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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.
Balikpapan is located in the heart of Indonesia’s East Kalimantan province. The city is known for its scenic coastal views and as a hub for business opportunities. This article will explore Balikpapan’s diverse and promising business opportunities landscape.
Whether you’re a seasoned entrepreneur seeking new ventures or someone passionate about starting something new, Balikpapan offers many possibilities to explore.
In the first quarter of 2023, domestic investments in Balikpapan City reached IDR 3.94 trillion (1,050 projects). Therefore, the investment is making it the largest in East Kalimantan. Balikpapan City attracted foreign investments totaling USD 15,090,600 in that timeframe, allocated across 188 projects.
Converted to the local currency at the exchange rate of 1 USD to IDR 14,800, the total amounts reach roughly IDR 2.2 trillion. The Department of Investment and Integrated One-Stop Service (DPMPTSP) of Balikpapan City stated that one of the key factors supporting investment in the region is the presence of the Capital City of Nusantara (IKN Nusantara) relocation project to East Kalimantan.
Balikpapan has become an attractive area for business investment due to its proximity to the IKN. Doprtje Marpaung, Advisor to the Mayor of Balikpapan, emphasized that Balikpapan, as a supporting region for the IKN, is equipped with adequate infrastructure and facilities, including service and transportation facilities.
Looking ahead, Doprtje Marpaung also mentioned that Balikpapan aims to be an investment destination and comfortable living place. This way, newcomers will feel at home in Balikpapan. He noted that several countries have already committed to investing in Balikpapan, including Korea, Japan, Taiwan, and others.
Read more: Investing in Balikpapan: Capitalize on Business Opportunities in Indonesia
Embarking on a venture in Balikpapan opens up promising business opportunities ripe for exploration. The city’s dynamic economic landscape offers diverse sectors poised for growth and innovation.
Several business opportunities in Balikpapan are worthy to explore, among others:
Balikpapan is one of the cities in Indonesia with significant opportunities in the palm oil processing industry. With its strategic location as an industrial hub in East Kalimantan, Balikpapan provides promising potential for entrepreneurs looking to invest in palm oil processing.
Good infrastructure support and ample available land are factors that contribute to the development of this industry.
The Pertamina Refinery Unit (RU) V Balikpapan is one of the largest manufacturing industries in Balikpapan. Currently, RU V Balikpapan supplies up to 26% of Indonesia’s total demand for petroleum fuels.
The construction sector in Balikpapan is also supported by the Refinery Development Master Plan (RDMP) for the expansion of the RU V Balikpapan oil refinery.
In recent years, the creative industry in Balikpapan has experienced significant growth. Various innovative products such as handicrafts, fashion, and unique cuisine have received high appreciation from residents and tourists.
Business opportunities in the creative sector are promising in Balikpapan, especially with the local government’s support in developing this field.
Moreover, considering that some offices are targeting to be operational in IKN by 2024, the Balikpapan City Government is currently preparing the tourism industry.
Various types of tourism are being designed, including marine tourism, shopping centers, nature tourism, and artificial tourism.
Balikpapan is a rapidly growing city with a fast-paced economy. With this growth, the property sector has become one of the most promising areas to invest in Balikpapan.
Demand for housing, office spaces, and recreational areas continuously increases, opening open property business opportunities. Especially with the development of IKN, Balikpapan is expected to generate massive property investments in the coming years.
The most likely potential is the demand for residential products and facilities like retail centers and commercial spaces. The ongoing infrastructure development will further enhance the potential of cities like Samarinda, Balikpapan, and their surroundings, attracting the interest of investors.
As the city develops, the demand for education and training services also rises in Balikpapan. The local community is increasingly aware of the importance of education and skill enhancement for children and adults.
The development of Balikpapan City faces several challenges, including geographical and environmental factors.
Balikpapan has a hilly geographical condition with limited flat areas. Approximately 60% of Balikpapan’s terrain consists of hills with elevations exceeding 20 meters. This hilly terrain necessitates technical engineering solutions for development.
The city grapples with various natural disasters, including landslides, fires, and floods. The flood issue is primarily attributed to land use, drainage systems, and flood control methods.
With the designation of IKN’s location, numerous proposals for new housing developments in Balikpapan have been proposed.
Changes in land use can affect the environment, potentially leading to alterations in rainwater drainage systems, which can trigger floods and landslides. The increasing density of buildings can also heighten the risk of fires.
Balikpapan, often regarded as the anchor city for the thriving IKN Nusantara region, has unparalleled economic potential across various industries and sectors.
As the city continues to grow and evolve, it beckons to visionary investors seeking opportunities for expansion and growth. For those looking to capitalize on Balikpapan’s myriad prospects, InCorp Indonesia is your trusted partner.
With our comprehensive suite of services in company registration and business licensing, we’re here to facilitate your seamless entry into this dynamic market. Complete the form below to take the first step toward realizing your business goals in a city of remarkable economic potential.
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.