Wednesday, 23 July 2008

Doing business in Indonesia can be easy

The rank of ease in business in Indonesia has the chance to go up 41 places from the 123rd to 82nd in 2008. On the condition that the government repairs the mechanism for starting a business, ownership registration and obtaining credit. A team member of Doing Business 2008 of the World Bank and International Finance Corporation, Sylvia Solf, said that to raise the rank, first Indonesia must eliminate the requirement of minimum capital to found a business. This is to advance the emerging new industries. Second, making the notary's involvement an optional clause. Third,consolidating the government's approval through a one stop system. The timeinvestors need to open a new business in this country is 105 days.(http://www.tempointeraktif.com/hg/ekbis/2007/11/09/brk,20071109-111211,uk.html)

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