InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
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Get assistance from experts with a decade of experience in assisting international business owners expanding into Indonesia.
Avoid any bureaucratic complexity when closing your company by engaging with our experienced legal advisors.
What type of legal entities should you choose to register a company in Indonesia? We can assist you in choosing which is the best one to grow your business.
To help businesses survive during this unfortunate time, InCorp provides corporate recovery in Indonesia and insolvency services.
Granting an environmental permit in Indonesia needs an Environmental Impact Analysis (AMDAL) in advance.
Obtaining property & land ownership in Indonesia offers some challenges for foreigners. However, buying property in Indonesia is attainable with specific resources and documents.
Recent regulatory changes have a knock-on effect on Indonesia's Merger & Acquisition landscape. Check on how we can navigate you through your M&A in Indonesia.
InCorp provides Virtual Office services Indonesia in various locations: Jakarta, Bali, Semarang, Surabaya, and Batam.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
Business process outsourcing in Indonesia is a viable option to streamline bureaucratic complexities that hurdle your business expansion objectives.
InCorp offers a complete range of accounting service Indonesia, from tax reporting to auditing.
With professional financial audit services from InCorp, you can ensure all accounting activities are accurately recorded and compliant with Indonesian regulations.
Using an Employer of Record service to set your roots in Indonesia opens the doors to new opportunities in the country.
Financial and Operational Resilience services from InCorp are developed to support businesses and help them survive during this difficult time.
Payroll services in Indonesia are a practical solution to avoid unnecessary complexities while you focus on growing your business.
Using a recruitment agency in Indonesia will help you hire the best candidates for your company, saving you time and money.
Tax consulting in Indonesia are the shortcuts to fulfill the administrative obligations with high accuracy and in a timely manner.
The Indonesian government promotes tax holidays as one of the fiscal incentives to attract major foreign direct investment in Indonesia.
Operating businesses in Indonesia, entrepreneurs must comply with the regulations accordingly, especially concerning taxes.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
Immigration in Indonesia is one of the strictest and most complex processes due to its ever-changing regulations. InCorp provides a seamless experience in obtaining your stay and work permits.
Avoid any hassles by engaging with an experienced visa agent in Indonesia.
A dependent visa Indonesia is a document that allows foreigners to bring their family while settling down in the country.
Investor KITAS Indonesia is a stay permit that offers many benefits to investors that invest in the country.
Overseas Visas are required for Indonesians who are planning to stay abroad for an extended period of time.
KITAP is a permanent stay visa for foreigners who have intentions to stay in Indonesia.
Foreign retirees often find their plans stuck due to the complex visa application process. InCorp helps expedite the process.
Obtaining a social visa is daunting if you are not familiar with the countrys complex bureaucratic processes. Consult with us for a seamless Indonesian visa application experience.
Foreigners married to an Indonesian citizen are eligible for a spouse-sponsored KITAS.
Learn how to obtain an Indonesian tourist visa seamlessly and securely, directly from a trusted visa and travel agent.
Get assistance from a trusted visa agent in Indonesia to make your traveling plan to Indonesia even more convenient.
Expedite your Indonesian work permit application process by engaging with a trusted visa agent.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
All imported goods must obtain permission granted by specific governing bodies prior to entering the local market.
Learn more about the cosmetic product registration services in Indonesia.
Learn more about exporting goods to Indonesia.
Learn more about the food & beverage product registration services in Indonesia
Learn how to go through halal certification in Indonesia directly from experts successfully.
Learn more about the health supplement product registration services in Indonesia.
Learn more about the household product registration services in Indonesia.
Learn more about importing goods from Indonesia
An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner.
Learn more about the medical device registration services in Indonesia.
Learn more about the SNI registration services in Indonesia.
Register a trademark is necessary to avoid legal issues in the future. InCorp can help you with Trademark Registration services in Indonesia.
Compliance is one of the most challenging parts of business overseas, especially in a country packed with complex bureaucratic processes such as Indonesia.
Updating business documents to align with your company’s growth can be a hassle.
Due Diligence services are needed to assess the credibility of the company or partner you wish to work with or acquire in Indonesia
From Company Regulations to Employment Agreement Drafting, Employment law services from InCorp will help you to compliance with employment policy in Indonesia.
InCorp’s legal consultation services in Indonesia are crafted to help your business settle and fully comply with the latest regulations.
Organizations must continuously evolve and transform to remain competitive and relevant in todays global environment ...
Companies face many opportunities and challenges as a result of a changing market and regulatory landscape ...
Adopting Environmental, Social, and Corporate Governance (ESG) practices can improve your company’s value ...
Risk Management services from InCorp Indonesia can assist companies in building confidence when making future business decisions ...
Transfer Pricing in Indonesia occurs when a company performs an internal transaction within the same business group or its subsidiaries
InCorp's transfer pricing advisory services in Indonesia are marked by the objective to support our clients' business needs.
