ASEAN Connected: Indonesia Business Guide
Paying taxes became easier and less costly through the introduction of an online system for paying social security contributions and a reduction of both the rate paid by employers and the ceiling for the contributions.
Key facts about starting a business in Indonesia:
- Obtaining a limited stay visa to be able to work in Indonesia takes around one month; employment regulations are discussed in detail in the Labour
- Requesting and obtaining a building construction permit takes approximately 42 days and costs IDR68,281,500
- All Indonesian incorporated entities must prepare statutory financial statements in accordance with the Indonesian Accounting Standards (SAK);
further details can be found in the Audit chapter
- Companies that wish to list securities on the IDX must, amongst other conditions, have engaged in their core business for at least 36 consecutive
months at the date of application; this is discussed further in the Finance chapter
Dee-Ann Prather, Down Under Enterprises International
NSW Women in Global Business Award winner
Member of the ECA
“90% of our business is export based and we are expanding rapidly throughout Asia. As we move into new countries and regions it is important to understand the country, culture and business norms and ECA has helped us do this through their programs. ECA has also helped us improve our shipping and documentation efficiency, especially with the new GHS requirements. Overall, ECA is a wealth of information and knowledge and have always been very helpful when we have specific issues or questions.”Become a Member
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