How Cogencis Maintains Compliance in Indonesia

How Cogencis Maintains Compliance in Indonesia

InCorp Editorial Team

Table of Content


Cogencis Information Services Ltd. is India’s premier and fastest-growing real-time market data and financial news terminal provider.

Cogencis’ business line involves the provision of real-time market data feeds and financial news to customers through dedicated data terminals.

Thus, Cogencis provides data for various customer industries, focusing on domestic data and news by delivering according to customers’ needs.

Cogencis open up their business all over India—specifically in Mumbai, Ahmedabad, Bangalore, Hyderabad, New Delhi, Kolkata, and Chennai.

In addition, in 2014, Cogencis established a trading representative office in Indonesia to broaden its business market.


Due to help Cogencis expand its target market, we assisted in establishing a representative trading office in Indonesia in 2014. 

As Indonesian law requires, the representative office must regularly submit reports, including the LKPM Report, employment report, tax, and accounting report.

Services Provided by InCorp Indonesia

Cogencis Information Services Ltd. appointed InCorp Indonesia as the principal consultant for their corporate secretarial services compliances, visa, monthly and annual reporting and engaged them to provide the following services in the initial stage:


Being one of the leading one-stop outsourcing solutions providers in Indonesia, Cogencis hired InCorp Indonesia to help with all its company activities which required regular communication and submissions to local legal authorities for it to be able to operate. 

The company outsourced its payroll and tax reporting with InCorp Indonesia to ensure that it could focus on its core business activities instead. As a result, InCorp Indonesia’s finance and legal team delivered well the project given. 

We submitted the LKPM report before the deadline by the BKPM and the WLK and WLKT reports that must be submitted annually.

“We have been engaging the services of InCorp Indonesia for over two years now. While we appreciate InCorp Indonesia’s efforts on our scope of work, there have been certain challenges in terms of timely responses and too many follow-ups from our end. Nonetheless, the staff at InCorp Indonesia is amiable, friendly, and courteous, thereby allowing us to give feedback without hesitation.” Bhoomika Rath – Senior Legal Manager

Challenge and Cross Services

The complete scope of services agreed upon between Cogenis and InCorp Indonesia includes the full range of outsourcing and reporting, including visa agenda and secretarial services that require regular coordination with local regulatory bodies. 

While the process can bring some unexpected delays and challenges, the expected results of all the projects were successfully delivered. Furthermore, the cooperation was extended up to 2015 and until the years ahead.

Daris Salam

COO Indonesia at InCorp Indonesia

With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships.

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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.

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