Business Fields No Longer Need Additional Licenses

Business Fields No Longer Need Additional Licenses

Luring Investors by Shunning Additional Licenses Amid a tight competition with neighboring Asian countries, the Indonesian government has adopted a national policy seen to attract more investors, particularly those who find long government checklists of requirements time-consuming. Aptly referred to as bureaucratic layers, the Indonesian government is on a sustained effort to ease the tedious…

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How to Open Corporate Bank Account in Indonesia

How to Open Corporate Bank Account in Indonesia

Opening a corporate bank account in Indonesia is one of the most critical steps in establishing a legally compliant and operationally ready business. Whether you are setting up a foreign-owned company (PT PMA) or a locally incorporated entity (PT), Indonesian law mandates that every legal entity maintain a dedicated corporate banking account; no company may…

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Challenges of Startups in Indonesia

Challenges of Startups in Indonesia

How to Overcome Challenges of Startups in Indonesia Indonesia attracts locals and foreigners because of the potential profitability of doing business in the country. However, it can get a bit difficult when business people encounter challenges of startups inherent to the country. Still, this doesn’t mean that you cannot set up a startup company there.…

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