Friday, May 27, 2016

Indonesia revises foreign ownership regulation for e-commerce. Here’s what you need t

Foreigners will be entitled to 49 per cent of ownership, instead of 100 per cent as mentioned in February In February, the Indonesian government announced that it would allow 100 per cent of foreign ownership of e-commerce companies as part of its e-commerce roadmap agenda. However, this week, the government revised the announcement by legalising...
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