The New Market Indonesia

Inhaltsangabe:Abstract: With a surface of over 5 million square-kilometres and a population of almost 200 million inhabitants Indonesia is the largest country of Southeast Asia and the fourth largest country of the world. The Indonesian economy is characterized by a strong steady growth. Over the past few years the industrial production as well as the gross national product have steadily increased in double-digit percentages and a similar growth rate has been prognosticated for the years to come. The increase in purchase power and the population's propensity to consume which follow from this will further affect the infrastructure which is still insufficient to a large extent. Inhaltsverzeichnis:Table of Contents: 1.Introduction 1.1Inital Situation 2.Analysis of Indonesia 2.1Historical Development 2.2Political System 2.2.1Domestic Policy 2.2.2Foreign Policy 2.3Economic Policy 2.4.Economic Structure 2.4.1Economic Situation 2.4.2Basic Economic Data 2.4.3Infrastructure 2.4.3.1Energy 2.4.3.2Transportation 2.4.3.3Telecommunication 2.4.4Job Market 2.4.5Wages and Salaries 2.4.6Foreign Trade 2.4.7Industrial Areas 2.4.8Free Trade Areas / Export-oriented Production Entrepot 2.5Investment 2.5.1Investment Policy 2.5.1.1Deregulation 2.5.2Investment Regulations 2.5.3The Govemment Decree 20 from May 19 1994 2.5.4Application Procedures for Foreign Investment 2.6Cooperation in Trade 2.6.1Sole Agent 2.6.2Sales Partners 2.7Tax System 2.7.1Income Tax 2.7.2Corporation Tax 2.7.3The Withholding and Income Tax System 2.7.4Land Tax and Building Tax 2.7.5Value-Added Tax 2.7.6Luxury Tax 2.7.7Other Taxes 2.7.8Special Regulations for Tax Relief 2.8Customs 2.9Legal System 2.9.1Background 2.9.2Choice of law for German-Indonesian contracts 2.9.3The Contract in Indonesian Law 2.9.4Prescription 2.9.4.1Forms of Prescription 2.9.5Breach of Contract 2.9.5.1Extent of the Claim for Damages 2.9.5.2Nullity Action 2.9.6Liability for Defects Conce