Opening a local bank account is often a legal and operational necessity when establishing a business in another country, as it creates a distinct financial identity for the entity under that jurisdiction’s laws. Beyond compliance, a country-specific business account reduces friction and cost in daily operations. It enables seamless payments to local employees, landlords, and […]
Bali has introduced one of its most significant investment policy changes in recent years by restricting new Foreign Direct Investment (PMA) licences across 18 business sectors. The move, implemented through Indonesia’s Online Single Submission Risk-Based Approach (OSS RBA) system, reflects the provincial government’s commitment to strengthening local micro, small, and medium-sized enterprises (MSMEs) while encouraging […]
Indonesia offers a wide range of visas in Indonesia to accommodate foreign nationals travelling for business, investment, and specialised professional activities. For short-term assignments that do not constitute regular employment, the Single Entry Business Visa provides a practical solution for a foreigner visiting Indonesia to perform specific industry-related activities. It is equally important to understand […]
Indonesia has taken another significant step towards becoming a leading investment destination in Asia following the approval of legislation establishing the Indonesia International Financial Centre (Pusat Finansial Indonesia Internasional/PFII). Alongside introducing one of the country’s most attractive tax incentive packages, the new law places the Indonesia Golden Visa programme at the centre of the government’s […]
Foreign nationals considering Indonesian citizenship will soon face a revised fee structure after the Government introduced new regulations governing naturalisation applications. While the changes primarily affect citizenship applicants, they also serve as a timely reminder that Indonesian citizenship is only one of several pathways available for foreigners planning a long-term future in Indonesia. The Indonesian […]
The restaurant business is one of the sectors that have the potential to grow in Indonesia, especially in big cities such as Jakarta and Bali. The McKinsey Global Institute stated that 90 million new Indonesians are likely to join the consuming class, making it as big as about 135 million by 2030. This will significantly […]
