Republic of Indonesia
Capital: Jakarta HDI: 0.684 (108th)
Language: Indonesian GDP (PPP): $2.676 trillion
Currency: Indonesian rupiah
Population: ~ 256 million
Indonesia is a densely populated archipelago in south eastern Asia, which is amongst the G20 economies and considered one of the newly industrialized economies. Long dominated by agricultural production, the economy is now dominated by the industry and service sectors, although the country remains the world’s largest palm oil producer. Despite the growth the country has achieved, per capita income remains low and the government has set about actively combating this through job opportunities and foreign investment. With a need to update infrastructure, Indonesia has been seeing increased investments from around the world and in particular the US; the government has and is currently working on improving the investment climate.
Indonesia – Economic forecast summary
Growth is projected to pick up gradually next year and reach 5.5% in 2017. Public spending should gather pace, and the impact of the significant fall of the rupiah since early 2014, notwithstanding its a recent strengthening, should provide a boost. Low prices for many primary commodities and regulatory uncertainty will continue to hold back private investment.
Indonesia Economy – GDP, Inflation, CPI and Interest Rate
Growth in the Indonesian economy through the first three quarters of 2015 was disappointing due to prolonged delays in government spending and continued declines in the external sector.
Ministry of Trade
The Official Website of the Ministry of Commerce of the Republic of Indonesia.
Industry Trends & Business Climate
Doing Business in Indonesia
This page summarizes Doing Business 2016 data for Indonesia. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.
Indonesia Business & Political Environment | GBG
Indonesia’s economy is on the rise and thus seeing the country take its rightful position as a major destination for foreign direct investment (FDI). Having previously been overlooked in favour of other countries in Asia such as India and China; Indonesia is now hard to ignore.
Establishing a Presence
Business Types – Company Types Limited Liability Company Indonesia
The limited liability company (local PT or foreign PT PMA) in Indonesia is regulated under law number 40 of 2007 (Company Law). The Company Law sets the minimum establishment requirements for a limited liability company, but does not regulate the different company types for limited liability companies in Indonesia. These are regulated in law number 20 of 2008 (SME Law) which essentially differentiates micro companies, small companies, medium companies and large companies.
Business Types – Indonesian Business Entities – Company Registration
Indonesia offers many opportunities to foreign investors. The Indonesian government has recognizes the significant role foreign investors can play in the growth and development of the business sector and the national economy.
Business Registration Requirements – Company registration Indonesia
Steps required for company registration in Indonesia
Starting a Business in Indonesia
It is legal for foreigners to own their own businesses in Indonesia and many foreigners do own businesses in the tourist industry. Indonesian business partners are not required.
Setting up a Business in Indonesia – Global Business Guide
In order to carry out business activities in Indonesia, the company is required to be incorporated as a limited liability company in Indonesia.
Business Registration Requirements – Company Registration in Indonesia
Youtube video from Cekindo covering business registration in Indonesia.
Corporate – Doing Business in Indonesia – Indonesian Corporate Taxation
This is a brief overview of the calculation and payment of corporate tax in Indonesia.
Personal – Indonesia Personal Income Tax Rate
The Personal Income Tax Rate in Indonesia stands at 30 percent. Personal Income Tax Rate in Indonesia averaged 32.27 percent from 2004 until 2014, reaching an all time high of 35 percent in 2005 and a record low of 30 percent in 2009. Personal Income Tax Rate in Indonesia is reported by the Direktorat Jenderal Pajak.
Personal – Individual Income Taxes for Expatriates in Indonesia
our employer is the body responsible for the calculation of any taxes that need to be withheld from your salary, monthly payment of these taxes to the tax authorities, and provision of annual numbers to the employee. The individual employee must then file an annual income tax return for the year in question.
VAT/Sales Tax – Indonesia Sales Tax Rate
The Sales Tax Rate (VAT) in Indonesia stands at 10 percent.
VAT/GST in Indonesia | Indonesia
VAT and Goods and Services Tax (GST) are applied to most goods and services in Indonesia. Imports are subject to VAT and GST, but most exports are not.
Corporate – Indonesia Corporate Tax Rate
The Corporate Tax Rate in Indonesia stands at 25 percent. Corporate Tax Rate in Indonesia averaged 28.79 percent from 1997 until 2015, reaching an all time high of 39 percent in 2002 and a record low of 25 percent in 2010. Corporate Tax Rate in Indonesia is reported by the Direktorat Jenderal Pajak.
