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Blog Articles

Blog Articles

What is Nominee Shareholder? Is it safe in Indonesia?

by Trường Lăng on October 10, 2019
Definition of a nominee shareholder A nominee shareholder is a person or company that is the registered holder of shares of a company on behalf of the real owner. This means that their name appears on the share certificate and their personal details are logged on all public documentation in place of the actual shareholder. […]
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VAT-liable Company in Indonesia: What you need to know

by Trường Lăng on October 10, 2019
Value Added Tax (VAT) is a tax applied to most goods and services in the Indonesian Customs Area,  the tax applied to each production stage until the final product sales. Therefore, Indonesia VAT has impact on both end consumers and businesses. Through this article, we will answer the most frequently asked questions about VAT in […]
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Working hours in Indonesia: what foreign business needs to know!

by Trường Lăng on October 7, 2019
Important Labor Laws in Indonesia: What you need to know! Knowing labor laws in Indonesia is important before establishing a business in Indonesia. A comprehensive understanding of existing labor laws is important as any non-compliance will lead to problems with authorities. In this article, we will give you the guidelines for the crucial regulations regarding […]
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Facts about entity formats in Indonesia: PT PMA, PT local, and RO!

by Trường Lăng on September 28, 2019
Legal Entity Formats in Indonesia Do you want to conduct business in Indonesia? There are various options for setting up a legal entity. The most common format used by investors who want to enter the Indonesian market is a limited liability company (PMA). However, there are alternative ways that you can consider. Here are the […]
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Opening A Bank Account in Indonesia: We Make It Easy for You

by Trường Lăng on September 26, 2019
Opening A Bank Account in Indonesia: We Make It Easy for You Opening a bank account is one of the mandatory steps for every foreign company, the process of opening a bank account could be a little complex if you don’t understand the regulatory. In this article, we will break down the steps to open […]
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How is Indonesia’s Employment Culture?

by Trường Lăng on September 25, 2019
Asian businesspeople having a meeting Minimum Wage This is one of the most important things that you have to know. Minimum wage refers to the lowest monthly wage consisting of basic wage including fixed allowance. The employer is prohibited to pay lower wages than the Provincial Minimum Wage. Jakarta has a high minimum wage compared […]
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Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
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