How to Get Payment from Foreign Customers for Your Business

How to Get Payment from Foreign Customers for Your Business

Opening a business in Indonesia and receiving payment from foreign customers can be a daunting task. This guide will provide you with a step-by-step process to optimize your business in Indonesia and receive payment from foreign customers.

  • Understand the Indonesian Market
    Conducting market research is crucial in identifying your target market and analyzing the competition. This research will help you to develop a sound business strategy and stay ahead of the competition.
  • Choose the Right Legal Entity
    Choosing the right legal entity, such as a Limited Liability Company (PT), a Representative Office, a Branch Office, or a Joint Venture, is essential in opening a business in Indonesia. Each entity has its own advantages and disadvantages, so choose the one that best suits your business needs.
  • Obtain Necessary Licenses and Permits
    To operate legally in Indonesia, you need to obtain the necessary licenses and permits. The licenses and permits required depend on the type of business and legal entity you choose. Some of the common licenses and permits required are a Business License (SIUP), a Tax Identification Number (NPWP), and a Company Registration Certificate (TDP).
  • Open a Bank Account
    Opening a bank account is crucial in receiving payment from customers and making transactions. Choose a bank that offers services that cater to your business needs.
  • Set up a Payment Gateway
    Setting up a payment gateway is crucial to receive payment from foreign customers. Choose a payment gateway that supports the currency you want to receive and has low transaction fees.
  • Choose the Right Payment Method
    Choosing the right payment method that suits your business needs and caters to customer preferences is essential. Some of the common payment methods used in Indonesia are bank transfer, credit cards, and digital wallets.
  • Ensure Compliance with Regulations
    It is essential to ensure compliance with Indonesian regulations to avoid legal issues. Follow the tax regulations, labor laws, and other legal requirements.

Following the step-by-step guide outlined above will help you optimize your business in Indonesia and receive payment from foreign customers. Seek advice from experts and consult with local authorities to ensure compliance with regulations. Good luck with your business venture in Indonesia!

Finansist International has sources of information and access needed by domestic and foreign entrepreneurs. As well as foreign companies wishing to invest in Indonesia. We can provide information resources for legal purposes and provide accounting and tax services for companies starting their business in Indonesia. Immediately schedule a free consultation at to plan your business in Indonesia. Also check our social media in this link for updates and promos.


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What you will get

  1. Calculation of monthly / annual income tax
  2. Filling in the SPT application
  3. Making Evidence of Withholding Taxes
  4. Monthly/annual Income Tax Reporting

Tax Planning

Make corporate tax planning so that the tax value paid by the company is precise and more efficient.

What you will get

Quarterly Investment Report

LKPM / PMA Report

Report the company’s investment transactions to the Indonesian Ministry of Investment every 3 (three) months.

What you will get

  1. Internal Auditor’s report regarding the current condition of the company, accompanied by an explanation of the potential risks that will be faced by the company
  2. Adjusting entries (for financial audit engagements)
  3. Recommendations for improvement on audit findings

Internal Audit

Carry out internal audit activities, both within the scope of financial audits, operational audits and compliance audits.

What you will get

Independent Auditor’s Report signed by a certified Public Accountant

External Audit

Carrying out General Audit/Financial Audit activities conducted by External Auditors from a Public Accounting Firm registered with the Indonesian Association of Public Accountants (IAPI).