Indonesia – US Department of State
See “Entry, Exit & Visa requirements”
Work Permits – Indonesia – US Department of State
See “Entry, Exit & Visa requirements”
Work Permits – KITAS – How to get a work permit in Indonesia
KITAS – How to get a work permit in Indonesia
check here – Indonesia Travel
Indonesia Ministry of travel site describing Visa Free Facilities,
Telecom/IT – Information Technology in Indonesia
Indonesia’s geography, with over 17,000 islands, makes the creation of a cable/digital infrastructure difficult and costly. Fixed line networks are concentrated in major cities, which results in low broadband Internet usage in households in remote areas.
Getting around Indonesia on local transport
Information on all forms of public transportation
Infrastructure Development in Indonesia – Analysis
One particular subject of the Indonesian economy that has been hampering Indonesia’s economic and social development is the lack of quality and quantity of its infrastructure.
Telecom/IT – Indonesia – Major Telecommunications Operators
An overview of the major telecom operators in Indonesia
Labor Rules and Regulations – Indonesia Labor Law
This site includes information on minimum wage, definite and indefinite employment agreements and collective bargaining
Labor Rules and Regulations – Portal Nasional RI – Ministry of Manpower
Ministry of Manpower and Transmigration Republic of Indonesia
Social Insurance – INDONESIA – Swiss Life
The compulsory requirement to join the new social security scheme BPJS applies to all employees, including expatriates who have been working in Indonesia for more than 6 months.
Social Insurance – Indonesia – Social Security
Social Security Programs Throughout the World: Asia and the Pacific, 2010
Cost of Living in Jakarta. Updated Prices Jan 2016.
Cost of living in Jakarta, indonesia
Business Etiquette – Indonesia – International Business Etiquette
The dos and don’ts of business etiquette in Indonesia
Business Etiquette – Indonesia – Language, Culture, Customs and Business
Indonesia – Language, Culture, Customs and Business Etiquette
Safety – Indonesia – US Department of State
Go to “Safety and Security”
Cost of Living in Indonesia
Cost of living information includes price indices for rent, food, utilities, transportation, restaurants, clothing and more
Safety – Travel Indonesia → Terror Threats – World Nomads
Indonesia, an exotic destination with a long and fascinating history, brimming with adventure, loaded with destinations to lure the traveler and simultaneously potentially one of the most dangerous places for Westerners.
Climate of the World: Indonesia
The main variable of Indonesia’s climate is not temperature or air pressure, but rainfall. Split by the equator, indonesia has an almost entirely tropical climate, with the coastal plains averaging 28°C, the inland and mountain areas averaging 26°C, and the higher mountain regions, 23°C. The area’s relative humidity is quite high, and ranges between 70 and 90 percent.
Climate – Indonesia – average, annual, temperature
Straddling the equator, Indonesia has a tropical climate characterized by heavy rainfall, high humidity, high temperature, and low winds.
Education – Schooling & Education | Indonesia
Education in Indonesia is compulsory under Government Regulations for children aged seven to fifteen. State (public) education is free at elementary school level. Education is also available in fee-paying private schools, which include religion-based schools, international schools and national-plus schools.
Education – Indonesia Education System – Classbase
Description of the Indonesian Educations System including ages and school descriptions.
Holidays and observances in Indonesia
Schedule of public and joint holidays
Holidays in Indonesia in 2016 | Office Holidays
public and Office Holidays in Indonesia
Demographics – Indonesia Demographics Profile
Demographic information includes population, quality of life, health, sports, technology, energy and the environment
Demographics – Indonesia Population 2015
Indonesia has more than 300 distinct ethnic and linguistic groups, although the largest and most dominant in terms of politics are the Javanese at 42% of the population.
Listing of free, prohibited and restricted IMPORTS.
Customs and Export License
In EXPORT activities, there are things that need to be considered carefully. These include export taxes, licensing, prohibitions and customs regulations from Indonesia
Indonesia – Trade – European Commission
Indonesia is the largest economy in the Association of South-Asian Nations (ASEAN) representing 40% of its GDP and population (244 million inhabitants).
Housing and Rentals
Indonesia Hotels, Hostels & Accommodation
Accommodation in Indonesia ranges from a basic box with a mattress to the finest five-star luxury resorts. Costs vary considerably across the archipelago, but in general Indonesia is one of the better bargains in Southeast Asia.
indonesia apts/housing for rent – craigslist
Listing of houses and apartments for rent or lease in Jakarta.
Indonesia – Lonely Planet
A guide to travel and sites in top destinations in Indonesia
Wonderful Indonesia-Official Indonesia Tourism and Travel
Indonesia.travel is the gateway that will take you to the spellbinding wonders that lie within the Indonesian archipelago.
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