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.
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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.
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.
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.
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.
Do you have an outstanding business plan and want to start a company in Semarang? No wonder, many foreign investors are attracted to Semarang because it is a great city in Indonesia with abundant resources, strategic location, and bountiful workforce. To start your business, you need to know that the company registration process is among the early steps you need to take in Semarang.
A popular option among foreign entrepreneurs is setting up a PT PMA in Semarang. However, it may be a daunting prospect if you’re not familiar with the local laws and regulations. But, if you get it right, it can be an enjoyable and lucrative one.
This article elaborates the 5 things you need to know about setting up PT PMA in Semarang, read before you make the dive.
PT PMA stands for Perseroan Terbatas Penanaman Modal Asing in Indonesian language. All foreign-owned companies in Semarang and entire Indonesia are considered as PT PMA. It is a limited liability company set up with the injection of foreign capital.
No matter how many shares you own as a foreigner in a business – it can be from 1% to 100% — the business is deemed a foreign-owned company under the Indonesian Company Law.
Please do keep in mind that the percentage of foreign ownership depends greatly on the business classification under the Negative Investment List (NIL). While some business sectors are 100% open to foreign ownership in Semarang, some of them are partially closed or fully closed to foreign investments. Foreigners are advised to keep themselves updated on the NIL as it is often revised, usually once every three years.
The incorporation process of a PT PMA is more demanding than a local company. However, the many benefits that a PT PMA provides outweigh its more complex procedure of establishment. The most alluring benefits are:
PT PMA can Employ Foreigners
A PT PMA in Semarang can sponsor work permits and working ITAS (stay visas) for their foreign employees. In addition, a foreign company in Semarang is permitted to provide business visa sponsorship for their business partners for a short stay in Semarang or Indonesia.
Apply for an Indonesian business visa online to avoid a complicated process.
Foreigners can Have Full International Ownership
Recently, the government of Indonesia has made foreign ownership easier as compared to years ago. Therefore, it is now more common for foreign investors in Semarang to own an international business with 100% ownership without having to partner with local businesses.
Here are the important requirements that foreign business owners need to fulfill before they can set up a PT PMA in Semarang:
Paid-up Capital
IDR 10 billion is the minimum paid-up capital to set up a PT PMA in Semarang. Foreigners can either sign a letter of capital statement, indicating that they have enough money for the capital upon the incorporation or transfer the money to the company bank account.
Location of Business
Foreigners must provide a business address before submitting the company registration application.
Shareholders, Commissioners, and Directors of PT PMA
A PT PMA in Semarang requires a minimum of two shareholders, one commissioner, and one director.
The new regulation No. 24/2018 that has taken effect since June 2018 has simplified and sped up the incorporation process of a PT PMA. Below is a summary of the PT PMA setup process in Semarang:
The entire registration and establishment process, including all procedures, takes 4 to 6 weeks.
Cekindo is a professional business consulting firm that assists investors in establishing their business successfully across Indonesia including Semarang, Jakarta, Bali, and many more. With our unparalleled knowledge and expertise, let us guide you through the company registration process in Semarang.
Get in touch with us today by filling in the form below or visit us directly in our office. Our other offices are also available in Jakarta and Bali.
Lidya provides market entry consultations for FDI in Indonesia with various perspectives in fields such as garment and textile manufacturing, furniture, farming, and engineering. In addition, Lidya has extensive experience advising expats' stay permits in Indonesia.
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