Indonesia
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% annual 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 labour 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
New call-to-action

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.

Doing Business in APAC Region

How Tricor can help in Indonesia

Tricor Indonesia is based in Jakarta. In 2021, Tricor fully acquired PT ASA Indonesia, a professional services provider delivering outsourcing and advisory.

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 looking to establish operations in Indonesia in a tax efficient manner. We also help develop comprehensive business plans. In Indonesia, 80% of our clients are MNCs with headquarters that span multiple countries across ASEAN, APAC and 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.

Download our service brochures:

Learn more about Tricor in Indonesia

Contact Us

 

ASEAN Business Guide 2022

Tricor Services in Indonesia

Related Blog Posts

Government Regulation No. 58 Year 2023 - Rate of Withholding Income Tax Article 21

Jan 9, 2024

Single Identification Number to Replace Tax ID Number (With Guidance Materials)

Jan 9, 2024

Single Identification Number to Replace Tax ID Number

Oct 31, 2023