Succeeding in Indonesia – the inside story


About this Event

Business leaders from developed markets acknowledge that globalization is the most critical challenge they face today. While the world is getting more connected than ever before, it has become tougher to identify internationalization strategies and to choose which countries to do business with. Most companies have stuck to the approach they have traditionally deployed in the markets where they have started. As a result, they struggle to adapt and develop successful strategies in emerging markets. After-all, running a business in a developing market is, to say the least, a challenge. But the growth potential is there.

One such market is Indonesia, currently the 16th-largest economy in the world, this dynamic archipelago has the potential to be the seventh biggest by 2030. In recent years, Indonesia has made enormous efforts to make it easier for foreign businesses to do business in the world’s largest archipelago. One such example is the Omnibus Law that is currently being considered by the government as the next step in making Indonesia an easier market to do business in and attract more foreign direct investment (FDI).

To discuss success cases of doing business in Indonesia and to touch on the road ahead i.e., the Omnibus Law, we have teamed up with Vistra Indonesia and TNB Partners in Association with Norton Rose Fulbright Australia to throwing a webinar on the topic.

A webinar designed for businesses expanding to Indonesia.

What we’ll discuss:

1. A brief overview of success cases in Indonesia

2. Omnibus Law at a glance

3. Current development and status
– Streamlining Business Licenses
– Foreign investment rules
– Labour Law
– Highlight Tax changes

4. Impact on new investments and businesses in Indonesia

Who you’ll hear from:

– Miguel Latorre – Miguel is the Managing Director of Vistra Indonesia, a serial entrepreneur with more than 16 years of international experience and Indonesia in particular. In 2013, Miguel founded Global Expandia, a market entry company that was acquired by Vistra in March 2018. Miguel holds a Master’s Degree in Leadership and International Relations from Boston University, and he also attended “Leading Professional Service Firms” executive program at Harvard Business School.

– Floris van der Velde – Floris holds a Master’s degree in Notarial Law, from the University of Leiden, The Netherlands. Floris started his career in late 2006 at DLA Piper (Amsterdam) as a deputy civil-law notary at the corporate M&A section. In 2014 he joined Vistra as a senior corporate lawyer as part of the Asia Desk, with a focus on (renewable) energy business-related clients, as well as private equity. In 2020, Floris moved from Vistra Amsterdam office to the Vistra Jakarta office to strengthen the business development team as Associate Director of Business Development.

– Fridoun Chee – Fridoun joined Norton Rose Fulbright Australia as an international consultant in 2014, right after completing his post-graduate course at the University of Sydney. He was promoted to senior associate in 2016, while he was in placement at Norton Rose Fulbright Australia’s associate office in Jakarta for two years. Fridoun also played a vital role in the formation of the firm’s international (Asia focused) practice. Before joining the firm, Fridoun previously worked for four years in Ali Budiarjo, Nugroho, Reksodiputro (ABNR), one of the largest and leading law firms in Indonesia.

– Jeremiah Purba – joined Norton Rose Fulbright Australia as an intern in 2014, right after completing his bachelor of law degree from the country’s most prestigious Faculty of Law of the University of Indonesia. He continues to assist in preparing law undergraduates to partake in international moot competitions. Jeremiah is experienced in advising national and international businesses on matters related to regulatory compliance, foreign investment, cross-border M&A transactions as well as various other general corporate matters.