Indonesia is consistently ranked as one of the world’s leading foreign investment destinations for so many years. The reasons are many, one of them being the country’s attempt to create a business-friendly environment for foreign investors. In recent years, the Indonesian government has been
Why Every Real Estate Agent in Indonesia should Have a Virtual Assistant
It is understandable that you, as an entrepreneur, tend to manage everything yourself when you first start your real estate business in Indonesia. Since your customer base is still small, you only have a small number of listings that you need to upload, update, and follow up. However, once your
How a Virtual Assistant is Beneficial for Your Business in Indonesia
Remote work was so rare several years ago. But now, the trend of remote working has been more prevalent than ever due to ever-advancing telework and teleconferencing technology, as well as the recent pandemic lockdowns. Although you work or run a business remotely, a virtual assistant in
How Foreign Investors can Invest in Indonesia
Indonesia is proud to have one of the best-performing economies in the world and the largest economy in Southeast Asia. In 2019, the GDP per capita of Indonesia was recorded at approximately US$3,847. Apart from the favorable economy, foreign investors are so interested in investing in Indonesia
Who is Working in a Coworking Space in Kuningan? Meet These 7 Types of Users
One of the factors that people will consider before working in a coworking space is its users. Startups and new businesses can especially benefit from this when they can socialise with creative minds and like-minded people. These are the 7 types of users you will meet in coworking spaces, which
Getting Started with PT PMA Establishment in Indonesia: Get the Facts Right
A PT PMA, or Perseroan Terbatas Penanaman Modal Asing in the Indonesian language, is a foreign-owned company established in Indonesia by foreign investors. Foreigners make use of PT PMAs to carry out business activities in the country as it is one of the common forms of Indonesian legal entities
Can a Company Have Multiple Business Addresses in Indonesia?
Under the Company Law of Indonesia, when it comes to business registration in Indonesia, one of the requirements is having a business address. In almost all cities in Indonesia, a residential address is not permitted for business registration. Therefore, a non-residential business address is
A Quality Background Screening is Important in Indonesia: Why?
Before hiring anyone to work at your company, it is best to conduct a quality background screening. The purpose of background screening in Indonesia is to give you absolute confidence in the people you are getting onboard. Brilliant business owners like you know that employees are the most
Understanding Legal Obligations of an Indonesian Company
There are two common types of legal entities for investors in Indonesia: Perseroan Terbatas (PT) and foreign-owned companies (PT PMA). PT is also known as a local company. Most foreign investors choose a PT PMA due to its possible foreign ownership of up to 100%. Here are some of the PT PMA’s
7 Things to Prepare before Selling Your Business in Bali
There are many reasons to sell your business in Bali. Reasons for selling your business in Bali could be retirement, illness, loss of partner, boredom, or partnership disputes. You may also want to sell your business because it doesn’t generate any profit. However, you need to be prudent on
7 Mistakes You Must Not Make when Setting up a PT PMA in Indonesia
In general, there are three legal entity options for foreigners to do business in Indonesia: local company (PT), foreign-owned company (PT PMA), and representative office. However, many foreign investors prefer to set up a PT PMA in Indonesia as it allows up to 100% foreign ownership depending on
The Importance of Due Diligence before Buying a Business in Bali
If you are thinking about buying a business in Bali to fulfill your entrepreneurial dream, or you want to expand your existing company through business acquisition, it is best for you to conduct due diligence. Make sure that you don’t skip this important process because this is how you can
