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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.
Maneuvering through legal complexities and bureaucratic hurdles has been one of President Joko Widodo’s major plans for Indonesia. By initiating the improved government regulations implementing deregulation policies, the mergers and acquisition (M&A) market has been positively impacted. One example is the business licensing processes and the newly introduced Online Single Submission System (OSS), which has high relevance and usage of corporate proceedings.
This OSS system also acts as a gateway for various government services at different levels. The regulations are implemented for the latest services on integrated electronic business licensing to ease the process of mergers in the country. The large-scale amendment of the Omnibus Law legislation plays a part in Jokowi’s efforts in making business licensing mechanisms even more straightforward and effective.
Private businesses are still dominating the M&A transactions in Indonesia rather than public companies. This occurs as the public M&A usually takes more time due to complex regulatory frameworks and procedures. The financial technology industry is still shown to be the most active sector in deal volume. However, the energy sector contributes to the highest number of transactions in terms of deal value.
In Indonesia, acquisitions usually occur by purchasing shares in a company from a shareholder who wants to liquidate or form the company itself. As for foreign investors, they cannot enter a legal partnership due to ownership limits. However, a foreign entity is allowed to acquire all shares of a company or, in some cases, conduct a joint venture with an Indonesian company or a local partner.
Business units usually have their assets transferred during asset acquisitions. Mergers or amalgamations are historically less common in Indonesia, especially when the surviving company dissolves the target company. With the government working hard to relax the regulations for mergers and acquisitions in Indonesia, most foreigners still need guidance on navigating their way to a successful merger and acquisition through this detailed process.
Amidst a pandemic, Indonesia still managed to create headlines for all the right reasons in the year 2021. This was caused by rather big names in the business going into mergers and acquisitions from a number of different sectors. Not only was it in the financial sector, but in fact, some of the most significant of these mergers and acquisitions came from the telecommunications and property sector.
Here are some of them that are worth noting:
As one of the biggest names in Indonesia’s telecommunications industry, Indosat Ooredoo has gone through a number of ownership changes to where it is today. Officially announced on 4 January 2022, Indosat Ooreedoo and Hutchison Tri Indonesia merged, becoming Indosat Ooredoo Hutchison.
The deal that has been going around since September of 2021 is supposedly valued at approximately USD 6 million. In their explanation to the Indonesian Stock Exchange, this merger creates operational synergies that will be beneficial for consumers and create value for stakeholders and fellow shareholders.
A part of the distinguished Djarum Group, Blibli is a well-known e-commerce company that was established back in 2011. This deal saw Blibli acquire 51% of PT Supra Boga Lestari, the parent company of Ranch Market and Farmers Market.
Blibli purchased the shares from 7 major stakeholders with an estimated value of over USD 123 million. According to the management, this acquisition was to develop the business further and expand the company’s ecosystem to be the leading e-commerce company in Indonesia.
Probably the most phenomenal Indonesian M&A in recent times, the two unicorns of Indonesia Gojek and Tokopedia merged into one company called GoTo. The company now runs three major services: on-demand services, digital payment systems, and a marketplace. The total value of this merger remains undisclosed. However, the combined gross transaction value of GoTo in 2020 reached over USD 22 billion.
Buying out or merging with a company is much more than a financial transaction. It is a well-planned business decision with regulation complexities that companies are willing to go through to bolster their positions for the years ahead. Here is a list of things that needs to be considered before getting into mergers and acquisitions.
When choosing a partner, decision-making skills play an important role in succeeding the M&A transactions. With a wrong partner, long-term decisions can be detrimental to the business resulting in disharmony within the company.
Mutual trust between management regarding the shared success of both parties ensures that the mergers or acquisitions are done smoothly and leads to favorable outcomes.
Proper due diligence is key to a successful merger or acquisition process. Studying the company in-depth provides a good understanding of the history, missions, values, and culture to make an informed decision for an adequate valuation.
As it should, the structured plan of the two companies must be communicated mutually hence, bulletproof. A third party can be invited to help with a detailed plan of action considering compelling micro and macro analysis backed and logic.
One of the most crucial factors in implementing the high-quality plan devised is practicing the right strategy as per the plan is vital for the business’s success. Otherwise, predicted costs may inflate, creating confusion and misunderstanding among the parties.
Keeping the connection between the parties is essential, as it promotes long-term trust. Being swift while the integration process should be kept as a primary goal.
The complexity of doing M&A might have an impact on current company growth. Therefore, finding suitable services to your needs will be an essential support to proceed swiftly. As one of the seasoned and trusted advisers in Indonesia, InCorp has a comprehensive merger and acquisition service covering valuation, negotiation, completion, financial audits, as well as legal and due diligence.
Reach out to our consulting team by completing the form below.
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.