At some points, people think that register business in Indonesia is complicated. There are some requirements that must be fulfilled. Not to mention the Negative Investment List that includes some potential business. However, Indonesia is a perfect place to invest some money and to set up the business.
If you still hesitate to register business in Indonesia, here are some reasons why you shall register business in Indonesia:
Easy to access the land ownership
Some countries apply strict rules for the foreigners to obtain the land. However, Indonesia is not one of them. Based on the government regulation no. 103/2015, foreigners have three rights in acquiring the property. First is the right to build. Second is right to use, and the third is right of cultivation.
The high purchase power of the middle class
Indonesia has the fourth biggest middle class. Moreover, those who belong to the middle-class have the income of more than USD 3600 per year. The middle-class people also love to update their lifestyle and follow the trend. With the excellent marketing, a product can be so interesting to them and encourage them to buy it.
Open to Foreign Culture and Product
Despite bad news from Indonesia regarding the political issues and religion, in fact, Indonesian people welcome the foreign people and culture very well. They are very curious about what foreign people do, and they love to try the culture of foreigners.
Thus, presenting the new foreign products to Indonesia is a good idea. They will curious about it, and they surely will try it. Moreover, if the product can support their lifestyle or can facilitate their daily activities. You may see how long the queue was when Nike made a big discount event in Grand Indonesia last year.
Country with diversity
Indonesia is a multicultural country with high diversity. Maybe, you won’t find other countries with the uniqueness like this. You can travel to other provinces in Indonesia and find like you already going to the different country.
Indonesia’s diversity somewhat can lead to the problem (especially when it comes to politic matters). However, it can be an excellent business opportunity. The diversity of people means the diversity of the needs and wants. Thus, you can sell anything in Indonesia. You only have to understand your market. Do you want to attract the modern youths at Jakarta? Or do you want to attrack traditional-minded people in another province? You decide.
The Transparency of Bureaucracy
Thanks to the development of the internet and the development of internet-savvy generation in Indonesia, the bureaucracy in Indonesia is getting more better and better. In the past time, foreigners tend to find some difficulties when registering the business. They will crash into the bureaucracy and also the corruption. That is why only big corporates that easily opened the business in Indonesia.
Right now, to register business in Indonesia is somewhat easy and simple. The Indonesian Investment Coordinating Board has already had the opened culture and provide one-stop service for registering the business. The Corruption Eradication Commission (KPK) also has the high commitment to fight against corruption in Indonesia. That is why many people are afraid to do the corruption, due to the massive movement from KPK.
So, if you want to be appreciated and get high profit in your business, Indonesia is an excellent country to choose. The vibrant nuance in Indonesia will make you feel more opt8mistix to register business in Indonesia. And to make your business more successful, never forget to make high engagement with Indonesian people. Because, once you touch their heart, they will support you always.