Business Expansion
made easy.

Why Indonesia?

As Southeast Asia's largest economy and the world's fourth most populous country, Indonesia is quickly becoming a favourite destination for business leaders looking to expand in the region. Besides its steady rate of over 5% GDP growth, Indonesia's pro-business government has made great strides in its commitment to improving governance and infrastructure throughout the country.

The last several years have brought a significant boom to the Indonesian economy, placing it among the top investment climates in Southeast Asia. A large domestic market of growing middle-class consumers, highly competitive labor costs and an established export-oriented manufacturing sector make Indonesia an attractive choice for investors looking to expand their operations. 

Indonesia’s leaders continue to take steps to expedite foreign direct investment (FDI) reforms, cut red-tape for prospective foreign investors and improve the county’s infrastructure.

Indonesia is one of the world’s largest suppliers of rubber, coffee, cocoa, and palm oil.

The industries attracting the most FDI:

  • Electronics
  • Machinery & equipment
  • Pharmaceuticals
  • Automotive
  • Chemicals
  • Textiles, apparel & footwear
  • Mining, oil & gas
  • Plantations

Reasons to do business in Indonesia include:

  • Population exceeding 275 million people
  • Fast-growing middle class
  • Favorable demographics
  • Strong economic outlook
  • Steadily improving business environment
  • Expanding infrastructure
  • Diverse industry opportunities
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Doing Business in Indonesia

As in most countries, Indonesia has its own unique business and cultural traits that shape a company’s experience in the country. To make business expansion easier, it is important to utilise a qualified local consultant to help you navigate through the many Indonesian taxation and regulatory requirements:

  • Corporate and personal income tax considerations
  • Foreign investments requirements and limitations
  • Understanding the Company Law and the many licensing requirements
  • Tax and customs guidelines
  • Manpower regulation compliance
  • Work visa policies

Planning to set up or further expand in Indonesia? Download our Indonesia business expansion guide to learn more.

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How Tricor can help in Indonesia

In Indonesia, Tricor provides clients with local expertise in payroll, accounting, tax compliance and corporate secretarial functions, as well as merger, acquisition, restructuring and divestiture planning and advice. We offer comprehensive services that leverage the latest technology solution to manage all of your business processes.

We have extensive experience assisting foreign companies to establish operations in Indonesia in a tax efficient manner and to develop comprehensive business plans. 80% of our clients in Indonesia are MNCs with headquarters that span multiple countries in ASEAN, APAC and around the globe.

As the leading business expansion specialist in Asia, Tricor provides the building blocks for, and catalyzes every stage of your business growth.

Whether you are looking to set up operations in Indonesia or scale your current operations, Tricor can help.

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Tricor Services in Indonesia

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