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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…
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…
Why You Should Seek Legal Advice for Indonesian Startups Now Indonesia has been attracting investors to build their startups, especially after making its rules and regulations more business-friendly. Before taking the plunge, however, you must seek legal advice for Indonesian startups. Do not make the mistake of creating a company without putting in mind the…
Five Reasons Why Mystery Shopping Will Improve Your Business You know your business is running smoothly—and according to plan—if you are receiving minimal to zero complaints from your customers. Of course, you would want it to stay that way and even improve at some point. One way of doing so is through mystery shopping. It…
