Indonesia, especially Bali, attracts entrepreneurs from around the world due to its economic potential, affordable cost of living, and promising market. However, starting a business in this country can be a complicated process if local laws and regulations are not taken into account. In this article, we will discuss the most common mistakes made by foreigners when opening a business in Indonesia and provide tips on how to avoid them.
Mistake 1: choosing the wrong type of company
Many entrepreneurs underestimate the importance of selecting the right business structure. For foreign investors, the most suitable option is PT PMA (a foreign investment company). However, some try to open a business through a local partner or by using temporary schemes, which often lead to legal issues.
How to avoid it? Consult with professionals who can help you properly set up a PT PMA in accordance with all laws. At Easy Visa, you will receive a detailed consultation and step-by-step assistance.
Mistake 2: underestimating bureaucracy
Indonesian bureaucracy can be complex and unpredictable. Incorrectly filled-out documents, missed deadlines, or lack of knowledge about the requirements can slow down the registration process.
How to avoid it? Trust professionals to handle your documentation. Our Easy Visa team will take care of all the legal details, allowing you to focus on launching your business.
Mistake 3: ignoring cultural differences
Building a business in Indonesia requires a deep understanding of local culture and business ethics. Ignoring these aspects can lead to distrust from local partners and clients.
How to avoid it? Study Indonesian culture and laws. At Easy Visa, we will help you establish connections with local experts and offer advice on building effective communication.
Mistake 4: poor financial management
Some entrepreneurs forget to account for taxes, licenses, and other costs related to business registration and management. This can result in financial losses and penalties.
How to avoid it? Develop a detailed business plan that accounts for all expenses. We provide consultations on taxes and accounting to ensure your business remains profitable and legally compliant.
Mistake 5: not obtaining a long-term visa
Many foreigners start businesses without obtaining a long-term visa, which creates additional difficulties with legalizing their stay.
How to avoid it? Obtain a KITAS (work or investment visa) through your company. With Easy Visa, this process will be quick and simple, and you will receive a full range of services for comfortable living and working in Indonesia.
Starting a business in Indonesia is an exciting yet responsible adventure. Avoiding mistakes and speeding up the process can be achieved with the help of professionals. At Easy Visa, we provide support at every stage, from company registration to visa acquisition and accounting services. We will make your path to success smooth and safe.
Don’t risk your investments—turn to Easy Visa!
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