Our transfer pricing services provide you with a hassle-free experience while still complying with the legal aspects of transfer pricing in Indonesia.
As the market-entry consulting firm in Indonesia, InCorp provides a wide range of customized solutions to ease the business incorporation process.
Both natural and legal persons are entitled to open a bank account in Indonesia. Find out how to open a bank account in Indonesia, here.
InCorp can help you find a trusted Buying Agent Indonesia for product sourcing in Indonesia. Contact us now for a free consultation.
IMEI Registration in Indonesia is necessary to ensure telecommunication devices from abroad can function properly in Indonesia.
With offices in Jakarta, Bali, Semarang, SUrabaya, and Batam, InCorp is ready to assist you as a local partner and distributor in Indonesia.
InCorp can help you to select the trusted local partners to import and distribute your products in Indonesia.
Improve your business by knowing the market conditions in Indonesia through market research services in Indonesia.
InCorp can help you gain information about your competitor's product through mystery shopping.
Over the recent years, President Jokowi and his administration have been relentlessly pushing the growth of the e-commerce market in Indonesia.
This can be seen through major developments in the country that include the surging internet penetration. It is undeniable that technology advancement and the emergence of e-commerce have paved the way for convenient transactions, mobility and connection.
With the unceasing research and development in the field of e-commerce and technology, the economy, businesses and industries have also transformed and presented themselves with tons of opportunities.
As one of the fastest-growing economies in the world, Indonesia is known as the top in the Southeast Asia region, with a massive GDP worth of US$1.02 trillion in 2018.
Thanks to the rapid development of infrastructure, the internet penetration in Indonesia has grown almost 50% in just mere 4 years. Especially for the e-commerce sector, this sector contributes to 50% of the digital industry’s value in 2019; and it will continue to take the lead towards 2025, dominating 60% of the digital industry.
We will dive further into Indonesia’s e-commerce sector in this article.
Indonesia has been the main force of the whopping e-commerce and digital industry growth for Southeast Asia.
The motivators of the growth are mainly the huge population, younger demographic, increasing purchasing power, governmental support and large investment value pouring into the country.
Huge and Growing Population
Indonesia has a gigantic population and is known as the most populated country in Southeast Asia and the world’s fourth most populated country.
The country’s population is growing at a rate of 1.1% annually, with the current population of over 260 million. It is estimated that Indonesia’s population will grow to 296 million by 2030.
Improving Digital Infrastructure
Approximately US$29 billion were allocated in 2018 by the Indonesian government to develop the infrastructure including the IT infrastructure in the country. This budget allocation aims to bridge the gap between Indonesia and the modern world.
Expanding Digital and E-commerce Penetration
Improving IT infrastructure also means the growing internet penetration particularly in the e-commerce sector. The internet users in Indonesia grew from 143 million to 171 million between 2017 and 2018.
Supportive Government
Apart from the generous budget allocation for the development of infrastructure in Indonesia, the Indonesian government also carries out beneficial initiatives for the digital economy development.
For example, 100% foreign ownership is allowed for e-commerce companies with more US$ 7.1 million of investment size.
Of course, an accelerating digital economy does not come without its own challenges and opportunities. Here are some of them:
Poor Logistics
Inadequate logistics still remain a hindrance in the e-commerce sector. The poor logistics in Indonesia is mainly due to the lack of competencies of logistic service providers and the mediocre infrastructure in certain parts of the country.
A Competitive Market
Both new and existing e-commerce players have to face the high competition in the market. Large and established e-commerce giants such as Bukalapak and Tokopedia have already had strong footholds, making the customer acquisition costs higher for new and smaller e-commerce businesses.
Unbanked Population
The unbanked population in Indonesia contributes to the challenges for e-commerce players as well. Payment issues arise in e-commerce businesses when they have to offer other payment solutions for this unbanked crowd.
Though many challenges exist, it is undeniable that the future of e-commerce in Indonesia is bright and profitable. E-commerce players and enablers have now come up with omnichannel strategy, improve customer experience and differentiate their offerings to drive e-commerce growth.
Are you thinking of starting a business in the booming e-commerce industry in Indonesia, but do not know how to go about doing it?
In other words, you have a product or a service that is suitable for the e-commerce market and you want to promote it, but you are not sure what are the most effective and strategic tools to execute your ideas.
This is why Cekindo exists. Cekindo offers professional business and e-commerce consultancy to help you seize profits from this flourishing e-commerce scene. We also provide business setup and business license services, among others.
In addition, we assist you in effectively differentiating your business from competitors and conquering the challenges that await you.
Check us out to see how we can help you succeed. Fill in the form below.
Disclaimer: The information is provided by PT. Cekindo Business International (“InCorp Indonesia/ we”) for general purpose only and we make no representations or warranties of any kind.
We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Indonesia or its appointed officials.
We do not promote any official government document or services of the Government of the Republic of Indonesia, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website.