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.
Southeast Asian countries, particularly those in the Association of Southeast Asian Nations (ASEAN), are predicted to experience positive economic growth.
There was a palpable sense of optimism at the World Economic Forum Annual Meeting in Davos, Switzerland. The ASEAN bloc, consisting of ten countries and over 660 million people, has a total GDP of USD 3.3 trillion, with Indonesia being the largest economy.
The Organisation for Economic Cooperation and Development (OECD) foresees ASEAN’s GDP growth to be 5.2% in 2022 and 2023. However, economic growth varies significantly by country, with the Philippines being on the high end and Myanmar on the low end.
The positive economic outlook for ASEAN is attributed to various factors, including the region’s strategic geographic location, abundant natural resources, young population, and the continued implementation of economic reforms and policies.
Additionally, ASEAN has been able to mitigate the effects of the global economic downturn by strengthening its intra-regional trade and investment, deepening economic integration, and diversifying its trade partners.
However, the bloc still faces challenges, such as infrastructure gaps, income inequality, and geopolitical tensions. Nevertheless, ASEAN’s prospects for sustained economic growth and development remain promising. The region constantly attracts significant investment and attention from domestic and foreign investors due to the developing local market.
Read more: Indonesia Outlook 2023: Potential in the Mining Sector
The manufacturing sector faces challenges due to downward pressure on demand in advanced economies, rising interest rates, and inflation.
However, there are several reasons to expect capital inflows into manufacturing in ASEAN states to continue in 2023, such as the shift of supply chains from China, the cost-effectiveness of ASEAN-made goods, and preferential incentives and policies implemented by ASEAN governments to capitalize on this shift.
The tourism sector has faced challenges across ASEAN states since the start of the pandemic. However, there are several reasons to expect 2023 to be a more positive year for the sector, such as the reopening of travel from China and returning demand for tourism elsewhere in the world.
ASEAN states have also developed programs to attract foreign arrivals, such as Malaysia’s digital nomad visa program and Indonesia’s second home visa scheme.
The digital economy across ASEAN-6 (Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is expected to reach a gross merchandise value of USD 200 billion by the end of 2022 and USD 330 billion by 2025.
The region saw the emergence of 100 million new internet users over the past three years, with internet adoption being enhanced by the pandemic.
The expanding digital economy offers enormous opportunity scope in digital financial services, particularly for most of Southeast Asia’s unbanked or underbanked and for MSMEs that need formal credit histories.
Fintech companies can plug this gap by issuing microloans with terms and maturity that are small and short, which borrowers can receive within 24 hours.
President Joko Widodo of Indonesia received the ASEAN chairmanship from Cambodia during the 40th and 41st ASEAN Summits in November in Phnom Penh.
For Jokowi, the ASEAN summit is an important regional stage during his final year as the President of Indonesia, with international recognition. Indonesia chairs ASEAN once a decade, with its previous chairmanship occurring in 2011.
Indonesia has a massive infrastructure deficit, and the government has recently invested heavily in infrastructure projects. This trend will continue in 2023, with more investment in roads, ports, airports, and other infrastructure projects, especially with the rapid development of Indonesia’s new capital project.
Indonesia’s healthcare industry is still in its early stages but is overgrowing, driven by increasing demand for healthcare services and a growing middle class. As a result, more investment will go into healthcare in 2023, particularly telemedicine, medical devices, and pharmaceuticals.
Indonesia has vast renewable energy potential, including solar, wind, and geothermal. An enormous investment will go into renewable energy in 2023 as the government seeks to reduce its reliance on fossil fuels and meet its climate change commitments.
Indonesia aims to welcome as many as 7.4 million tourists by 2023 to generate approximately US$5 billion in revenue. However, this falls short of the pre-pandemic figures of 16 million foreign visitors.
Therefore, the country’s tourism ministry has permitted foreign investment in the sector to promote sustainable tourism development. It includes developing sustainable-based tourism projects, five priority tourist destinations, and eight special economic zones dedicated to tourism.
The ministry has emphasized that these investment opportunities are worth a total of US$1.5 billion and have the potential to create 1.5 million new jobs.
Here are further elaborations on the three significant challenges Indonesia faces as the chair of ASEAN in 2023:
As a chair, Indonesia must navigate these competing interests and find ways to unite member states to achieve common goals.
Indonesia must encourage further integration and reduce trade barriers among member states. It may involve harmonizing regulations, lowering tariffs, and facilitating cross-border investment.
With tensions over territorial disputes and the threat of terrorism and extremism in the region, Indonesia must strengthen ASEAN’s existing security frameworks, such as the ASEAN Regional Forum and the ASEAN Defense Ministers Meeting Plus.
To conclude, this opportunity is integral for Indonesia. Therefore, businesses may make the best use of the momentum. In doing so, InCorp Indonesia (formerly Cekindo) provides services for the company and product registration and immigration for companies seeking such services.
By partnering with InCorp Indonesia, businesses can focus on their core operations and objectives while leaving the regulatory and administrative tasks to a reliable and experienced partner.
An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
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.