Indonesia’s economy maintained a steady momentum in the third quarter of 2025, expanding 5.04% year-on-year, a slight moderation from the 5.12% recorded in Q2 but still outpacing many Asia-Pacific peers. Statistics Indonesia (BPS) attributes this performance to resilient domestic demand and a rebound in export activity amid ongoing global uncertainty. Nominal GDP reached IDR 6,060 […]

Understanding the Trade Business License (SIUP), NIB, and Compliance Requirements for PT PMA When doing business in Indonesia, among the key business permits you must know is SIUP (Surat Izin Usaha Perdagangan) or the Trade Business License required for companies engaged in selling goods or services. Although regulatory reforms have streamlined permits through the OSS-RBA […]

In today’s global investment environment, risk-based regulatory systems have become a critical foundation for attracting sustainable capital, improving ease of doing business, and enhancing compliance. International markets are increasingly adopting risk-proportionate licensing standards that allow low-risk enterprises to operate more efficiently while ensuring stronger oversight for higher-risk sectors. This modern approach supports innovation, accelerates market […]

On 2 October 2025, Indonesia’s Investment Coordinating Board (BKPM) formally issued Regulation No. 5 of 2025 (Reg 5/2025), ushering in major changes to foreign investment rules and business licensing via the Online Single Submission (OSS) system. Among the headline changes: the minimum paid-up capital for foreign-owned companies (PT PMA) has been cut from IDR 10 […]

The tax system in Indonesia can be complex for new investors, expatriates, and entrepreneurs. Taxation in Indonesia is primarily governed by Tax Law No. 7 of 2021 on Harmonisation of Tax Regulations (UU HPP), which consolidates various tax laws including income tax, VAT, and other general procedures. The system operates under a self-assessment principle, where […]

A company’s directors are its strategic anchors, guiding its long-term direction, ensuring compliance with laws, and safeguarding shareholder interests. In Indonesia, where regulations are evolving and corporate governance standards are tightening, the role of a director extends beyond boardroom decisions. It involves daily management, financial accountability, and ensuring the company aligns with national regulations and […]