How much does it cost to register a company in Indonesia?
The cost of opening a company in Indonesia depends on the type of company to be registered and the type of activity you will be engaged in. The minimum package of services costs USD 4800 and includes: registration of the company on a turnkey basis, lease of the registered office for a year and secretarial services, payment of all necessary duties and fees, as well as apostilled translation of the constituent documents.
Can foreigner open company in Indonesia?
Yes, a foreigner can open a company in Indonesia. However, there are certain regulations and procedures that must be followed. Foreigners must appoint a local Indonesian as a director of the company and are required to have a minimum capital investment of 10 billion Indonesian Rupiah (approximately US$700,000). In addition, the company must obtain necessary licenses and permits for its business activities, and adhere to the laws and regulations in Indonesia. It is advisable to consult with a local lawyer or business advisor to ensure that all requirements are met.
Is Indonesia good for international business?
Indonesia is considered a potential market for international business due to its large population and growing economy. The country is home to a number of industries, including manufacturing, agriculture, and natural resources, which provide opportunities for foreign businesses. In addition, the Indonesian government has taken steps to improve the business environment, including reducing red tape and improving infrastructure. However, doing business in Indonesia can also pose challenges, such as complex regulations and cultural differences. Ultimately, whether Indonesia is good for international business depends on the specific needs and goals of each individual company.
Is Indonesia an offshore?
No, Indonesia is not considered an offshore jurisdiction. Offshore jurisdictions are typically characterized by low or no taxes, a favorable business environment, and strong confidentiality and privacy protections. Indonesia, like most countries, has a tax system in place and regulations for businesses that operate within its borders. However, Indonesia offers various incentives for foreign investment and has a growing economy, making it an attractive destination for international business.
Does Indonesia give citizenship to foreigners?
No, Indonesia does not offer citizenship to foreigners. Indonesian citizenship is only acquired by birth in the country or through descent from an Indonesian parent. However, foreigners may be eligible for long-term residency permits, which can provide certain benefits and rights in Indonesia, but citizenship is not among them.
