The Indonesian Company Law provides for different requirements for local and foreign investors who want to open companies here, including consulting businesses. For a foreign investor, the first important step is to choose the entity for the consulting company.
E-commerce is highly regulated in Indonesia, which is why starting such type of business here is very safe. Foreign entrepreneurs relocating to Indonesia can open various types of e-commerce companies which they can also fully own.
One of the best ways of setting up a company in Indonesia is to open an online shop which can reach every corner of the world. There are specific rules to respect when opening a company in Indonesia.
Foreign investors are welcome in opening catering companies in Indonesia under the special regulations imposed by the Investment Coordinating Board.
A foreign entrepreneur will be required to comply with the laws imposed by the Investment Coordinating Board, but also with industry-specific authorities, such is the case when opening a business in the jewelry industry in Indonesia.
The first step for opening a crowdfunding company in Indonesia is to register a company with the Companies Register. In the case of foreign investors, the company must also apply for an authorization with the Investment Coordinating Board.
Fintech is one of the industries registering a high growth rate in Indonesia in the last 5 years. With the government and the Central Bank of Indonesia supporting this industry, opening a fintech company in this country has become quite popular.
Those who plan on opening in the cryptocurrency industry in Indonesia will be allowed to complete activities such as digital token mining, the creation of digital wallets and the opening of cryptocurrency exchange platforms.
Opening a retail store in Indonesia is not difficult, however choosing the types of products to sell can be rather complicated, as the demand for various goods is quite high. Foreigners can open small or large shops in Indonesia.
Even if there is no law to provide for the creation of trusts in Indonesia, the local government does recognize international trusts. It is possible for both foreign and Indonesian citizens to create trusts in other jurisdictions.