Home Blog How to Choose the Right Corporate Secretarial Service Provider in Indonesia Secretarial Services How to Choose the Right Corporate Secretarial Service Provider in Indonesia InCorp Editorial Team 2 April 2020 4 minutes reading time Table of Contents The Importance of Corporate Secretarial Services in Indonesia What to Look for Before Engaging a Corporate Service Provider Doing Business in Indonesia with Cekindo Indonesia is a popular business hub for not only the Southeast Asian investors but also for investors from the western hemisphere such as the Europeans and Americans. This favourable economic growth in the past and present in the country is the main reason why so many of them are setting up companies and doing business in Indonesia. Aside from the prospering economy, the large population and diverse demographics are also the factors there are so many business opportunities and potential markets for investors to tap into. With countless businesses popping up in Indonesia every day, corporate secretarial tasks are also increasing tremendously. Corporate secretarial tasks are unavoidable and they should be done right for a business to succeed. However, these corporate secretarial tasks can sometimes be a burden or become overwhelming for business owners if they don’t have the resources and expertise to deal with them. As a result, partnering with a corporate secretarial services provider is a new trend when doing business in Indonesia to help business owners increase business efficiency and save a lot of money. It’s a smart move towards business success if you’re already planning to collaborate with a corporate secretarial service provider in Indonesia. However, there are certain things you need to consider while choosing the right corporate secretarial services when doing business in Indonesia. Read the rest of this article to find out. The Importance of Corporate Secretarial Services in Indonesia Corporate secretarial services are important when doing business in Indonesia because these services will not only give you expert advice, but also the specialists will use their expertise and knowledge to troubleshoot each unique issue. The unique approaches that a corporate secretarial provider apply to your business will help your company grow in all possible aspects. Nowadays, most companies in Indonesia require assistance from corporate secretarial services providers. These services include outsourced tasks to ensure the proper functions, performance, and compliance of the company. Engaging with a corporate secretarial services provider while doing business in Indonesia benefits companies in many ways. For example, cost reduction without hiring a full-time internal secretary, prevention of conflicts due to unbiased suggestions and decisions, and specific expertise with regard to legal compliance. What to Look for Before Engaging a Corporate Service Provider Since the quality of a corporate service provider makes or breaks your business, therefore when it comes to choosing a corporate secretarial firm, you should do it discreetly with proper research and due diligence. Several things you should look into when you choose a corporate service provider for your business: Depending on the type of your legal entity (local company, foreign-owned company or representative office) you must choose a provider who is familiar with your company type. Your corporate service provider must be able to give you advice on corporate bank account issues including those accounts overseas. They should also advise you on how these accounts can be managed and controlled effectively. You must make sure that the corporate secretarial service firm is legally registered in Indonesia and they have years of experience and knowledge in the Indonesian market. Ask them about the number of the clients they have served and take a look at their portfolio. A reputably established service provider must have a strong portfolio with positive testimonials to show. Find out the reputation of the firm that you are going to partner with. Check out what the former clients say about this firm and do some research online and offline. Doing Business in Indonesia with Cekindo Our team of corporate secretary services experts at Cekindo is with you every step of the way when doing business in Indonesia. From company registration and incorporation to corporate advisory, regulatory reporting to legal compliance, Cekindo’s immense expertise and strong connections with the governmental and private sectors made us the first-choice partner of businesses of all sizes. Our extensive corporate secretarial services encompass the following areas: Legal consultation Employment law Business document revision Corporate background and credit check Legal agreement service Whether you are a startup, small-medium enterprise, growing private firm or a multinational firm looking to do business in Indonesia, Cekindo can assist in getting your business started right and being successful in the long run. Let us help you. Fill in the form below to contact us and discuss your needs. Read Full Bio Verified by Daris Salam COO Indonesia at InCorp Indonesia With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships. Frequently Asked Questions Can an individual or a business organization be a shareholder in a PMA company, and is there a minimum number required? A limited liability corporation is required by Indonesian company law to have two or more shareholders, who may be either a legal entity or an individual. The foreign investor must find a second shareholder to own shares in the PMA firm for investments that are 100% open, which could be an affiliated party. What are the standard regulations regarding employment in Indonesia? The standard regulations state: Minimum salary of IDR 3.9 mil for the Jakarta region 12-day annual leave (minimum) BPJS coverage Holiday allowance Is there limited responsibility for shareholders in a PMA company? In a PMA Company in Indonesia, shareholders typically have limited liability, meaning they’re not personally liable for agreements or losses beyond their shareholding, except in certain circumstances. Liability may extend if the company isn’t properly established or if shareholders exploit the company in bad faith, engage in unlawful acts, or deplete company assets to the detriment of creditors. 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Lead Form Subscribe Full NameEmailPlease provide corporate email where possiblePhone NumberOffice SetupWhich city are you planning to expand into?JakartaSemarang/Central JavaBali/LombokBatam/SumateraSurabaya/East JavaOther ProvincesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Package (20% OFF)[SPECIAL PACKAGE] Product Registration + License Holder (20% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Service (20% OFF)[SPECIAL PACKAGE] Comprehensive Industrial Package (15% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Service (20% OFF)[SPECIAL PACKAGE] Comprehensive Industrial Package (15% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration (25% OFF) + Office Space (Private Office 30% OFF)[SPECIAL PACKAGE] Company Registration + Investor KITAS (25% OFF)[SPECIAL PACKAGE] Accounting + Tax Services+ Annual Fintax Report (20% OFF)[SPECIAL PACKAGE] Payroll Services for Executive Role (20% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration (20% OFF) + Office Service (25% OFF)[SPECIAL PACKAGE] Company Registration + Micro Finance Services (25% OFF)[SPECIAL PACKAGE] Property Assistance: Due Diligence + AJB Purchase/Lease Agreement (25% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesServices Company Registration Renting Virtual and Serviced Office Mergers and Acquisitions Business and Import Licenses Corporate Recovery and Insolvency Closing of Company (Dissolution) Land and Property Ownership Shelf Company Local NomineeServices Accounting and Tax Reporting Audit and Review Transfer Pricing Compliance Tax RefundHuman Resource Sub Services Payroll Outsourcing Employer of Record Recruitment and HR Establishment Employment ServiceServices Business Visa Work Permit and KITAS Dependent Visa (Spouse and Family) OtherBusiness Visa Subservices Business Visa Visit Visa Visa ExtensionServices Medical Device Beauty (Skincare and Cosmetic) Food and Beverage Health Supplement Household Product Halal Certification TrademarkServices Legal Consultation Legal Agreement Service Due Diligence and Background Check Company Documents RevisionBusiness Advisory Business Advisory Services ESG Reporting & Advisory Internal Audit Risk ManagementMore Services Market Research and Analysis Local Distributor and Partner Bank AccountMessageSubmit What you’ll get A prompt response to your inquiry Knowledge for doing business from local experts Ongoing support for your business 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. More on Secretarial Services How to Draft Conditional Sale and Purchase Agreement of House in Indonesia Read more Everything to Know about Real Estate Transaction in Indonesia Read more Why Seeking Advice from A Legal Consultant is Important for Your Business in Jakarta Read more