Indonesian Political, Business & Finance News

IndoTrade

IndoTrade
Assisting investors to go global

With its proven track record, IndoTrade, a corporate and
foreign business investment consultant, is now offering one-stop
services for businesses and investors planning on expanding their
activities overseas.

According to managing director Johan Bukit, IndoTrade has been
expanding its expertise to help firms settle new ventures
internationally.

The new service, which includes things like offshore
incorporation, is also aimed at assisting investors seeking great
opportunities and facilities abroad, such as tax havens in
nations like Mauritius and the Cayman Islands.

"We're experienced in assisting foreign investors to settle in
Indonesia; now we want to take it the other way around by helping
investors here go global," Johan said.

He added that businesses have become so unique that investors
now have a wide range and different needs. It is at this point
that a business consultant like IndoTrade performs its role by
offering valued advice, Johan said.

"Clients have specific, as well as distinctive, reasons for
seeing a business consultant ... and we are one of the few that
they can truly rely on.

"Our new service allows local investors to go global, since we
have prepared everything down to the last detail -- including the
most up-to-date data to support their plans," he said.

Now, more than ever, IndoTrade is ready to help investors --
from Indonesia or elsewhere -- in seeking partners overseas, or
to set up joint venture companies overseas.

IndoTrade has been well-known here among members of the
business community for its successful record in assisting
clients, both local and foreign, in starting and expanding
businesses in Indonesia.

Its expertise includes establishing foreign-investment firms,
local companies, representative offices, licensing and taxation,
as well as legal advice and other business advice.

There are many reasons why investors select IndoTrade as their
corporate and investment consultant.

It offers a one-stop service that includes help in legal,
taxation, licensing and investment. It has developed some 500
clients worldwide since its initial operation began back in 1990.

With 12 years of experience and six offices in Indonesia, the
company offers very competitive prices and services.

IndoTrade Corporate & Foreign Investment Consultant was
established in Indonesia in 1992 by Johan Bukit. It later changed
to PT IndoTrade Pratama Konsultan.

The company developed rapidly by setting up investment
companies, foreign direct investments (FDI), domestic investments
(DDI), representative offices, and portfolio investments.

"We specialize in advisory services to help foreign
corporations understand the legalities of structuring their
companies and investments in Indonesia," said Johan.

Until now, IndoTrade has catered to a diverse clientele -- in
places as faraway as the United States, Europe, Africa, and
elsewhere in Asia.

The businesses range in size from small to medium to
multinational.

Their respective lines of business vary from trading,
manufacturing and consultation to high-tech engineering, mining
and financial services, along with government agencies.

Among the clients are Eisen Brothers of Singapore, a global
trader dealing with commodities, and Tyco of the U.S., also an
international trading company.

"IndoTrade always tries to serve its clients at its best, and
the result is over 500 companies have been set up through
IndoTrade since 1992. The clients' success stories are
IndoTrade's success stories, too.

"There was a difficult period during 2001, which will likely
continue this year, but IndoTrade is always optimistic --
investors with sound judgment will always prevail," Johan said.

The total value of approved investments in Indonesia dropped
drastically last year to US$9.027 million from $14.99 million in
2000.

The main reason for the decline, according to Johan, was the
weak and unstable economic, legal and security enforcement
locally, coupled with the international shockwaves of the Sept.
11 terrorist attacks in the U.S.

"The outlook for this year, with stable economic growth
estimated at 3.5 percent or 4.4 percent, investment in the first
half of 2002 will remain as weak as late 2001.

"A slight increase in size may occur in the second half.
Foreign investors will stay away from Indonesia because of the
country's highly unpredictable business climate," he added.

"However," Johan explained, "there has been strong indication
that there are still investors who want to expand, illustrating
that the market remains prospectively profitable for the
consultancy business.

"A reliable corporate and foreign investment consultant,
IndoTrade works as a dynamic professional team with its clients
toward the development and successful implementation of business
for new companies," he added.

The company also runs a web site, www.indonesian-
adversory.com, which provides information of either
offshore/onshore incorporation, legal, taxation and other
information on investing activities.

For further information, contact:

IndoTrade

Menara BCD, 15th Floor,

Jalan Jen. Sudirman Kav. 26,

Jakarta 12920 - Indonesia

Tel. +(62)(21) 250-6660

Fax.+ (62)(21) 250-6661

e-mail: itrade@pacific.net.net.id

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