Doing Business Guide: Indonesia offers the potential investor a valuable overview of Indonesia's economic climate, business opportunities, and the legal and tax environment.
Opportunities for investment in Indonesia are abound. Traditionally, the greatest opportunities have been in the mineral, plantation, and timber sectors and in manufacturing activities that benefit significantly from low labor costs. Today, foreign investment attention is shifting toward the comparatively underdeveloped financial services sector, the chemicals industry, and tourism.
The book's twenty-five chapters give basic information about the islands, government policy, incentives to attract investment, regulation of business in general and foreign investment in particular, availability of financing, the caliber of the workforce, and the costs of labor. All aspects of Indonesian taxation are outlined in some detail, and a summary of accounting and audit requirements and practices is provided.
Appendices include, among other things, tax rates, an illustrative corporate tax calculation, and a list of countries with which Indonesia has concluded tax treaties and the applicable withholding tax rates. Useful checklists highlight important questions to be considered by potential investors and their accounting and legal advisers.
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