How the OSS System Speeds Up Company Registration in Indonesia Many foreigners would like to register their companies with the Indonesian government to abide by local laws and regulations. But one problem they encountered so far is the slow pace of company registration. The good news is that Indonesia now has the OSS System which…
Discussing the Biggest Corporate Secretary Myths and their Truth Many people are not familiar with what a corporate secretary is or what that position entails. Hence, corporate secretary myths crop up. A corporate secretary is actually a very important position in private companies and some public organizations. The corporate secretary is meant to provide support…
Doing Business in Indonesia: Tips for Preparing Income Statements An Income Statement is one of those 3 major Financial Reports to demonstrate the Financial Performance of a company. The remaining two are the Balance Sheet and Cash Flows. Income Statement is also known as Profit and Loss (P&L). Some people also call it Statement of…
Navigating Your Way in Indonesia with Your PT PMA and PT Company Indonesia is one country that many foreign investors would probably like to venture into. Indonesians may need the products and/or services that such investors would like to offer. Here is some information on setting up a PT PMA and PT Company in the…
How to Apply for the Correct Business Licenses in Indonesia Many Indonesians and foreigners would love the chance to do business in Indonesia because the potential for profit is substantial. However, you have to select the correct business license, depending on the kind of business you are putting up. Your line of business in the…
Six Reasons for Company Dissolution and How to Do It in Indonesia There comes a time when your company will cease to exist. For whatever reason it may be, you need to be prepared for the things you should do to handle this. You should be able to see this coming as an entrepreneur. After…
Basics on Types of Representative Offices You Can Open in Indonesia The legal environment of Indonesian business can be quite challenging for some businesspersons, especially if this is your first time. It is necessary to open a representative office first if your company is not qualified to open a local company. A representative office is…
Find out Why Business Owners are Outsourcing Accounting Professionals Business owners are always making decisions for their company, based on information at hand and further research. To help them make informed decisions, business owners make sure that their company has a good, effective, and efficient accounting system in place. Accounting refers to the gathering, summarizing,…
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