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Doing business in Singapore for clients from Indonesia

For Indonesian families and companies, Singapore is the neighbour across the Strait. Many use it to bank, to invest and to hold regional interests, and the industrial zones on the Indonesian side of the water link the two economies further.

Across the Strait

Indonesian wealth in Singapore, the industrial zones of Batam and Bintan and the flows of people and capital all cross a line drawn in 1824. A family may look at a single family office, given that more than 2,000 offices held tax incentives at the end of 2025. A company may want a treasury or a finance arm. Crypto-asset businesses should note that Indonesia moved supervision to its Financial Services Authority in January 2025.

Tax treaty and trade agreements

The present double taxation agreement was signed on 4 February 2020, entered into force on 23 July 2021 and has effect from 1 January 2022. Both countries belong to the ASEAN trade agreement (ATIGA, in force 2010), and RCEP has applied to Indonesia since January 2023.

Below you will find the articles written for clients from Indonesia as they are published, followed by the sections of the book Singapore as an International Financial Centre. Your own lawyers advise you on the law of Indonesia.

Articles for clients from Indonesia

Singapore as an International Financial Centre