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