What is Nominee Shareholder? Is it safe in Indonesia?
Definition of a nominee shareholder A nominee shareholder is a person or company that is the registered holder of shares of a company on behalf of the real owner. This means that their name appears on the share certificate and their personal details are logged on all public documentation in place of the actual shareholder. […]
Working hours in Indonesia: what foreign business needs to know!
Important Labor Laws in Indonesia: What you need to know! Knowing labor laws in Indonesia is important before establishing a business in Indonesia. A comprehensive understanding of existing labor laws is important as any non-compliance will lead to problems with authorities. In this article, we will give you the guidelines for the crucial regulations regarding […]
Establishing or expanding a franchise in Indonesia: What you need to know!
Due to the spending power of the Indonesian middle class, Indonesia is a good place to establish or expand a franchise. It is a safer alternative option to start your business.Although the demand for a franchise business is high, the franchising regulatory is still complex. Investors need to go through bureaucratic procedures. There are some […]
Business in Batam, Indonesia’s Free Trade Zone area
Batam is Indonesia’s first Special Economic Zone (SEZ). It locates on Straits of Melaka, the second busiest sea traffic in the world after the Strait of Hormuz in the Persian Gulf. Here are key benefits of doing business in Batam: Physical infrastructure in Batam is better than in the rest of Indonesia. It is easy […]
5 Important Points You Need to Know in Doing Business during Ramadhan time in Indonesia
Ramadhan is an important time in Indonesia. Ramadhan falls on April or May and ends after one month, but it is changing over the years. This month means the Holy Month where the Muslims do not eat, drink or smoke from dawn to dusk. This month affects business in Indonesia, there are 5 points that […]
How to apply for Vietnam Visa Online
Vietnam Visa Online Some nationalities need a visa in advance for all visits, some don't. As of January 2019, citizens from 24 countries actually have a visa exemption for 15 days. If your visit to Vietnam is brief, you may not need to bother with a visa at all! However, the list of exemptions can […]
Top 10 Challenges of Doing Business in Vietnam
10 Challenges of Doing Business in Vietnam Vietnam is an ideal place in Southeast Asia to expand business thanks to stable politics, favorable economic conditions, a young population and an increasing middle class. Vietnam is a country with a strong Vietnamese entrepreneurial spirit from boys and hotel luggage workers to businesses. These are very positive […]
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Initial Public Offering (IPO) in Vietnam - Legal Conditions
Conducting Initial Public Offering (IPO) in Vietnam 1. Definition and the Importance of Initial Public Offering Initial Public Offering (IPO) is the process by which a private corporation can go public by sale of its stocks to general public for the first time. The importance of Initial Public Offering (IPO): Most corporations always need a […]
Opening Restaurant in Vietnam - Business Guide
Business Guide: Opening Restaurant in Vietnam Opening restaurant in Vietnam, or coffee shop is not easy and it is an expensive process. The reality shows that a lot of restaurant owners have failed in their first year of doing business. Nevertheless, there are still many other successful restaurant owners as they had good preparation and […]
Establish Representative Office in Vietnam
A representative office is the presence for a foreign company in Vietnam. Representative office is intended to promote business opportunities,
Tax Summary in Indonesia
Tax Summary in Indonesia 1. Direct Tax - Corporate Income Tax Residence. Non-resident companies are those which are incorporated overseas, but receive or accrue income from Indonesia. Non-residents are obliged to register for tax purposes if they have a permanent establishment (PE) in the country. Representative Offices of foreign companies are required to register as […]
