Yearly Archives: 2023

PRIME Consultancy brings plenty of crucial experience to the table when foreign investors assign us for setting up their business in Indonesia. We can help and support investors with our vast expertise and inside-out knowledge in any stage of a company establishment. It is a pity that company establishments in Indonesian still face severe struggles and severe bureaucratic hurdles despite all frequently report efforts of the government about trying to ease regulations and simplifying investment processes. Besides the Online Single Submission system (OSS) nothing much was implemented so far and therefore a thorough conventional approach is more than ever before needed. Still, many details about a new entity need to be decided and declared right from the beginning. Plenty of documents of the designated shareholders…

Introducing a foreign company or product to new markets naturally goes along with significant time spent and capital commitment. Establishing a company (e.g. PT PMA) or representative offices for trading (e.g. KP3A) is not necessarily the swiftest market entry strategy. Instead and perhaps as an interim solution appointing a business partner as sales agent who can represent companies could be considered. However, there are four areas for careful consideration.Testing the market: Many lessons have shown that product launches can fail in Indonesia, even if proven successful in neighboring countries. Sales agents can be tasked to reduce that risk and answer the important question if your product has your expected demand. PRIME can help you identifying such competent agents.Leverage on local insights: The very polite and…