Cekindo Business International is now InCorp Indonesia. Learn more.
InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
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.
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.
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 country’s 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.
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.
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Learn how to go through halal certification in Indonesia directly from experts successfully.
Learn more about the health supplement product registration services in Indonesia.
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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.
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 today’s 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.
InCorp can help foreigners to get the driving license in Indonesia, whether SIM A or SIM C. Check out the requirements and the procedure, here.
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.
The recent enactment of Indonesia’s Positive Investment List (Daftar Positif Investasi – DPI), has a knock-on effect on its Tourism sector. DPI has opened up wider possibilities for foreign investors to participate in Kawasan Strategis Pariwisata Nasional (KSPN), or commonly referred to as the “10 New Bali”- a nationwide project to expand Indonesia’s tourism investment climate beyond well-known Bali.
The new Positive Investment List has deregulated many sectors and business lines that were previously prohibited or partially open for foreign investment. Among these business lines include golf fields, themed parks, five-star and four-star hotels that have now been reclassified as Priority Sectors under Indonesia’s Positive Investment List which opens up opportunities for 100% foreign ownership.
What does it mean for foreigners entering Indonesia’s Tourism Investment?
For decades, Bali has been considered the epicenter of Indonesian tourism investment. In 2019, the number of international tourists in Bali grew to 6.3 million, up by 3.6%, from 6 million in 2018.
Bali’s economic output fell by 9.3% in 2020, making it the most affected province in Indonesia. However, the Bali government has started taking some serious strides towards reinvigorating its economy.
In early March, Bali launched a drive-thru vaccination that aims to inoculate 5,000 people, which accounts for half of the hospitality manpower living in Bali. Bali Governor, Wayan Koster hopes to vaccinate 2.5 million out of 4.5 million Bali residents by July when he targets reopen Bali for foreign travelers. Bank of Indonesia has forecasted Bali to recover 50% of its inbound tourists by the middle of 2021.
The tourism sector’s contribution towards Indonesia’s Gross Domestic Product (GDP) has increased from 11% in 2016 to 15% in 2019. With borders reopened and expected decline in social distancing through 2021 to 2022, Indonesia’s growth is projected to rebound to 4.4% by the end of 2021.
So what would Indonesia’s tourism sector look like if it had more than one Bali? Enters the government 10 New Bali project that aims to replicate Bali’s economic effect across 10 other islands.
Consisting of over 17,000 islands, the archipelago has many more destinations with unique offerings that have yet to be discovered. Here are the new destinations that form Indonesia’s 10 New Bali Project:
Mandalika is specially designed as a tourism economic zone. Located on the south coast of Lombok Island, its other attractions include surfing spots and Gerupuk Village. The Government is also currently building a world-class MotoGP circuit in Mandalika which is expected to be completed by June 2021.
Holding the title of the world’s largest Buddhist temple, Borobudur supports Indonesia’s reputation as home to cultural world heritage tourism. The temple houses no less than 2,672 painted reliefs and 504 Buddha statues, making it comparable to Cambodia’s Angkor Wat and Myanmar’s Bagan Temple.
Occupying the caldera of a supervolcano, Lake Toba set in an area with ample opportunity for the continued expansion. Attractions in surrounding land include pine forests, waterfalls, and museums, where you can learn about the local Batak’s ways of life.
Located in the westernmost of Java Island, Tanjung Lesung offers a bunch of holiday accommodation and beach activities. Its location is also close enough to gaze at the legendary Krakatoa Volcano.
Stretched out 45 kilometers into the Java Sea, these scattering 110 of small islands is only a stone’s throw away from the capital city of Jakarta. Although the destination may not really carry the weight of its namesake, It’s still a perfect mix of marine activity and heritage tourism thanks to Dutch colonial fortresses.
Mesmerizing rock formations litter this unique beach location that coupled with calm seawater that’s suitable for swimmers, undeveloped coastline, makes it a charming location for further enterprise.
Located in the middle of a plain called ‘Sea of Sand’, Mount Bromo is included in the Bromo Tengger Semeru National Park, one of the most visited tourist destinations in East Java.
A beautiful fishing town located at the western end of the large island of Flores in the Nusa Tenggara region of east Indonesia. With a local population eager to engage with tourists, Labuan Bajo is full of ample opportunities for visitors to experience what life is like in a small-scale rural Indonesian setting.
A luxury dive resort in a tranquil island setting far from crowds and cities. Wakatobi seamlessly blends five-star amenities and civilized comforts with a pristine natural environment; a pairing that has secured its reputation as one of the world’s finest diving and snorkeling destinations
An island of panoramic views, Morotai Island is popular with those interested in diving or fishing. Sits in the northernmost of the archipelago, its untapped beauty is begging to be developed with sensitivity and creative thought.
Some of 10 New Bali destinations, such as Tanjung Lesung, Morotai, Mandalika, and Kelayang, also considered as Economic Special Zone or commonly known as Kawasan Ekonomi Khusus (KEK), where the Government has imposed series of relaxed regulations and incentives for investment, including ease of doing business through Online Single Submission (OSS), as well as fiscal incentives such as Tax Holiday and Tax Allowance.
Although investing in 10 New Bali Project sounds promising at first glance, foreigners still need adequate knowledge regarding the market outlook. Successful market entry strategy usually involves extensive market research as an effective method to get a picture of the characteristics and opportunities in the local landscape.
The market study will help you to answers the following common questions:
As a one-stop market entry solutions company, Cekindo can help manage market research, company setup, outsourcing needs, and compliance requirements.
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