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Enricko Lukman Β· Β· 2 min read

Setting up a company in Indonesia could get a lot easier

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Credit: Flickr user Judhi Prasetyo

One of the biggest pain points in operating a company in Indonesia is the long and winding bureaucratic process to set it up in the first place. Fortunately, Indonesia’s Ministry of Administrative Reform and Bereaucratic Reform (Kemenpan RB) announced today via RRI that registering a company in Indonesia – which needed about 53 days – has now been slashed to only six days (theoretically).

The six days timeframe involves an online submission to build an Indonesian company at the Law and Human Rights Ministry, getting the License for the Operation of Trading Businesses (SIUP) and company registration (TDP) at the Trade Ministry, filing for a workforce permit at ManPower and Transmigration Ministry, and applying to participate at the Social Security Management Agency (BPJS).

See: How to cope with Indonesia’s murky business culture

In addition to all that, Kemenpan RB explains that the Indonesian government has also made improvements in other areas. These include setting up electricity, filing for land and building ownership, applying for building permits, paying tax and insurance premiums, settling civil lawsuits, bankruptcy issues, and business related disputes.

It’s definitely good news for anyone who’s looking to build a presence in Indonesia. Besides that, the Indonesian government is working on a few online tools like Lapor – an etool to let citizens report on misbehaving government officials – and Satu Layanan – an online directory for all government services.

Recently India also sped up the patent filing process using the internet.

Editing by Terence Lee

(And yes, we’re serious about ethics and transparency. More information here.)

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Enricko Lukman

As COO at Content Collision, Enricko can help produce meaningful content for your firm. Some of the clients he's working with include Evercoss, Ideosource, and Thomson Reuters.