Doing Business in Indonesia VS Kazakhstan – A Comparison
Entrepreneurs and investors often face a challenging decision when choosing the right destination for their business ventures. Both Indonesia and Kazakhstan offer unique opportunities, making the choice even harder. Indonesia is praised for its competitive landscape, high quality of life, and lower costs for setting up smaller businesses. On the other hand, Kazakhstan stands out with its strategic location in Central Asia and its growing economic potential, driven by rich natural resources and government reforms. This article explores the key factors to help you decide between these two promising destinations.
Key Comparison Points
Business Environment
- Indonesia: Indonesia provides a politically stable environment with a growing economy and increasing government support for foreign investments.
- Kazakhstan: Kazakhstan offers a stable political climate with a legal framework that supports foreign direct investment, particularly in its resource-based industries.
Taxation
- Indonesia: Indonesia has a corporate tax rate of 22%, with additional tax incentives available for businesses in specific sectors and regions.
- Kazakhstan: Kazakhstan offers a corporate tax rate of 20% and provides tax exemptions for companies operating in special economic zones.
Ease of Company Incorporation
- Indonesia: The incorporation process in Indonesia is straightforward, supported by digital infrastructure and a regulatory framework designed to attract foreign investors.
- Kazakhstan: Kazakhstan has simplified its company registration process, with online services available for incorporation and government support for startups.
Cost of Living and Business Operations
- Indonesia: Indonesia is known for its affordable operational costs, including office space and living expenses, making it an attractive option for small and medium-sized enterprises.
- Kazakhstan: Kazakhstan offers competitive operational costs, but living expenses and office rentals in major cities like Almaty can be higher compared to Indonesia.
Access to Markets
- Indonesia: Indonesia’s strategic location in Southeast Asia provides access to a large domestic market and trade agreements with key global economies.
- Kazakhstan: Kazakhstan’s location in Central Asia allows businesses to connect with markets in Europe, China, and Russia through initiatives like the Belt and Road Initiative.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference:
Factor |
Indonesia |
Kazakhstan |
Business Environment |
Politically stable with government support for foreign investments |
Stable political climate with a focus on resource-based industries |
Corporate Tax Rate |
22% |
20% |
Capital Gains Tax |
Applicable with exemptions for certain investments |
Applicable with favorable rates in certain sectors |
Ease of Incorporation |
Straightforward with digital infrastructure |
Simplified process with online services |
Business Costs |
Affordable operational costs and living expenses |
Competitive operational costs but higher living expenses in major cities |
Market Access |
Access to Southeast Asia and global trade agreements |
Access to Europe, China, and Russia via strategic location |

Benefits of Choosing 3E Accounting
Whether you’re looking to register a company in Indonesia or start a business in Indonesia, 3E Accounting offers unparalleled expertise and support. From seamless incorporation to comprehensive business solutions, our team ensures a hassle-free experience for entrepreneurs and investors.
Explore our Indonesia company incorporation services package to understand how we can assist you. For more guidance, check out our guide on registering a company in Indonesia. Ready to take the next step? 3E Accounting is here to help. Contact us today to get started.
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Frequently Asked Questions
Indonesia has streamlined its registration process using digital infrastructure, while Kazakhstan also offers online services but with fewer automation features. For a full walkthrough, visit this company registration guide for Indonesia.
Indonesia generally offers more affordable office space, labor, and living costs compared to Kazakhstan’s major cities. See this guide to setup Indonesia business for insights.
To begin your business journey in Indonesia, you can contact 3E Accounting for expert assistance and tailored guidance.
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.