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.
According to Your Investment Property, more than one million Australians visit Bali every year, and most of them find themselves investing in the island. Another statistic proving the interest of Aussies in leading business in Bali claims that 4 out of 10 foreigners who consider purchasing a villa in Bali come from Australia.
As the economy in Bali, or Indonesia as a whole, has been seeing rapid growth in recent years (and buying a house or incorporating a company in Australia gets nearly impossible), Australians have started to move north to Bali and doing business there.
Unfortunately, the proximity of both islands does not go hand in hand with legal benefits or loosened restrictions concerning foreign investment in Bali.
This article is going to address some of the requirements you need to know as Australians starting a business in Bali: visa requirements, types of legal entities in Indonesia, local sponsors, and property rights.
We will also suggest ways how to avoid horror scenarios such as an infamous incident of five Australian-owned restaurants closed overnight due to the fraudulent behaviour of their local partner
To enter Bali, the visa requirements for Australians have been less complex over the years, and this trend is expected to continue due to negotiations of both Australian and Indonesian governments about “some kinds of investment protections.”
The general rule when coming to Bali, a passport of an Australian citizen must be at least 6 months valid with enough space for visa stamp on the day you arrive in Bali. This rule is non-negotiable, and you will be denied even getting on the plane to fly out to Bali even in case of a visa-exempt entry.
If you come to Bali for less than 30 days to check the market and do not engage in any form of business activity, you are exempted from acquiring a visa with an Australian passport.
You will get a visa exemption to stamp upon arrival which is non-extendable and single-entry. In theory, it means you could find yourself flying there and back to get a new visa exemption stamp every month. However, this practice, called a visa run, is highly risky and several foreigners have been denied entry from Singapore.
For a stay between 30 days to 60 days, Australians have three options:
A Visa on Arrival is valid for 30 days and only be extended once. You can purchase it directly at the airport and keep the receipt needed for its extension.
A Social and Cultural Visa is valid for a straight 60 days (a sponsor letter from a local Indonesian citizen is required) and can be extended up to 4 times—each extension has stay duration of 30 days. Australian citizens are required to apply for this visa at the Indonesia Embassy in Canberra or one of the Indonesian Consulates in Australia.
However, a business visa is what you need, when considering starting a business in Bali.
For visiting purposes in Bali such as conducting market research or attending a conference, Australians can get a 60-day single entry business visa.
A multiple-entry business visa is also available even online. It is valid for up to 12 months with each visit limited by 60 days.
A business visa holder is not allowed to take up any form of employment in Bali. For work purposes, a Temporary Stay Permit is required as well as a work permit—unless being an owner of the business.
There are several types of business entities open to Australians in Bali, assuming certain conditions are met. The most common vehicles for Australians to jumpstart their businesses in Bali are the foreign-owned company (PT PMA), and the local-owned company (PT).
Other entity types include foreign representative offices.
This is a limited liability partnership that can be owned by a foreigner The percentage of the company that an Australian is allowed to own is subject to the sectors listed in the Positive Investment List (PIL).
A PT PMA company is notorious for its required paperwork and time-consuming nature during its incorporation. Therefore, the application is advised to be attempted with agencies or consultants specializing in PT PMA formation.
The advantages of PT PMA include the ability to sponsor the KITAS/ITAS and RPTKA Approval of Australians. The PT PMA can also hire other foreigners, provided that they are qualified for certain permits.
On the other hand, the disadvantages of the PT PMA are mentioned previously—the process is complex, time-consuming, and costly. The Positive Investment List that determines the percentage of ownership is also subject to periodic change.
A local PT is a limited-liability entity fully owned by Indonesian individuals. This is the least complicated type of entity to establish in Bali,
Local PT is a relatively inexpensive and hassle-free option, and also a good entity to organize. On the flip side, a small-sized local company is not able to employ foreigners and issue work permits.
Avoid Scams
Due diligence of your local partner is an essential step. Do not underestimate the role of your Indonesian business partner and find the one which you can completely trust.
In a nutshell, when starting a company in Bali as an individual, a local company is the best way to go. This mainly concerns Australian citizen who wishes to purchase and rent their villas, open restaurants and bars in Ubud or start family-based businesses in Bali.
On the other hand, a foreign-owned liability company is a perfect choice for those who are planning to build or expand corporations and do not want to share ownership of their company.
The potential rewards for Australians starting a business or a company in Bali are huge. Just like everything else, while looking for a location to set up your business, planning beforehand is crucial.
There are things you need to pay attention to such as building licenses and permits, property rights, and some other restrictions.
For Australians to successfully start a company in Bali, knowing property rights is vital. For instance, Australians are not allowed to own any assets in Bali, i.e. land or property, as an individual.
However, there are some alternatives to considering the right property and land permits for your business.
Right to Build (Hak Guna Bangunan)
This permit allows you to build on certain types of land. These lands are freehold lands (for Indonesians only) and state-owned lands. You can use the land for 80 years, construct your building and run it for 30 years. This permit is designed entirely for Indonesian nationals and local companies.
Right to Use (Hak Pakai)
If an Australian is not able to set up a PT PMA, a KITAS/ITAS or KITAP holder can use this kind of land in Bali for no more than 25 years. Hak Pakai can be extended for a maximum of 80 years.
Right of Strata Title (Hak Milik Atas Satuan Rumah Susun)
The Right of Strata Title, or HMASRS, makes owning a unit of property by Australians possible. The unit means an office or an apartment, in a high-rise building. However, the land of the property does not belong to the unit owner.
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.