If companies are levied the corporate tax and individuals the personal income tax, which are direct taxes, there are also indirect levies among which the value added tax (VAT) or the goods and services tax (GST) is the most important one.
One of the most lucrative business ideas in Indonesia is setting up a company in the textiles industry, especially when it comes to selling textiles products.
Those who plan on setting up a company for selling coffee, tea and spices in Indonesia will need to complete the regular business registration procedure followed by obtaining certain licenses.
The Indonesian residence permit can be issued for a limited duration or permanent stay; however, the procedure is different in accordance with the reason for moving here.
In order to work in Indonesia, a foreign citizen must respect several conditions and apply for a work permit. The process of obtaining a work permit for a foreign employee must be initiated by the Indonesian employer.
There are various requirements which need to be respected when opening a business for selling food, beverages and tobacco in Indonesia, especially for foreign investors who need to comply with specific business regulations.
Starting a business for the sale of motor vehicles in Indonesia can be quite profitable considering the country does not rely on a motor vehicle producing industry.
Those interested in opening businesses in large economic sectors can establish companies on energy and air conditioning supply in Indonesia, which imply smaller investment and the possibility of fully own a local company when it comes to foreign businesspersons.
The ship repair and maintenance branch is part of the maritime industry in Indonesia, which is one of the most developed and promoted economic sectors of the country.
The best way of setting up a business in tourism in Indonesia is by opening a HORECA company which offers multiple services, such as accommodation and foods establishments.