Indonesia is rapidly becoming a hub for business opportunities in Southeast Asia. Its thriving economy, strategic location, and dynamic market make it an attractive destination for foreign companies looking to expand their presence. One cost-effective and flexible way for these companies to establish a foothold in Indonesia is through a virtual office.
In this article, we’ll explore the concept of virtual offices, the regulations surrounding foreign companies in Indonesia, and the advantages of setting up a virtual office in this diverse archipelago.
Open Virtual Office in Indonesia for Foreign Companies
So, can foreign companies open a virtual office in Indonesia?
The answer is yes. Foreign companies can open virtual offices in Indonesia. This was made possible by the Omnibus Law of 2020, which aims to improve the country’s business climate and attract more foreign investment.
Before the Omnibus Law, foreign companies were required to have a physical office address in Indonesia. This could be a barrier for entry for some foreign companies, especially those that are just starting out or have limited resources.
The Omnibus Law now allows foreign companies to use a virtual office address as their registered business address. This means that foreign companies can now set up a business in Indonesia without having to rent or purchase a physical office space.
To open a virtual office in Indonesia, foreign companies need to work with a licensed virtual office provider. Virtual office providers offer a range of services, including a business address, mail handling, and meeting room rentals.
Benefits of Virtual Office in Indonesia for Foreign Companies
Here are the benefits of opening a virtual office in Indonesia:
Virtual offices are much cheaper than renting or purchasing a physical office space.
Virtual offices offer a range of flexible services, such as pay-as-you-go meeting room rentals and mail forwarding.
Also read: 5 Characteristics of a Virtual Office
Virtual offices can give your business a professional image, even if you don’t have a physical office space.
Virtual offices can help you save time and money by handling your mail and other administrative tasks.
How to Open a Virtual Office in Indonesia as a Foreign Company?
Here are the steps on how to open a virtual office in Indonesia as a foreign company:
- Choose a licensed virtual office provider.
- Select the virtual office package that best meets your needs.
- Sign a virtual office agreement with the provider.
- Submit the required documents to the virtual office provider.
- Pay the virtual office fees.
- Receive your business address and other virtual office services.
- Once you have opened a virtual office in Indonesia, you can then register your company with the Indonesian government.
If you are a foreign company considering opening a virtual office in Indonesia, you can rely to InvestinAsia’s services for Indonesia Virtual Office Set Up.