Last updated on 2014-01-01
About the Book
Indonesia, the 4th largest country in the world by population, is a work in progress. Corruption is still rampant, but the citizens are flexible, intelligent, and slowly pushing for change. Since it’s still difficult to create a business in Indonesia we created this guide to help foreigners navigate the confusing bureaucracy.
If you’ve been thinking about starting a business in Indonesia, the Wood Egg Indonesia startup guide will be your go-to reference manual.
Each year we hire 3 researchers (at least one local and one foreigner who live in Indonesia), a native English-speaking in-country writer, and an editor, to bring you insights from multiple perspectives.
Our researchers spend over 200 hours interviewing local business people, politicians, and citizens who regular foreigners would never have access to. This is 200+ hours you will save to hit the ground running. (Bonus: When you register your eBook at WoodEgg.com you get access to all of our raw research and interviews.)
In the 2014 Wood Egg Indonesia startup guide you will learn:
The only way to point out a mistake in a business deal and still get the deal done. Ignore this at your own peril. (Page 136)
Why Indonesians are religious but don’t have very much faith in this (and why it matters to your business). (Page 48)
Be cautious of this when making business introductions. (Page 158)
Our curated list of 6 accountants specializing in working with foreigners. (Page 220)
Don’t get involved in these industries unless you’re prepared to give over 51% to a local partner. (Page 191)
When to use online or offline methods to find (and keep) good employees in Indonesia. (Page 238)
All foreigners must comply with this to open a bank account in Indonesia. (Page 260)
Why you shouldn’t use English to market your business in Indonesia (and when and why you should). (Page 280)
The top industries with room for growth in Indonesia. (Page 276)
All of this along with hundreds of other insights. All told you’ll get the painstakingly researched answers to over 200 questions (over 300 pages!) about country, culture, life, and business in Indonesia.
If you’re looking to do business in Indonesia you won’t find a more complete, up-to-date, guide.
Click to buy now.
- Near-future outlook
- Current stats
- Quick history as it affects current business environment
- Relationship with other countries
- Religion and Race
- Asia 101
- Local differences
- Personal attitudes towards foreigners
- What to wear
- Attitude towards time and promises
- Common conversational references
- How to blend in
- When not to blend in
- Recommended reading/watching
- Quality of life
- Cost of living
- Western standards vs local standards
- Language / English proficiency
- Immigration / Visa
- Where to live (short-term and long-term)
- Typical living arrangements
- Internet / Phone
- Credit card? Cash? Check?
- Availability of products/services
- What’s not online
- Differences in service standards
- Expat community
- Recommended resources
- Business Culture
- Understanding “face”
- Direct vs indirect communication
- How to tell “yes” from “no”
- Who to speak with in organizations
- Business attitudes towards foreigners
- Signals of respect
- How to build trust
- Business cards
- Signaling success
- Innovation vs status quo
- Passing-through vs Full-time
- Advantages to foreigners
- Advantages to locals
- General role of government
- Who’s who: departments you need to know
- What the government is emphasizing now
- Business Setup
- Ease of doing business
- Local partners?
- Business structure choice
- Business name choice
- Where to locate
- Real estate
- Big city vs outlying areas
- What your location says about your business
- Paying taxes
- Ongoing requirements
- Recommended resources
- Local talent strengths
- Hiring local people
- How much to pay?
- How to find good people?
- Online vs offline
- Hiring foreign people
- Step-by-step process
- Labor laws
- Recommended resources
- Banking overview
- Bank comparison
- How to open an account
- Online banking
- Paying employees
- Paying vendors
- Getting a bank loan
- Getting investors
- What if they don’t pay?
- Industry sectors
- What’s missing?
- What’s unique?
- Growing the Business
- Expanding outside the country
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