Foreign businesses should focus on Indonesia’s Company Law, which dictates the accounting standards companies should adhere to when preparing financial statements.
With Swiss investments already spreading across Southeast Asia, it comes as no surprise that Indonesia, a prominent member of ASEAN, has been a key focus for Swiss FDI.
Indonesia adopts a worldwide income taxation system, meaning that those considered tax residents pay tax on income they earn in Indonesia.
Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.
The Just Energy Transition Partnership (JETP) calls for renewable energy to comprise 34 percent of Indonesia’s power generation by 2030.
ASEAN Briefing outlines Indonesia’s public holidays for 2023. This is a comprehensive list of those holidays.
Indonesia will impose a bauxite export ban starting from June 2023, in a move to shore up the domestic processing of its mineral resources.
After 12 rounds of negotiations Vietnam and Indonesia have come to an agreement regarding their overlapping claims in the South China Sea.
The Indonesia-South Korea CEPA is set to take effect, after Indonesia’s parliament recently ratified the trade deal.
Indonesia has introduced new reforms on foreign employment visas through the introduction of the Omnibus Law, also known as Law No. 11 of 2020 on Job Creation.