If you dream of doing business in Bali by starting your own spa business, now may be the perfect time to do so. In 2018, there were more than 6.5 million foreign visitors flocking to Bali, making tourism industry grow at an exponential rate, particularly in accommodations, fitness and wellness industries.
While running a successful spa business in Bali is not as simple as it may sound, it can be extremely rewarding in terms of its future prospects. According to the Negative Investment List (NIL), a spa business is not listed in this regulation and thus, foreigners can have as much as 100% ownership of a spa with PT PMA in Bali.
Global Wellness Institute has also reported that there are now 21,595 spas in 210 countries all over the world, including Indonesia. The earning is even more shocking: approximately US$77.6 billion a year. This growth of spa business has shown no sign of ceasing due to the increasing health awareness.
Before you go ahead with the spa business setup in Bali, like any other businesses, you must consider the things written in this guide to have a smooth entrepreneurial sail!
Your spa environment must feel safe and comfortable for your customers. Always make sure that you meet the quality and safety regulations in Indonesia to ensure a flawless performance.
Here’s a checklist to get your spa facilities in order:
A marketing strategy should already be in place before the first day of your spa operation. The strategy can include the following items:
A spa setup has paperwork, licenses and mundane administrative tasks to deal with. These tasks are critical as they can actually be detrimental to your business if you fail to handle them properly.
You should make sure these administrative tasks below are well taken care of:
If your business does not have the capacity to perform these tasks in an effective manner, consider outsourcing to a third party.
Other factors you should consider before the grand opening of your spa business:
You need to also consider the requirements for setting up a spa business in Bali. In general, the requirements are summarised as follows:
Other than the tips Cekindo has provided for your spa business in Bali to start and thrive, you will also need to choose an experienced consultant to work with to solidify your business success.
With a team of professional consultants and legal experts, Cekindo is here to assist you with company registration process in Bali as well as securing necessary permits and licenses, among others.
Reap the rewards of running your spa business in Bali, start by getting in touch with us now. Fill in the form below or visit us on-site in Badung.
