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.
Throughout the pandemic, which has been the reason for the nationwide economic slowdown, Indonesians have taken a serious interest in investment activities. One can be measured from a significant jump in the number of traders in the past two years, especially in the cryptocurrency trading department. This phenomenon arises primarily due to substantial celebrity endorsers like Elon Musk and influential political figures.
As of 2021, it is said that cryptocurrency holders in Indonesia saw an 85% rise, from 4 million people in 2020 to 7.5 million people and growing. This puts Indonesia in the top 30 countries for cryptocurrency holders in the world. Taking into account the total population, this means that the cryptocurrency holders make up only a little over 2.5% of Indonesia’s population. Since Indonesia is the 4th largest country worldwide, there is still significant room for growth in Indonesia’s finance industry, most notably in the blockchain sector.
The growth of cryptocurrency trading in Indonesia is propelled by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) legalizing Bitcoin as a commodity in 2019. Over time, BAPPEBTI continued to legalize several cryptocurrencies in Indonesia as a commodity that can be traded on an official exchange.
Trading cryptocurrency in Indonesia has never been easier than in the past two years. All people need to do to join in on the hype is a stable internet connection, a smartphone, and some capital. With the ease of making cryptocurrency investments, a number of crypto exchanges have been sprouting with different deals to make crypto trading even easier and even more accessible. This has led to a rise from USD 4.5 billion in 2020 to USD 50 billion by the end of 2021.
With cryptocurrency regulation in the country having only seen a couple of years of existence, there is still a widespread amount of uncertainties regarding the details. One thing that is certain, the use of cryptocurrencies is purely a tradable product or an investment and not a currency like Rupiah.
Any crypto assets that are traded must first obtain a business license under BAPPEBTI following Regulation No. 8 of 2021. Three main points need to be considered in order to be a tradable crypto-asset it must:
The AHP is based on some considerations, including the coin market cap, involvement of the coin in significant international transactions, the economic value of each coin, and risk assessment. BAPPEBTI has approved 229 tradable crypto assets, including Bitcoin, Ethereum, Ripple, and meme coins such as Dogecoin and Shiba Inu coins.
Once the crypto asset trader conducts the initial requirements, a number of other conditions are to be considered, such as a minimum capital of IDR 80 billion, with maintained equity of IDR 64 billion, and an established company structure made up of 6 divisions as a prerequisite with official trading rules.
Success in registering the business and obtaining a license from BAPPEBTI, crypto-asset transactions listed below can then be facilitated:
All crypto-asset transactions must be reported to BAPPEBTI at the end of every month and conducted in a registered exchange.
The growth of cryptocurrency trading in Indonesia has seen a very drastic uphill climb from its early days of negligible numbers of traders. According to the Ministry of Trade, Indonesia has over 6.5 million crypto investors. That number suggests that there are more than the total of retail investors recorded in the stock exchange.
Seeing that only about 40% of Indonesia’s population is invested in cryptocurrency, there is certainly more than ample space for growth in the country. It can be seen by the already accountable growth of the 62% increase in crypto traders from the start of the Covid-19 pandemic to now. This spike is definitely not showing any signs of slowing down. Every data coming out of crypto exchanges in Indonesia states that the country is rapidly adapting and embracing the crypto trends.
Additional data that shows high positivity in future growth is that the number of crypto traders is estimated to be around 18-34 years old, with most of that group being in their late teens. Taking this into account, the future of crypto cannot be more promising.
With this potential growth, it is common to see international players turning their heads to Indonesia as a future space for crypto trading. This is seen by major crypto trading exchanges like Luno and UpBit, which is part of the prestigious 100 biggest trading platforms in the world, making their way to the country. With government regulations getting friendlier for crypto trading, the 1% number of crypto traders in the country is just the start according to the head of the Blockchain Association 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.