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Posts by adminbpl

An Investment in Indonesia: Benefits Given by the Government

An Investment in Indonesia: Benefits Given by the Government An investment is a form of business to get profit in the future, or specifically in Indonesia, an investment or more known by a capital investment, as regulated under Law No. 25/2007 about Capital Investment, is all form of capital investments by local investor or foreign…

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LIST OF SPECIAL ECONOMIC ZONES IN INDONESIA

LIST OF SPECIAL ECONOMIC ZONES IN INDONESIA

LIST OF SPECIAL ECONOMIC ZONES IN INDONESIA Special Economic Zones are areas within certain boundaries that have geo-economic and geo-strategic advantages which located inside of a country. Special Economic Zone first appeared in the late 1950s in Shannon Airport in Claire, Ireland. One of the main purposes of Special Economic Zone is to attract investors…

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WHAT DOES ESOP MEAN?

WHAT DOES ESOP MEAN?

WHAT DOES ESOP MEAN? Employee Stock Option Program (ESOP) is a program that provides the employees a right to be shareholders of their own company. It is possible for the employees to be the shareholders since the main aim of this program is giving incentive for the employees by giving the share of the company.…

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The Latest Rules for Granting Visas to Chinese Citizens due to COVID-19

The Latest Rules for Granting Visas to Chinese Citizens due to COVID-19

The Latest Rules for Granting Visas to Chinese Citizens due to COVID-19 Applicants must attach a Covid-19-free healthy statement. Covid-19 or coronavirus first appeared and began to spread in Wuhan City, China in December. But now its spread is increasingly widespread, in Indonesia alone there have been two people who tested positive for corona on…

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Steps that You Need to Do after Knowing Recently Regulated Beneficial Ownership

Steps that You Need to Do after Knowing Recently Regulated Beneficial Ownership

Here are some steps that every business doer needs to do to comply with provisions regarding beneficial ownership. Following the steps of several countries that fight against cash flow from corporate fields into corruptions, money launderings, or terrorism funding, Indonesia has recently regulated the principal of beneficial ownership to combat crimes relating to corporations. In…

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These are the Requirements for Becoming a Peer to Peer Lending Provider in Indonesia

These are the Requirements for Becoming a Peer to Peer Lending Provider in Indonesia Borrowing and lending money directly by either written or unwritten agreements is a longstanding practice amidst society. This practice certainly persists because it is one way to obtain funds quickly that cannot be provided by financial service institutions in the Banking,…

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Business Actors Need To Know the Difference Between Trademarks and Patents

Business Doers Need To Know the Difference Between Trademarks and Patents

Business Actors Need To Know the Difference Between Trademarks and Patents Business actors often mention “Patent a Trademark”, apparently this term is not quite right because trademarks and patents are two different things. In some cases, business actors are still confused about determining the right intellectual property that has to be registered for their products.…

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Procedures To Establish A Foreign Company In Indonesia

Procedures To Establish A Foreign Company In Indonesia

Procedures To Establish A Foreign Company In Indonesia A foreign company (or PT Penanaman Modal Asing, hereinafter “PT PMA”) is a distinct business entity to generate revenues, profit, or engage in sales directly in Indonesia which can be established by either foreign citizens or legal entities. This entity is regulated generally under the Legislation No.…

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