for priority sectors.
How to Open a Bank Account in Indonesia?
We discuss everything you need to know to open a bank account in Indonesia, including the necessary documents, procedure, and fees.
Indonesia and Singapore Sign Six MoUs to Enhance Bilateral Ties
Indonesia and Singapore signed six memoranda of understanding (MoUs) in late March 2023 to enhance bilateral ties.
An Overview of Indonesia’s Double Tax Avoidance Agreements
Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.
Religious Holiday Allowances in Indonesia: Obligations for Businesses
With the upcoming Eid-al Fitr holiday in Indonesia, businesses must pay the religious holiday allowance, also known as Tunjangan Hari Raya (THR).
How to Set Up a Company in Indonesia
In this article, we discuss the steps that would-be investors need to take to establish a company in Indonesia.
Audit and Compliance in Indonesia: A Guide for Foreign Investors
Foreign businesses should focus on Indonesia’s Company Law, which dictates the accounting standards companies should adhere to when preparing financial statements.
Incentives for Doing Business in Indonesia
Indonesia has enhanced and improved the incentives offered to businesses in a bid to spur foreign and domestic investments into the country.
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen, Indonesia Calls for Phasing Out Visa and Mastercard
Growing calls to settle financial transactions in local currencies.
An Overview of Indonesia’s Free Trade Agreements
Indonesia has signed a number of free trade agreements as an independent market as well as through its membership in ASEAN. These trade agreements provide businesses with improved market access for goods and services and investment opportunities.