Indonesia, officially known as the Republic of Indonesia, is located in South East Asia. Comprising of thousands of islands, its economy majorly relies on Agriculture, Mining, Tourism and Textile Industry. Further, Indonesia has signed Double Tax Agreements with more than 65 countries. Setting up a company in Indonesia is ideally preferred by entrepreneurs also the trust factor plays a pivotal role while doing business in Indonesia. Additionally, the tax is levied on a business only on the income generated in Indonesia. Following are the advantages of starting a business in Indonesia. Enumerated below are a few reasons why company formation in Indonesia can prove ideal for businesses.