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.
The requirements related to setting up an investment fund in Indonesia will depend on the type of fund and the structure used to create it. All types of investment funds can be created as limited liability companies or as collective investment contracts.
Among the tourism facilities which have important profits on an annual basis are Indonesian hotels. This is one of the reasons for which many foreign citizens move to Indonesia to start businesses in tourism.
Healthcare is one of the largest industries in Indonesia which is why it is also one of the most appealing economic sectors having a great contribution to the country’s Gross Domestic Product.
Opening a FMCG company in Indonesia implies registering a company with the Investment Coordinating Board (BKPM) when it comes to foreign investors.
Those who want to open companies in the construction sector in Indonesia must pay attention to the legislation in this field. Foreign investors are subject to specific requirements if they want to open construction businesses in Indonesia.
Foreign investors who want to operate in Indonesia are allowed to explore the possibilities offered by the agricultural industry. In order to be allowed to operate businesses in agriculture, foreign citizens must register a company with the Indonesian Trade Register.
Foreign investors are allowed to operate in the energy sector by opening limited liability companies with foreign ownership. They need to submit an investment plan with the Investment Coordinating Board and then apply for an energy supply business license.
Foreign entrepreneurs can open companies in various Indonesian economic sectors, one of the best-regulated ones being the financial industry. Indonesia is one of the most advanced Southeast Asian states in terms of financial technology, best known as fintech.