Indonesia’s Rp13,000 Trillion Investment Target: Opportunities for Businesses and Workforce Expansion
The Indonesian government has set an ambitious investment target of Rp13,032 trillion (approximately USD 860 billion) for the 2025–2029 period. This bold move signals a transformative vision for the nation’s economy, aiming to accelerate GDP growth to as high as...
Understanding Permenkumham No. 2/2025: New Rules for Beneficial Ownership Reporting in Indonesia
In an effort to strengthen transparency and combat financial crimes, the Indonesian Ministry of Law and Human Rights (Kementerian Hukum dan HAM or Kemenkumham) issued a new regulation—Permenkumham No. 2 of 2025. This regulation mandates updated procedures for Beneficial Ownership...
Understanding BPOM’s Role in Business Licensing: When Is BPOM Approval Required?
In Indonesia, the National Agency of Drug and Food Control (Badan Pengawas Obat dan Makanan – BPOM) plays a critical role in regulating the safety and quality of consumer goods, particularly food, beverages, drugs, traditional medicines, and cosmetics. For businesses...
Understanding KBLI Codes: The First Step to Registering a Company in Indonesia
Starting a business in Indonesia involves several essential steps, one of which is selecting the right KBLI code. KBLI, or Klasifikasi Baku Lapangan Usaha Indonesia, is the Standard Classification of Indonesian Business Fields used by the Indonesian government to categorize...
Employer of Record (EOR) in Indonesia: The Strategic Solution for Global Workforce Expansion
Expanding business operations internationally presents both exciting opportunities and significant challenges. One such challenge involves navigating the complex employment laws, administrative requirements, and cultural nuances of the host country. For companies looking to establish a presence in Indonesia, an Employer...
What Is a Nominee Structure and Should You Use One in Indonesia?
Setting up a company in Indonesia can be a strategic move for foreign investors, thanks to the country’s robust economic growth, young population, and expanding digital landscape. However, navigating local laws and regulations, especially those involving foreign ownership restrictions, can...
How PP No. 6/2025 Impacts Employers and Workforce Planning
The Indonesian government recently enacted Peraturan Pemerintah (PP) No. 6 Tahun 2025, a pivotal regulatory shift aimed at enhancing employee welfare, particularly for individuals impacted by layoffs, or Pemutusan Hubungan Kerja (PHK). Officially signed by President Prabowo on February 7,...
OJK’s Rp.12.5 Billion Equity Rule: What It Means for P2P Lending Platforms
The financial technology (fintech) landscape in Indonesia is rapidly evolving, driven by increasing digitalization and a growing demand for alternative financial solutions. As this sector continues to expand, regulatory bodies like the Otoritas Jasa Keuangan (OJK) play a pivotal role...
How Foreign Companies Can Hire in Indonesia Without a Local Entity
Expanding into Indonesia can be a highly attractive prospect for foreign companies. With a growing economy, a large and young workforce, and increasing consumer demand, Indonesia offers significant opportunities for businesses looking to tap into new markets. However, establishing a...
How Employer of Record Services Reduce Risks for Companies Expanding to Indonesia
Expanding into Indonesia offers incredible opportunities—from access to a young, dynamic workforce to tapping into a rapidly growing economy. However, navigating the complexities of local labor laws, compliance, and operational risks can be daunting for foreign companies. Employer of Record...