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Reasons You Should Choose Indonesia for a Startup Company Indonesia’s economy, which is currently the sixteenth largest globally, is becoming an attractive destination for businesses looking to enter Asia. Hence, the number of businesses is growing as well. Indonesia, being one of the world’s fastest-growing economies, has enormous potential for new and existing firms in…
Set Up Your Company with Minimum Fuss with 3E Accounting Indonesia Are you a first-time entrepreneur looking to start a new business? Or are you a seasoned businessperson looking for company formation in Indonesia? With the help of 3E accounting’s startup company setup services, you may have your firm up and running relatively immediately. We…
Choosing Between PT and PMA Company in Indonesia When a foreigner decides to start a business in Indonesia, they have two alternatives. They are the PT & PMA. The PT is a local company based on the concept, and PMA Indonesia is a foreign-owned company. Because Indonesia is a bureaucratic country, the Badan Koordinasi Penanaman…
Open a Business in Indonesia – We Will Help You in Setup Whether you are an existing firm or a new business start-up, if you want to expand your business in a foreign country like Indonesia, you have to perform some documentation work to run your business without any hindrance of paperwork and approvals. There…
Accounting Trends in 2020 that You Should Have Knowledge About Businesses have been striving to improve their financial management by improving their accounting processes. Financial departments of companies have been looking for a balance of maintaining traditional responsibilities and developing a corporate strategy that includes automation and digitization. The accounting trends in 2020 reflect that.…
Some of the Most Important Accounting Rules in Indonesia Companies Should Know About In this article, we look at some of the most important accounting rules in Indonesia. Read on. The accounting standards in Indonesia is the Indonesia Financial Accounting Standards (PSAK). The Indonesia Financial Accounting Standard Board and the Indonesia Sharia Accounting Standards Board…
3E Accounting Use of Artificial Intelligence The accounting profession has embraced waves of automation to improve the efficiency and effectiveness of their work, the use of technology enablers such as artificial intelligence (AI) to replace humans for various job tasks is also an aspiration for many firms. Embracing the growth of technology, back in 2019,…
Hedge Accounting: What is it, and How Does it Work? It is important for you to realize how hedging can impact your financial statements. Companies do hedging to minimize the exposure of firms to markets, but it does not impact the income statement through an unrealized loss/gain (P&L). Therefore, a lot of firms want to…
What You Need to Know Before Forming a Nonprofit Organization Forming a nonprofit organization can arise for many reasons. But ultimately, these foundations are all inclined with pushing various causes and advocacies aimed at improving the condition of humankind, whatever they may be. From the name itself, nonprofit organizations are not created to generate big…
Doing Business in Indonesia: Basics of Islamic Accounting Accounting can be defined as the process of recording financial transactions pertaining to a business. It includes the summarizing, analyzing, and reporting of the company to analyze its performance. This is the conventional definition. But how about if we put the prefix “Islamic?” What would be the…
