Expanding to Indonesia is More Challenging Than You May Anticipate A foreign investor intent on expanding to Indonesia may encounter more challenges than previously thought. Here are seven facts that you need to know before you set up a business in the country: The Archipelago May Hinder Plans of Expanding to Indonesia The geography…
Choosing Between the Top 5 Best Accounting Software in Indonesia The pressure on Indonesian businesses to manage finances with precision has never been greater. Tax regulations are tightening, operations are expanding across branches, and real-time financial visibility is expected. Spreadsheets and manual records, while once sufficient, now present operational and compliance risks. The key consideration…
Indonesia Business Guide: How to Ensure Effective Writing Minutes of a Meeting People conduct meetings, whether it be for business or for nonprofit purposes, for specific reasons. So, it’s important to be knowledgeable about writing minutes of a meeting so that everyone can work towards the same goal. One person usually takes down the minutes…
Creating the Best File System Management for Your Company Companies, regardless of the size of their operations, must always maintain order in all aspects, including handling their documents. Therefore, it is important to put in place effective file system management. Such a system can help the corporate secretaries designate centralized storage for all the documents…
These are the Benefits of Outsourcing that Can Help Grow Your Business If you are running a small- to medium-sized company, you should consider outsourcing some of your business functions to experts. Ideally, you would keep everything in-house so that you control every business function. The problem with that though is that you and your…
Indonesia’s Online Single Submission Risk-Based Approach (OSS-RBA) is the sole official platform through which all companies, local (PT) and foreign-owned (PT PMA), must register, obtain a Business Identification Number (NIB), and secure operating licenses. OSS-RBA is governed by Government Regulation No. 5 of 2021 and replaced the older OSS 1.1 system, which is no longer…
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…
