Since early 2019, Indonesia is known as the second most productive and lucrative construction market in Asia, where a large number of infrastructure projects are underway in major cities throughout the country. Infrastructure development will also remain one of the top priorities of this administration until 2020. This situation makes Indonesia a lucrative target market for domestic and foreign construction service providers to engage in infrastructure projects. Under the Construction Law (Law No. 2 of 2017 on Construction Services), it is possible for foreign construction service companies to operate their business in Indonesia with special requirements. The Construction Services consist of: 1. construction consultancy services; 2. construction work services; and 3. integrated services between construction, consultancy and work services.
There are several aspects to consider prior to establishing foreign construction companies in Indonesia. They are: 1) types of construction services; 2) forms of construction services business entities; 3) business requirements; 4) documents required to get the required licenses
ADCO Law’s lawyers, Dendi Adisuryo (Partner) and Niko Karuniawan (Legal Researcher) has prepared a comprehensive article on this matter, highlighting the important points.
The complete article can be downloaded here ←
ADCO Law earns the trust to represent clients from multinational companies to emerging entities across a wide range of industries to achieve their business objectives in Indonesia.
By combining commercial sensibilities and legal expertise, ADCO Law assists the clients to structure, organize and implement their business ventures and investments, including structuring, financing and securing investments as well as establishing new foreign companies in Indonesia. Should you have more queries regarding this matter, please do not hesitate to contact us.
@2019 ADCO Law. All rights reserved.
This publication has been prepared for general informational purposes only to provide clients with information on recent legal developments and is not intended as legal advice or opinion.