Indonesia is the largest democracy state in South East Asia with over 279 million people, world's fourth-most populous country and the most populous Muslim-majority country. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest island country at 1,904,569 square kilometres (735,358 square miles).
Indonesia is a state law as stipulated in its constitution (Undang-Undang Dasar 1945) and presidential republic with an elected legislature.
Indonesia consists of thousands of distinct native ethnic and hundreds of linguistic groups, with Javanese being the largest. A shared identity has developed with the motto "Bhinneka Tunggal Ika" ("Unity in Diversity" literally, "many, yet one"), defined by a national language, cultural diversity, religious pluralism within a Muslim-majority population, and a history of colonialism and rebellion against it.
The economy of Indonesia is the world's 16th-largest by nominal GDP and the 7th-largest by PPP. It is the world's third-largest democracy, a regional power and is considered a middle power in global affairs. The country is a member of several multilateral organisations, including the United Nations, World Trade Organization, G20, and a founding member of the Non-Aligned Movement, Association of Southeast Asian Nations, East Asia Summit, D-8 and the Organisation of Islamic Cooperation.
Indonesia is welcome with investment from within the country and from abroad, investment from both abroad and within the country is regulated in act no. 25/2007 and Indonesia has provided legal protection to investors as regulated in act no. 37/2023 concerning job creation.
President Joko Widodo's administration has tried hard to improve regulations related to investment which overlap and sometimes conflict with other regulations with the omnibus law, with these laws and regulations providing the legal protection expected by investors. towards its investment in Indonesia.
Investment legal protection in Indonesia has developed better to ensure fairness, certainty and usefulness compared to previous periods.
Joko Widodo's administration has also started plans to move the capital to Kalimantan Island so that development is more evenly distributed in Indonesia, which has so far only focused on Java.
Indonesia welcomed investment and the certainty of law is one of factor that investor consideration. due to that Indonesia has a comprehensive investment law for protecting investor legal rights and interest.
Winarno & Associates is ready to provide the best legal services to investors to invest in Indonesia, especially on the island of Sumatra (Medan, Banda Aceh, Pekanbaru, Padang, Bengkulu, Jambi, Palembang, Bandar Lampung, and other cities on the island of Sumatra.
