10 July 2024

Free Trade Zone And Free Port Of Karimun




As the biggest country in Southeast Asia, Indonesia is a developing country that possesses a great deal of opportunity when it comes to business. Setting up a company in Indonesia allows you to grasp a chance to develop your business. However, to make your company successful, you need to understand every important thing regarding how to set up a company in Indonesia. The Indonesian Government has provided an interesting incentive for foreign investors to encourage them to set up a company in Indonesia.

Stages to set up a company in Indonesia:
- Have enough capital/investment
- Learn about the Indonesian Business Classification
- Check the Negative Investment List
- Use a trusted locally owned company to register the company
- Get approval for the establishment of a company 
- Have an identification number to operate
- Get the operational or commercial license

This article aims to give information on investment potential and business opportunities at the Free Trade Zone and Free Port of Karimun to potential investors and the general public.

Free Trade Zone and Free Port of Karimun offer investment opportunities and projects, such as maritime, oil and gas manufacturing, tourism industry, and trading and services to local and international businessmen with full support from the Karimun Free Trade Zone and Free Port Authority and the regional governments.

The existing investors are also given special incentives and facilities related to customs, taxation, immigration, manpower, and banking, particularly for their new investment in the Karimun Free Trade Zone and Free Port, which already welcomes more foreign investment.

Reasons to choose Karimun:
- Strategic location, near Singapore and Malaysia
- Land availability
- Man Power Resource availability
- Government support and assistance
- Improved transportation and telecommunication
- Improved security system in protection
- Improved infrastructure
- Safety and comfort

Attractive Incentives:
- Free export and import duties
- No Value Added Tax
- No Luxurious Good Tax
- Manpower Training
- Tax allowance and tax holiday
- Visa and immigration

Facilities and Infrastructures:
- Road port
- Clean water
- Telecommunication
- Electricity

Investment Opportunities:
- Oil Storage and Refinery
- Oil and Gas Fabrication
- Oil Field Business
- Shipyard and Maritime Industries
- Mining Industry
- Tourism Industry (hotel, resort, golf course, mall and business center)
- Industrial Park
- Trading and Service
- Residential Estate
- Manufacturing Industry
- Infrastructure
- Petroleum
- Petrochemical

Other Investments:
- Hotel and Resort
- Sport and Entertainment
- Industrial Park
- Real Estate and Business Center
- Service and Trading
- Manufacture

Open Projects:
- Water Treatment Plant
- Malarko Development Project
- Oil Refinery and Storage
- Shipyard

The government in Karimun is committed to creating a conducive and safe environment to create the ideal Investment development and climate.

Karimun Regency is one of the regencies in Riau Island Province in Indonesia. It is located near the Straits of Malacca, an international shipping route between Singapore and Malaysia. Karimun is one of the biggest islands in Riau Island Province. It is also one of the economic centers.


Contact:
Nuzul Akbar
Head of Marketing Division
Free Trade Zone and Free Port of Karimun
Tel: +628117750123
Email: akbarkepri07@gmail.com


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I am Astrid Amalia, the Founder of GWB (GlobalWide Business) at https://globalwidebusiness.blogspot.com.

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