Regulation 10 stages of business1. Open a business2. Construction Permits3. Hiring of employees,
4. Registering property5. Obtain credit6. Protecting Investors7. Paying taxes8. Trading across borders9. Run contract10. Closing a business
Phase I:
starting a businessTo start a business in Indonesia requires nine procedures, takes 60 days, at a cost of 26% of income per capita, and the initial capital of at least 59.7% of income per capita.It means so much better than 2008 in which to do business takes 11 procedures and 76 days, also in 2007 in which to do business takes 12 procedures and 105 days
PHASE II:Registering propertyTo register property in Indonesia through six procedures, takes 22 days, at a cost of 10.7% of the property value.
PHASE III:protecting investorsSafeguards to investors assessed by a number of indices, with a range of 0 (lowest) to 10 (best). The best is the index of transparency (10), followed by the investor protection index (6)
Ranked ease of doing business in Indonesia asia level• Singapore (1)• Thailand (13)• Malaysia (23)• Indonesia (122)• The Philippines (144)• Cambodia (145)• Burma (167)
4. Registering property5. Obtain credit6. Protecting Investors7. Paying taxes8. Trading across borders9. Run contract10. Closing a business
Phase I:
starting a businessTo start a business in Indonesia requires nine procedures, takes 60 days, at a cost of 26% of income per capita, and the initial capital of at least 59.7% of income per capita.It means so much better than 2008 in which to do business takes 11 procedures and 76 days, also in 2007 in which to do business takes 12 procedures and 105 days
PHASE II:Registering propertyTo register property in Indonesia through six procedures, takes 22 days, at a cost of 10.7% of the property value.
PHASE III:protecting investorsSafeguards to investors assessed by a number of indices, with a range of 0 (lowest) to 10 (best). The best is the index of transparency (10), followed by the investor protection index (6)
Ranked ease of doing business in Indonesia asia level• Singapore (1)• Thailand (13)• Malaysia (23)• Indonesia (122)• The Philippines (144)• Cambodia (145)• Burma (167)
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