You asked: What business should I start in Indonesia?

What is the most profitable business in Indonesia?

5 Most Profitable Industries in Indonesia Every New Entrepreneur Should Dive Into

  • Manufacturing. …
  • Leisure and Tourism. …
  • Mining and Energy. …
  • Infrastructure. …
  • Maritime, Shipping, and Ports Industry. …
  • How Cekindo can Assist You in Starting a Business in Indonesia.

What is the best business to do in Indonesia?

Top 4 Business Opportunities in Indonesia for Foreigners in 2021

  1. Travel Agency. With over 17,000 islands in Indonesia, the country offers diverse landscapes and purposes to augment global visitors’ traveling experience. …
  2. Manufacturing. …
  3. Construction. …
  4. E-Commerce.

What business I can start in Indonesia?

What business opportunities to do you see emerging in Indonesia right now?

  • Internet. Indonesia is #1 or #2 largest Facebook and Twitter users. …
  • Mobile. …
  • Food & Beverage. …
  • Insurance. …
  • Stocks. …
  • E-Commerce.

Is it good to start a business in Indonesia?

It also has one of the strongest investor protections in the world, which makes it a good option if you were intending to enter into a partnership with a local. Starting a business in Indonesia is not for the faint of heart, but is still a country that offers tons of opportunities for savvy investors with a plan.

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What is the main business in Indonesia?

Major industrial sectors include petroleum and natural gas, textiles and apparel, mining, footwear, plywood, rubber and chemical fertilisers. The services sector is equally as important to Indonesia’s economy, accounting for 43 per cent of GDP in 2015. Agriculture on the other hand only accounted for 14 per cent.

How can I start a small business in Indonesia?

The following documents must be submitted to BKPM to start a foreign company PT PMA in Indonesia:

  1. Principle license and business license.
  2. Domicile letter.
  3. Deed of establishment.
  4. Approval of Business Registration Number (NIB)
  5. Tax identification number (NPWP)
  6. Taxable entrepreneur confirmation (PKP)

How can I open a franchise in Indonesia?

Approach the Ministry of Trade and register for the Prospect of Offer, which must be in Indonesian and legalized by a public notary and Indonesian Embassy where the franchisor is located. Provide franchising agreement.

Can a foreigner start a business in Indonesia?

Foreigners can either set up a limited liability company which is 100% foreign owned or a limited liability company through a joint venture with Indonesian partners.

How much does it cost to start a business in Indonesia?

Indonesia company set up costs in Year 1 amount to US$4,250 and annual company costs in Year 2 and thereafter amount to US$2,300. The average total fees per Indonesia company formation engagement amounts to US$19,440 includes company set up, company secretary, Government registrations and corporate bank account.

Can a foreigner do business in Indonesia?

For foreign investors to run a successful business in Indonesia, a legal entity known as foreign-owned company, or PT PMA must be established. Alternatively, foreigners can opt for representative offices or Special Purpose Vehicle (SPV).

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