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.
Since 2018, the trade war between the US and China has had a significant impact on companies and manufacturers from both countries. Aside from the rising import tariffs imposed by both governments, Chinese businesses have also suffered a crackdown from US e-commerce giant Amazon, following a shutdown of over 50.000 Chinese retail stores. As a result, Chinese vendors are seeking alternatives as the Seattle-based company is unlikely to ease up on its campaign.
The relationship between Indonesia and China has grown stronger over the recent years. China is Indonesia’s second-largest source of foreign direct investment (after Singapore) and one of the country’s most important commercial partners.
In 2019, China was Indonesia’s top export destination, accounting for US$25.8 billion, or 16.68% of total exports. In the same year, China was Indonesia’s largest importer, accounting for $44.5 billion, or over a third of the country’s total imports.
The two countries have agreed to encourage the use of their currencies in trade deals rather than the US dollar. Cultural, educational, and people-to-people interactions between China and Indonesia have also increased.
This article aims to explain why Chinese manufacturing companies should set up a factory in Indonesia.
According to the Ministry of Industry, Indonesia’s manufactured products exports grew 33.45% to US$81.07 billion in the first half of 2021, compared to the same time the previous year.
Despite the COVID-19 pandemic-induced pressure, manufactured goods exports climbed 9.7% to US$14.08 billion in June 2021, accounting for 75.91% of total national exports of US$18.55 billion. These figures not only imply that the manufacturing sector possesses great potential for Chinese manufacturers but also reflect an optimistic outlook towards the quick recovery of the economy.
Aside from its positive performance, Chinese manufacturers who seek to open a factory in Indonesia can also benefit from the following factors:
The labor wage in China is almost double the wages in Indonesia’s most favorite regions for the manufacturing industry. Refer to the data below to witness the difference in minimum wages in China and Indonesia in some of the prominent regions for doing business:
Read More: Indonesia Minimum Wage System Based on Omnibus Law
Although China’s population is five times that of Indonesia, China has a much smaller percentage of young people. In China, the largest percentage of the population is now in their thirties and fifties, and the working-age population is shrinking every year. Insufficient human resources and fears about the future of the Chinese economy arise from an aging workforce and declining population growth (3.5% in 2017).
However, in Indonesia, the child rate remains assertive, and the population’s median age is 30.2 years old, with about 45% of the population aged 25 to 54 years. Moreover, manufacturing employs about 20% of Indonesia’s working-age population.
Along with a growing economic tight, China also become a sought-after destinations for Indonesian students. In 2017 alone, the number of Indonesian who studied in China has reached 14,000 students.
Most of these students are studying Chinese language and literature, with an increasing number of them studying other fields such as medicine, industry and technology.
For Chinese companies looking to open a factory in Indonesia, this can become a cost-saving factor as it should not be difficult for them to hire local talent who speak Chinese.
The ASEAN-China Free Trade Area has eliminated tariffs on 90% of imports from Indonesia, Malaysia, Singapore, Brunei, the Philippines, Singapore, and Thailand (ACFTA). Furthermore, in Q1 2020, ASEAN overtook the EU as China’s top trading partner, with a value of US$140 billion and 15% of China’s total trade volume.
According to Infrastructure Asia, Indonesia has improved its efforts to decrease the risks of its infrastructure projects through schemes such as viability gap funds (VGF) and public-private partnerships (PPP). The country also plans to invest about US$430 billion in infrastructure between 2020 and 2024, up by 20% from 2019.
To encourage equal economic growth in the country, the government has mandated* that industrial firms operate in industrial estates. In Indonesia, there are presently 87 industrial estates spread across around 86,000 acres of land.
Read More: Significance of Kendal Industrial Park for Manufacturing in Indonesia
In addition to its facilities and easy access to ports and major transportation routes for the goods distribution and logistics, the Indonesian Government also offers attractive incentives for foreign investors who set their business operations in these Industrial Estates. Refer to the table below for more details:
Relocating your manufacturing business from China to Indonesia is certainly profitable, however, doing it on your own makes you vulnerable to procedural pitfalls and may prove to be cumbersome. Cekindo saves you a lot of trouble and time with a seamless company registration experience. Our consultants readily aid you to obtain the necessary product registration and licenses like business and import licenses. We also provide professional advice and save you the management stress with our HR and recruitment services.
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.