How To Start A Business in Indonesia
Are you looking to break into the Indonesian market? Hoping to start a business that will flourish and grow? You have chosen a good market. Indonesia is a country brimming with potential, both as a tourist country as well as a flourishing economy.
As is customary, it’s important to learn about the country you’re going to step in. Establishing a business in a foreign country has its own rules and regulations. You can find useful information on the company formation in Indonesia at Permitindo.
At the same time, it’s also important to know the cultural do’s and don’ts. Winning the hearts of the people is the first step in doing business in Indonesia. For more information, you can check out the site here.
Let’s take a look at some of these do’s and don’ts.
1-Â Â Â Getting personal-
For starting a business, it’s better to look for partnerships. Even if you don’t look for partnerships, you will definitely have to deal with Indonesian locals. This means getting on their good side. A good way is to get personal and close with them.
2-Â Â Â Take time-
Deals in Indonesia take time. Matters are almost never settled in one meeting. Hurrying up and coercing partners isn’t a good idea. It’s better to let the work take its flow. Even obtaining documents like the Indonesian KITAS and work permits take time, so have patience.
3-Â Â Â Show respect-
A great way of showing respect in Indonesia is to shake hands when meeting. Make your handshake gentle instead of firm. Don’t initiate a handshake with women. When meeting in groups, shake the hand of the eldest first. These simple etiquettes can leave a big impact on your Indonesian counterparts
4-Â Â Â Business cards-
Don’t just get your cards printed in English. Get it done both in English and Bahasa or maybe even in Chinese if you’re dealing with Chinese Indonesians
5-Â Â Â Religious consideration-
Most Indonesian Muslims are religious, so it’s better to avoid arranging meetings or important discussions at prayer times. This will make them view you in a positive light.
6-Â Â Â Red Ink taboo-
It may seem like a small matter, but Indonesians consider it inappropriate to use red ink to write a person’s name. Avoid dealing with the red ink altogether. This belief is based in the custom where the name of the deceased was recorded using red ink.
There are legalities that need to be dealt with when doing business in Indonesia. For assisting you, there is great information and help available at Permitindo, so take the time to seek assistance. This way, you won’t face trouble in the later stages of your setup. You can always check out more by clicking here.
