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.
It is no wonder that travel restrictions struck a heavy blow to Bali, the small Island that almost entirely economically depends on the tourism industry including its Villa rental sectors. However, if we look back on history decades earlier, the Island of Gods has always been able to maintain its reputation as the world’s favorite island destination, no matter what calamities wreaked havoc on Indonesia’s social and economic dynamic, building a villa in Bali always been an interesting investment for foreigners.
Take a severe financial crisis in 1998, for example, where Bali’s tourism industry was one of the few economic sectors that successfully preserved the consumer demands, while most other sectors were in distress following the hard devaluation of the Indonesian Rupiah. Most recently, in 2017, Bali’s tourism industry once again showed its resiliency when foreign arrivals had 90% recovered in just three months after Mount Agung erupted that year.
Now in 2023, the villa construction market in Bali is telling us the same tale. Defying the harsh economic influences of the Covid-19 pandemic, many villa construction projects have been started, and interestingly, commissioned by foreigners.
If you are a foreign investor considering investing in Bali’s tourism and hospitality sector, this article will tell you why this is the right time and how you can build a villa in Bali from start to finish as a foreigner.
The changing nature of office work during the pandemic is one of the biggest influencing factors that is projected to boost demand for luxury housing in Bali, as the Island is ranked 370th least expensive place to live out of 589 cities according to Numbeo, the world’s largest cost-of-living database.
In spite of these positive contributing factors, one important question remains. How close is Bali to tackling the COVID-19 pandemic? If we look at Indonesian vaccination statistics, it is the province with the highest rate of vaccination, which has reached above 50% of its total population for second vaccination and 100% for their first vaccination.
As Indonesia’s daily new cases have dramatically decreased since last October – averaging just under a thousand – Bali is already opening their door for certain foreign travelers. This could be a sign that Bali travel and the tourism industry might be on their way to a full recovery.
Read more: Investing in Lombok: Top Reasons to Buy a Villa on the Island
Building a Villa in Bali or buy a villa in Bali can be complicated without the correct guidelines and professional assistance, especially in a country that is riddled with complex land ownership regulations and investment requirements. Below is a step-by-step guide for effectively building your villa in Bali.
A Foreign-Owned Company or PT PMA is the only legal entity that allows foreigners to conduct business or own property in full compliance with Indonesian laws and property regulations.
Even though Bali is a relatively small Island, land prices can differ from corner to corner. In developing and developed areas such as Canggu and Seminyak, land prices are estimated to cost approximately between IDR 600 million and 1.5 billion (USD 40,000 – 105,000) per 100 square meters, while outlying land is priced at approximately IDR 100 million to 350 million (USD 7,000 – 24,000) per 100 square meters.
Indonesia has many forms of land titles and ownership that concern foreign investors building a villa in Bali. Generally, real estate agents and private landowners will refer to either leasehold or freehold property. Contact InCorp for more concise information regarding land ownership in Indonesia.
Building a villa in Bali involves a great deal of time and capital, and requires effective construction management skills. This is important if the projects are to be completed within an established timeline to meet cost limitations and quality requirements.
Choosing an architect suitable to your specific design requirements will not only need an in-depth knowledge of the local market, but also a considerable understanding of the specific style design you desire. Consider getting in touch with Meraki Concept for effective spatial planning and cost estimation to build a villa in Bali.
An Izin Mendirikan Bangunan or IMB is a legal permit that allows the construction of buildings in Indonesia. Before obtaining one, you need to check spatial planning and land zoning regulations per the area your building is to be constructed on. This is because certain lands or zones only allow specific uses of a building. The IMB permit is currently being phased out and will be redundant by January 2022 when it will be replaced by PBG and SLF permits under the new Omnibus Laws overhauling and regulating Indonesian legislation under the guidance of president Joko Widodo’s administration.
Construction costs for building a villa in Bali can start from IDR 6 million per square meter to as high as IDR 14 million per square meter, so finding the right contractor that can deliver services on time, on budget, and meet high standards is quite challenging.
Having a property in Bali requires professional care to make it not only profitable but also sustainable. Villa management services can assist you to create a competitive business model for your property.
Read more: How Foreigners Can Legally Rent Out an Airbnb Villas in Bali
Conducting your property business through your own PT PMA is the safest and most secure way to invest. InCorp, with its comprehensive business setup solutions, cuts the hefty procedures in half and provides hassle-free business registration services.
When acquiring land as a foreign investor, effective due diligence and trustworthy notary services are imperative. InCorp can also help you in setting up your land and property investment plan in the most secure way.
As for villa building operations, the Meraki concept offers exclusive project management services providing high-end design and construction solutions for your project. All of Meraki’s contractors are held contractually liable for construction guarantees and undergo a detailed construction defect snagging process to rectify any construction issues before hand over.
This article is written in collaboration with The Meraki Concept
Holding 11 years of experience in various roles, including project manager, operational manager, and corporate strategist, David Susandi is a prominent figure for many entrepreneurial organizations expanding in Indonesia.
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.