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.
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To help businesses survive during this unfortunate time, InCorp provides corporate recovery in Indonesia and insolvency services.
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InCorp provides Virtual Office services Indonesia in various locations: Jakarta, Bali, Semarang, Surabaya, and Batam.
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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.
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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.
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An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner.
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Register a trademark is necessary to avoid legal issues in the future. InCorp can help you with Trademark Registration services in Indonesia.
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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.
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Transfer Pricing in Indonesia occurs when a company performs an internal transaction within the same business group or its subsidiaries
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IMEI Registration in Indonesia is necessary to ensure telecommunication devices from abroad can function properly in Indonesia.
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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.
Semarang is strategically nestled in the heart of Java, Indonesia. It is an ideal destination for business investors seeking to establish a company. Its advantageous location provides easy access to neighboring economic powerhouses like Singapore, fostering cross-border trade and investment opportunities.
Furthermore, Semarang is a vital gateway to major Indonesian cities such as Jakarta and Surabaya. Indonesia’s demographic landscape, with approximately 70% of its population under the age of 39, totaling 122 million potential workers, enables Semarang to offer cost-effective business setup and operations compared to other Southeast Asian cities.
Consequently, the city has witnessed rapid growth in company registrations, with 31% of the country’s startups choosing Semarang as their base. Additionally, Semarang boasts a unique, serene environment that distinguishes it from other urban centers.
Semarang, strategically nestled in the heart of Java, Indonesia, is an ideal destination for business investors seeking to establish a company. Its advantageous location provides easy access to neighboring economic powerhouses like Singapore, fostering cross-border trade and investment opportunities. Furthermore, Semarang is a vital gateway to major Indonesian cities such as Jakarta and Surabaya.
Indonesia’s demographic landscape, with approximately 70% of its population under the age of 39, totaling 122 million potential workers, enables Semarang to offer cost-effective business setup and operations compared to other Southeast Asian cities. Consequently, the city has witnessed rapid growth in company registrations, with 31% of the country’s startups choosing Semarang as their base.
Additionally, Semarang boasts a unique, serene environment that distinguishes it from other urban centers.
If you are considering launching your business venture in Semarang, Indonesia, it’s crucial to familiarize yourself with the company registration process. This applies whether you are a local entrepreneur or an international investor.
The initial step in registering a company in Semarang involves determining your preferred business structure. Choices include a Limited Liability Company (PT), a Representative Office, or a Joint Venture. Each option has prerequisites and advantages, necessitating careful selection based on your business objectives.
Semarang offers several types of legal entities for your company registration. Each comes with merits and demerits, depending on your business needs. These include:
Read more: Company Registration Indonesia Update: Annual License Renewal is No Longer Needed.
Also known as Penanaman Modal Asing (PMA), this entity allows foreigners to conduct commercial activities in Semarang and Indonesia under Indonesian Company Law. Foreign ownership percentage is determined by the Negative Investment List, a guideline provided by the Indonesia Investment Coordinating Board (BKPM).
Key characteristics include a minimum investment plan of IDR 10 billion, a minimum paid-up capital of IDR 10 billion, and the possibility of 100% foreign ownership.
Read more: A Complete Guide of Indonesia Company Registry
It is reserved for Indonesian citizens by law with 100% ownership. Therefore, foreign investors won’t be granted incorporation. Minimum capital investment varies based on the size of the company.
A foreign parent company often establishes a KPPA for overseeing their business in Indonesia or when they are preparing to set up a PT PMA in Semarang. A KPPA can do limited activities, and income-related and sales transactions are prohibited.
Read more: Trading Company Indonesia: Why Open it in Semarang and How
Whether an indigenous entrepreneur or an international investor, a thorough grasp of these prerequisites is indispensable for registering your company in Semarang. Below, we outline the critical requirements for establishing a company in Semarang:
Choose an exclusive and available name for your enterprise that does not infringe upon existing trademarks. Ensure that the name complies with Indonesian language and character requirements.
Assemble the requisite documents according to your selected business structure. Commonly required documents encompass your company’s Articles of Association, identification papers, a comprehensive business plan, and evidence of initial capital.
