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For entrepreneurs and investors looking to expand in Asia, the choice between Indonesia and Thailand often represents a challenging dilemma. Both countries offer unique opportunities and advantages, making the decision highly dependent on individual business goals and priorities. Indonesia is known for its competitive business landscape, high quality of life, and lower costs for setting up smaller businesses, while Thailand boasts a thriving tourism-driven economy, excellent infrastructure, and a strategic location in Southeast Asia.
Here’s a quick overview of the key differences for easy reference:
| Factor | Indonesia | Thailand |
|---|---|---|
| Business Environment | Improved political stability, supportive government policies | Established legal framework, strong support for key industries |
| Corporate Tax Rate | 22% | 20% |
| Capital Gains Tax | Varies based on income and sector | Generally exempt for individuals |
| Ease of Incorporation | Improving but still bureaucratic | Straightforward with strong digital infrastructure |
| Business Costs | Lower operational and living costs | Moderate costs with higher living standards |
| Market Access | Largest Southeast Asian economy, ASEAN member | Regional trade hub, excellent global connectivity |
Whether you’re looking to register a company in Indonesia or start a business in Indonesia, 3E Accounting offers unparalleled expertise and support. From seamless incorporation to comprehensive business solutions, our team ensures a hassle-free experience for entrepreneurs and investors.
Explore our Indonesia company incorporation services package to understand how we can assist you. For more guidance, check out our guide on registering a company in Indonesia. Ready to take the next step? 3E Accounting is here to help. Contact us today to get started.
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Indonesia offers a larger domestic market, lower business costs, and growing government support for foreign investment. For a breakdown, see this guide to starting a business in Indonesia.
Indonesia has made improvements in streamlining incorporation but still involves some bureaucracy. Thailand’s process is generally faster. To understand what’s involved, explore this company registration guide.
Thailand has a slightly lower corporate tax rate at 20%, while Indonesia offers tax incentives in sectors like tech and sustainability. Read about the company incorporation benefits available.
Yes. As the largest economy in Southeast Asia, Indonesia presents long-term growth potential with reforms and expanding investment opportunities.
3E Accounting offers a full suite of company incorporation services in Indonesia tailored for both locals and foreigners.
3E Accounting provides everything from business setup to compliance. Browse our services for more information.
Businesses in Indonesia can access corporate secretarial and company secretary services to ensure compliance with local laws.
You can begin by reviewing company setup services or contact 3E Accounting for personalized assistance.
Abigail Yu
Author
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.
