Indonesia

Despite a 6.7% contraction in net exports in 2012, the value of Indonesia’s trade has expanded significantly over the past decade, with a doubling of exports between 2006 and 2011 to $203.50bn. Rising demand from Asian markets for Indonesia’s key commodity outputs has spurred a redirection of trade. Yet, with most foreign direct investment flowing to sectors linked to consumption, trade has been...

With a population of approximately 247m made up of more than 300 different ethnic groups, Indonesia is the third-largest democracy in the world while also being the world’s most populous Muslim nation. The country has a total land mass of 1,904,569 sq km, spread over an archipelago of around 17,508 islands, some 6,000 of which are inhabited. Jakarta is the country’s most populated city, with more...

This chapter includes useful information for business and leisure visitors, including accommodation options and unique activities that may be of interest to visitors, such as ecotourism. It also contains information vital to visitors, including transport, visa requirements, currency, and tips for maintaining good health and respecting local customs while experiencing Indonesia.

This chapter features an outline of the various government regulations and laws that govern business in Indonesia. Included is information about public-private partnership regulations, business permits, cooperation agreements, and definitions, objectives, scope, method of execution and form of cooperation. This chapter contains a viewpoint from Todung Mulya Lubis, Senior Partner, Lubis, Santosa...

The Indonesia tax system continues to evolve, but, for several years, has been mainly based on three primary tax laws – the General Tax Provisions and Procedures Law, the Income Tax Law, and Luxury Sales Tax Law. These tax laws are routinely amended to accommodate the rapidly changing business environment and to support the government objectives of improving the investment climate while...