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Foreign investment in Indonesia’s e-commerce sector

To focus on the development of e-commerce potential of the country, the Indonesian government recently opened up the sector for foreign investment. In 2016, through the Presidential Decree No. 44/2016,…

Pajak

Risiko Perpajakan atas Penutupan Perseroan Terbatas

Sebuah Perseroan Terbatas (“PT”) secara resmi didirikan berdasarkan akta pendirian yang diterbikan oleh notaris dan disahkan oleh Surat Keputusan Menteri Hukum dan Hak Asasi Manusia. Keberadaan PT ini akan terus…

Financial-Technology

Hati hati Fintech Ilegal

Industri fintech merupakan bagian dari ekonomi digital atau industri 4.0. Transaksi, melakukan pinjaman uang tanpa tatap muka, gerakan non-tunai  adalah hasil dari industri fintech yang berkembang pesat. Namun, di tengah…

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Representative Offices in Indonesia in a Nutshell

A foreign investor could set up a Representative Office to study the market for a maximum period of 5 years. Foreign Representative Office is an office incorporated by an overseas…

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Facebook to Open Limited Liability Company in Indonesia

Leading American online social media and social networking service Facebook will open a permanent business entity (a foreign limited liability company, in Indonesian: Perseroan Terbatas Penanaman Modal Asing, or PT…

Investment Coordinating Board (BKPM) head Thomas “Tom” Lembong (left) listens to Trade Minister Enggartiasto Lukita during the BKPM National Coordination Meeting in Nusa Dua, Bali, on Friday. (Antara/Nyoman Budhiana)

BKPM to standardize investment procedures, forms

The Investment Coordinating Board (BKPM) plans to create one-size-fits-all standards to better serve potential investors across the country, in response to complaints about different registration forms and procedures in various…