Political Challenges of Incorporation in Indonesia and Potential Solutions from the Government Continuously attracting business owners and enterprises around the world, Indonesia is a place of flourishing opportunities. Despite the rise and fall of the Indonesian government, the economy is thriving in a positive manner that allows businesses to attain profitability and sustainability. However, some…
Legal Obligations Every Indonesia Company Must Follow The corporate law in Indonesia created legal obligations that every company in the country must follow strictly. Failure to adhere to these legal obligations is punishable under the law. Perseroan Terbatas (PT), also called a limited liability company, is a legal entity that allows companies to run a…
Opening a Bank Account in Bali? Read this First While Bali is known for its beautiful beaches, it also offers a very vibrant banking industry. If you are a foreigner who is staying for a long period of time, you might want to consider opening a bank account in Bali. This lets you prevent the…
Let’s Talk Numbers: Minimum Capital of a PT PMA Money is the bloodline of any business. You need to make sure you have enough funding for your dream company, especially if you are building it from scratch. In Indonesia, the amount of minimum capital requirements varies according to the types of companies as dictated by…
Why You Should Get an SNI License in Indonesia Now While it is a popular saying that customers are always right, it is also important to remember that they are not expecting anything less than what they paid for. What does this mean? Customers know their money’s worth; that is why they always look for…
What to Know When Applying Business Licenses for Agricultural Sector Indonesia has been exerting efforts in order to make it’s business climate suitable and friendly to all investors. Just last year, the Indonesian Minister of Agriculture released a regulation pushing for the ease of doing agricultural businesses in the country. The new mandate, to put…
Know the Basics of Submitting Investment Activity Report in Indonesia Before setting up your dream company, you already have outlined in your mind the investment goals and necessary prerequisites for your business. But this is not enough, especially if you are doing business in Indonesia. You need to summarize these details in an investment activity…
3E Accounting Founder Lawrence Chai Shortlisted for Digital Accountancy Awards 2020 This year’s Digital Accountancy Forum and Awards will be conducted virtually on 30 September 2020. There are 10 Corporate Award categories and 3 Individual Award categories. 3E Accounting Founder Lawrence Chai has been shortlisted as a Finalist in 2 Awards categories – Young Accountant…
Hacks to Enable You to Be a Successful Startup Company Startups are growing everywhere and this has been an excellent period for startups worldwide and in Indonesia as well. Several new entrepreneurs have emerged in Indonesia with creative ideas and dreams of setting up a successful business enterprise. But sadly, not all startups are flourishing,…
Avoid These Mistakes of Foreign Startups and Run Your Business Smoothly In every major move you are intending to do, make sure to always back it up with much-needed preparation. This is also the same for when you are venturing into a business. If you are a foreign startup in Indonesia, you need to do…