Skip to main content

Posts

Showing posts from August, 2015

Starting A Business in Southeast Asia: Indonesia

Population: 250 million
Pros: third largest market in Asia outside of China and India, business is very much about relationship
Cons: lack of legal certainty and rules, a “yes” is not automatically affirmative
What to expected: vibrant cities with a lot of traffic A huge market with 250 million population, Indonesia is a the third largest market in Asia outside of China and India in term of size and potential. You don’t have to be the smartest guy to run a successful business in this country. You just need to have an idea and run with it since there is a 250 million “potential customers” waiting for your products and services. Doing business in Indonesia, however, is not without challenge. Because of the lack of legal certainty and rules, you almost need to be a lawyer or an accountant, or have one you can trust by your side.
If you are eager to open a new business but don’t know where to start, this article will provide you a detailed summary of legal procedure for registering a new busi…