InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
Learn More
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.
The Indonesian government has launched the “Making Indonesia 4.0” roadmap to boost the country’s economy. This initiative aims to implement new manufacturing technologies in the most vital sectors of Indonesia. These sectors contributed to two-thirds of the country’s total manufacturing output in 2017.
These sectors included automotive, food and beverage, electronics, textile, and chemical. They will be prioritized under the “Making Indonesia 4.0” roadmap. The government is optimistic that this initiative will lead to a massive transformation, including more jobs in the Indonesian market and an increase in exports.
President Joko Widodo is confident that implementing Industry 4.0 will help Indonesia become one of the top ten global economies by 2030. This article offers insights into the progress of Industry 4.0 in Indonesia, including the challenges and opportunities that come with it to support the country’s rapidly growing economy.
Industry 4.0 refers to the fourth industrial revolution, which transforms manufacturing by implementing new technologies and innovations, particularly in digital technology, cyber-physical systems, biology, and hardware automation.
The vision of Industry 4.0 is to make smart factories a reality and fully utilize digital manufacturing. It is believed to be end-to-end digitization in the manufacturing sector and will create an ecosystem across the entire supply chain.
Currently, Industry 4.0 is supported by five vital technological innovations: artificial intelligence (AI), Internet of things (IoT), robot and sensor technology, human-machine interface, and 3D printing.
The world is now moving towards Industry 4.0, and Indonesia is also preparing to join the new trend.
As the backbone of the Indonesian economy, the manufacturing sector in Indonesia accounted for 20% of Indonesia’s GDP in 2017. Almost one in five of the working population in Indonesia is employed in this sector.
Thus, if Industry 4.0 is thriving in Indonesia, the country will see a growth in GDP of at least 7% annually between 2018 and 2030; the manufacturing industry will contribute to 26% of the nation’s by 2030 as well.
Indonesia faces tough competition from countries like China, Vietnam, and Thailand. The government has implemented positive strategies to tackle the challenges, but four significant obstacles remain for Industry 4.0 in Indonesia.
These include capability issues, funding problems, lack of technology/digital infrastructure and system suppliers for Industry 4.0, and regulation and policy overlap that require further synchronization.
For funding and capabilities problems, not only does the manufacturing sector need a large number of fresh funds, but the implementation of Industry 4.0 also requires foreign talent and technology to help improve the capability and quality of the domestic industry.
As for the need for more technology and system suppliers, many manufacturers have been discouraged from migrating to Industry 4.0. Last but not least, harmonization is needed for rules and policies, and the Indonesian government still needs to solve this issue.
Industry 4.0 has great potential in Indonesia due to its large population and high number of smartphone and internet users. A study by McKinsey in 2018 found that almost 78% of Indonesian companies were aware of Industry 4.0, which is second only to Vietnam. Interestingly, countries like Singapore, Malaysia, and Thailand have lower rates of Industry 4.0 awareness than Indonesia.
Industry 4.0 will contribute approximately US$121 billion to Indonesia’s GDP if appropriately executed by 2025. It may also help Indonesia earn up to US$150 billion annually by 2025.
4.0 industry in Indonesia is on the horizon, marked by the integration of machine automation and the Internet of Things. It impacts various aspects of daily life, leading to the rise of new startups, job losses for conventional workers, and closures of retail stores, among other changes.
The World Economic Forum predicted the loss of 75 job types in the next four years, offset by the creation of 133 new jobs due to technological advancements. Despite the challenges, Industri 4.0 presents new business opportunities. Here are four business opportunities in this era:
The government’s Making Indonesia 4.0 initiative focuses on five industrial sectors: food and beverage, automotive, electronics, chemicals, and textiles. Starting a startup in these sectors may benefit from government support. However, other sectors like artificial intelligence, augmented reality, crypto, and fintech offer untapped potential.
Indonesia already has major marketplaces like Tokopedia and Bukalapak. Regardless of business size, these platforms provide equal opportunities for all. With a large user base, businesses can avoid promotional costs, and online transactions eliminate expenses such as rent and operations, maximizing profits.
On-demand services cater to user requests, as seen in platforms like Gojek and Grab. Opportunities exist in various sectors, such as housekeeping, custom products, and painting services. Success lies in identifying sectors with a broad market and no dominant players, making it easier to succeed in business competition.
Online marketing is integral to both online and offline businesses. A robust online presence enhances visibility, trust, and customer interaction. Services like Google My Business help offline businesses appear on Google Maps, facilitating customer location discovery.
Industri 4.0 brings challenges and opens doors to innovative business ventures across diverse sectors.
With all the data and statistics mentioned above, Indonesia is an alluring market for every foreign entrepreneur. Despite the challenges present as the country is keeping up with Industry 4.0, there are opportunities for you to seize.
Contact us now for essential insights into a market entry in Indonesia and how InCorp can assist you with business incorporation in Indonesia.
An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
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.