As a businessman, knowing the situation in each country is a must before deciding to set up a company branch. Indonesia is one of the promising countries to build a business. The grow of the investment amount in Indonesia is increasing year by year. If you have a plan to expand your business, doing business in Indonesia is one of the wise choices. However, as a foreigner who wants to do business in Indonesia must know the research market as the first step. Talking about doing research market in Indonesia, maybe some of you have a question. Should foreign businessmen set up a business entity? What kind of business entity that should be built? Is the business entity should be in the form of Limited Liability Company? Following we will discuss doing market research in Indonesia.
Representative Office as Market Research
The answer to do market research in Indonesia is by setting up a Representative Office. Representative Office in Indonesia usually called KPPA. KPPA is the abbreviation of Kantor Perwakilan Perusahaan Asing. By setting up a Representative Office, every foreign investor will be able to do the research market for their company needs. The legal basis of Foreign Representative Office is Regulation of Investment Coordinating Board of Indonesian Number 6 the Year 2018. As mentioned previously, the purpose of a representative office is for market research. Therefore, its activity is limited only as a supervisor, liaison, coordinator. And also as management of the interests of the company or its affiliated companies in Indonesia. Also important to know that the location Representative Office is only allowed at the capital city of Indonesia. For example, in Java Island, there are five capital cities of Indonesian province. Those cities namely Jakarta, Bandung, Surabaya, Semarang, and Yogyakarta. When you decide to set up a Representative Office, do not forget to appoint one chief. The chief will responsible for your Foreign Representative Office.
Should you have a plan to set up a Foreign Representative Office in Indonesia, Indo-Ned Consultancy will be able to assist you. As glance information, the requirements for establishing Foreign Representative Office can be a check on this link: https://www.indo-ned.com/kppa/.
Assistance to set up Representative Office
Indo-Ned Consultancy provides you assistance to realize your plan. We can arrange an appointment or Skype Meeting with our legal staff. Our staff speaks in Bahasa Indonesia, English and Netherlands. We are available to meet you at our office at Istana Kuta Galeria, Patih Jelantik Street PM 1 Number 21 Bali. And also at Graha Mobilekom Building, Raden Saleh Raya Street Number 53, Jakarta. Should you want to make an appointment with us, kindly contact us via email at firstname.lastname@example.org or send a message to our WhatsApp number on 082 161 88 1767. Visit our website on www.indo-ned.com for further information.