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.
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.
The COVID-19 crisis has forced many businesses to adapt. However, some sectors such as hospitality may be forced to take drastic measures, given the looming negative outlook for global growth. Companies who find themselves in these financially distressed situations can consider the option of Corporate Recovery.
Corporate Recovery is the process of ensuring owners, creditors, suppliers and employees get the best possible outcome. Depending on the degree of financial distress, Corporate Recovery could result in business rehabilitation or business liquidation.
In this article, you will see the three useful services that can help you deal with your financial situation effectively and in an orderly fashion.
a. Corporate Restructuring: Informal Turnaround
Corporate restructuring in the form of informal turnaround is a voluntarily negotiated agreement between creditors and the business. Unlike formal proceedings that are public to everyone and the media, this process is private and thus it is advantageous to businesses.
b. Corporate Restructuring: Formal Proposal to Creditors
As mentioned, formal proposals are public. Businesses can get creditor protection by filing a formal proposal.
c. Business Review
The business review provides a detailed analysis of an organisation’s current financial status and prospects. The review also analyses the priorities and status of both secured and unsecured creditors. A business review is the first step to a corporate recovery in Indonesia to achieve a mutual agreement between a secured lender and a company.
When there are no effective solutions for a company’s debt, the company can seek the last resort – filing for bankruptcy. Filing for bankruptcy can help prevent further losses for shareholders and creditors.
a. Appointment Monitoring
During the process of a turnaround, a company can engage a professional in corporate recovery in Indonesia to act on behalf of a secured creditor by serving as a monitor.
To decrease the burden a company would possibly encounter from stakeholders, the monitor will analyse the operating results and then present the secured creditor with the most updated reports and information.
b. Business Review
A company’s primary secured lender can request a corporate recovery provider to review the organisation’s current financial status and prospects.
The review also analyses the priorities and status of both secured and unsecured creditors. A business review is the first step to a corporate recovery in Indonesia to achieve a mutual agreement between a secured lender and a company.
c. Interim Receiver
The Court may get an interim receiver when a company’s assets or a creditor’s security is at risk. An interim receiver can exercise control on and take possession of assets of the company, as well as its operations when deemed reasonable.
Receivership can help protect or liquidate creditors’ assets which they hold as collateral, as well as dealing with operations and the sale of the business.
Creditor(s) may file for court-ordered bankruptcy when a company will not proceed with bankruptcy voluntarily.
A provider of corporate recovery in Indonesia can also mediate the dispute process when a business relationship goes sour.
b. Deceased Estates’ Corporate Executor
When a business’s principal has passed away with no identified successor to manage operations, a corporate recovery specialist can assist in the operation management until the company resolves the issue.
According to HSBC’s Global Research, Asia continues to see inflows of Foreign Direct Investment, even as the rest of the world sees a decline. This can be seen as a signal that both local and global companies continue to look for structural opportunities to invest in for the long term.
Inaction is a risky approach to managing your business. To build a COVID-resilient business plan, contact the relevant team below to explore your options with us.
Cekindo is one of the leading bodies for corporate recovery in Indonesia. Through our skilled professional and global network, we can rapidly deploy a full range of business restructuring services for your underperforming or troubled business.
Through the years, our professional team has helped clients quickly identify issues, come up with viable solutions, and materialise them with precision and sensitivity.
Edy Tarlesno holds various certifications and a respectable degree to be an expert on internal and external legal compliance in Indonesia. His experience starts from bankruptcy and insolvency, leading to a prominent social foundation consultancy in Indonesia.