Month: May 2018

Steps to Take to Open a Foreign-Owned Bank Account in Indonesia

In recent years, the Indonesian government made significant efforts to boost the country’s business environment. The country’s consumer-centric Deregulation Packages had already encouraged several foreign businesses to invest in the nation [Europa]. Additionally, the government’s push towards improving the country’s trade relations with Brazil, promoting a fair trade agreement with Norway, and the country’s focus …

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Reasons Why Indonesia is an Ideal Location for Offshore Company Formation

What is an offshore company? This typically refers to conducting business in another place other than in the person’s jurisdiction. Operating business offshore has a lot of innumerable benefits like tax optimization, asset protection and low administration costs. Maximising the profits and expanding the business are the goals of a company. Entrepreneurs want their products …

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Why 2018 is a Prime Year to Open an Investment Account in Indonesia

Indonesia has one of the most stable economies in the Southeast Asian region with a 5.06% GDP growth in the 1st quarter of 2018 (Indonesia Investment). This is due to the strengthening of commodity prices which boosted the country’s export performance, and the government projects and policies which aims to attract more foreign direct investment. …

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Quintessential Guide for Offshore Company Setup in Indonesia

Foreign investors continue to look for ideal places to set up an offshore business. And recently, Indonesia is one of the popular choices among other offshore countries. This can be credited to the government’s constant efforts to amend and improves the country’s business framework to attract foreign businesses. The country’s big population provides many business …

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