President: New Capital City The First Of Its Kind

Deloitte Legal compiled this guide for Legal 500, providing an overview of the laws and regulations on doing business in a variety of jurisdictions. The following country chapter contains the relevant information on the systems of law, the legal forms through which people carry out business, capital requirements, how entities are operated and managed, expansion possibilities, corporate governance, employment law and more.

Foreign investment continues to play an important role in Indonesia’s economic growth and to facilitate this the government is committed to improve competitiveness and the investment climate for foreigners. This Foreign Investment Guidebook, published by the Investment Coordinating Board (BKPM) tells you all you need to know about procedures, legalities and taxation.

This is a list of major banks in Indonesia. There are 120-commercial banks in Indonesia (4-state owned banks and 117-private banks). Two of the state owned banks have Islamic banking units. Of the 26-government regional banks, 15 have Islamic banking units, while of 86-private national banks, 7 have Islamic banking unit, and there are 5-Islamic commercial banks.

Indonesia Banking Directory (DPI) is an annual media publication that presents an overview of principal data of Commercial Banks (include Sharia Banks) but does not include Rural Banks. The principal data of Commercial Banks that is presented in DPI contains information of legal entity, shareholder structure, and management structure of each bank.

As a part of efforts to improve investment services, BKPM took an initiative to publish “Frequently Asked Questions (FAQ) in an Investment in Indonesia” book. This book compiles answers for both new and existing investors regarding investment licensing procedures, incentives, regulations, labours, and cost of doing business in Indonesia.

The Indonesian Investment Coordinating Board (BKPM) have laid out five easy steps for anyone interested in investing in Indonesia beginning with understanding the general investment climate; understanding your planned investment activity; choosing a location; understanding licensing procedures; and finalizing your Business Plan.