Present your documentation to either the Semarang branch of the Indonesia Investment Coordinating Board (BKPM) or the Regional Office of the Ministry of Law and Human Rights. Pay the necessary registration fee and await the approval of your company. This process typically spans from a few weeks to several months, contingent upon the complexity of your business.
Upon successful registration, secure the obligatory business licenses and permits. These may encompass a business license (SIUP), a taxpayer registration number (NPWP), and a company registration certificate (TDP).
If applicable, enroll your workforce in social security programs like BPJS Ketenagakerjaan and BPJS Kesehatan.
Conclude the process by establishing a corporate bank account in Semarang to oversee your business finances.
Please remember that the specific prerequisites and procedures may diverge based on your business category and Semarang’s location. It is highly advisable to seek guidance from a local legal or business consultant to ensure a seamless registration experience for your Semarang-based company.
The process of registering a company in Semarang, Indonesia, necessitates the submission of various documents to the relevant authorities. These documents are crucial as they substantiate the legitimacy of your business and its adherence to Indonesian regulatory standards. Below, we provide a list of the pivotal documents indispensable for the registration of a company in Semarang:
A notarized document outlining the company’s name, objectives, organizational structure, and capital.
Copies of identification documents for all shareholders and directors, encompassing passports for foreign individuals and national IDs for Indonesian nationals.
Attain an NPWP for your company and ensure all shareholders and directors possess individual NPWP numbers.
A comprehensive business plan delineates your company’s objectives, activities, financial projections, and market analysis.
Furnish substantiation of the initial capital injection, including bank statements or correspondence from financial institutions.
A permit issued by local government authorities or the BKPM authorizing your company to operate within Semarang.
This certificate, conferred by the Ministry of Industry and Trade, attests to your company’s legal existence.
Documents confirming your right to utilize your company’s physical premises, such as a lease agreement or property deed.
It is crucial to remember that the precise document prerequisites can fluctuate depending on your selected business framework and the specific location within Semarang. Seeking guidance from a local business specialist or legal consultant is advisable to ensure you possess all the requisite documents for a successful company registration in Semarang.
When embarking on registering a company in Semarang, Indonesia, one of the most common questions is, “How long does it take?” The timeframe for company registration can vary depending on several factors, including the type of business structure you choose and the complexity of your enterprise. Here’s a general overview of the typical timeframe involved in registering a company in Semarang:
Before officially beginning the registration process, you must prepare all the necessary documents and meet the requirements. This phase can vary depending on how quickly you can gather all the required paperwork. It’s essential to have everything in order before proceeding.
Once you’ve gathered all the required documents, you’ll submit them to the relevant authorities. This is usually done in Semarang’s Semarang branch of the Indonesia Investment Coordinating Board (BKPM) or the Regional Office of the Ministry of Law and Human Rights. The submission process typically doesn’t take too long, but it depends on the queue and the efficiency of the local offices.
The processing time for company registration can range from a few weeks to a few months. This timeframe can be affected by the complexity of your business structure, the workload of the local authorities, and any potential delays in document verification.
Once your company’s registration is approved, you’ll receive the necessary licenses and certificates. This is a significant milestone in the registration process, as it signals that your company is officially recognized and legal to operate in Semarang.
After obtaining the necessary approvals and licenses, you may need to complete additional steps, such as opening a corporate bank account, registering for social security programs, and fulfilling industry-specific requirements.
It’s important to note that after registering your company, you must maintain ongoing compliance with Indonesian regulations, including tax reporting and annual reporting requirements.
To navigate the registration process smoothly and minimize delays, it’s advisable to work with local legal or business consultants who are well-versed in the requirements and procedures in Semarang. They can provide valuable guidance and ensure your company registration proceeds efficiently.
The best type of legal entity for foreign investors is the PT PMA, which offers investors up to 100% foreign ownership with permission to hire foreign employees. If unsure, you are welcome to consult our professionals at InCorp.
As an InCorp client, you will get the best of both worlds: the joint expertise of our local legal specialists and international consultants. Together, we will be able to provide you with the specialized and customized assistance that you need for your company registration in Semarang.
You even have the alternative to open a company in Semarang without being in Indonesia. Contact us now for more information. Fill in the form below.
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.
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.