10 Reasons to Invest in Indonesia: #9

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Ease of Doing Business in Indonesia
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In a recent post published in Mekar, Thierry Sanders highlighted the top 10 reasons to invest in Indonesia.

Here’s a snapshot of his Reason #9 – Growing ease of doing business and better regulations for foreign investors

  • Indonesia has climbed the ranks of the ‘Doing Business Database’ and is now ranked at #73 out of #190 countries.
  • Indonesia scores well in getting credit, getting electricity, protecting minority investors and resolving insolvency.
  • Unfortunately, it is still demanding to set up a business, enforcing contracts, getting permits, paying taxes, trading across borders and registering property.
  • Foreign investors will find the BKPM (Indonesian Investment Coordinating Board) a lot more welcoming today.

(UPDATE: Since Thierry Sanders first published his post, President Jokowi has centralized all licensing through BKPM. Read about it here.)

Read the other top reasons to invest in Indonesia by clicking on these links:

Reason #1
Reason #2
Reason #3
Reason #4
Reason #5
Reason #6
Reason #7
Reason #8
Reason #10

Source: Mekar/ Thierry Sanders

If you’re interested in investing in Indonesia and want to learn more about doing business in Indonesia get in touch with Seven Stones Indonesia (hello@sevenstonesindonesia.com)

#sevenstonesindonesia #businessindonesia #investindonesia #positiveimpact #businessincubator #socialenterprise #entrepreneur #businessecosystem #easeofdoingbusiness #BKPM #Mekar

 

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Andrzej Barski

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Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

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Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.