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.
Doing business in Indonesia, especially when you are about to start, has been made easy because of the governmental reform. We have also seen a lot of success business examples. However, the fact is that not every business will be successful in Indonesia. Although no one wants failure for their businesses, entrepreneurs should always be alert of the warning signs that tell your business might be failing.
Being able to notice the telltale signs will spare you from further substantial losses. Here are the signs indicating that your business might be in serious trouble and how you can avoid it when doing business in Indonesia.
Unable to Pay Bills on Time, or at All
Unless you have bad organisational skills or a bad memory and forget to pay your bills once in a while, frequent missed payments means that you are in a serious mess. Being able to pay your bills is one of the top priorities of being a successful business as it reflects your financial stability, trustworthiness and reputation.
This is a critical issue and as a business owner yourself, you need to attend to it as soon as possible. Ignoring it can lead to more severe cases that might involve legal actions from creditors. What is more, it is also time for you to look deep into your ability to continue running the business.
Sales and Revenues Are Low
This is a really big sign. One of the most important reasons entrepreneurs run a business is to generate sales and profits. You are heading towards failure if your sales and revenues are repeatedly low for several months. Even worse, if your sales or revenues keep decreasing further in the following months, your business is considered done.
So if you are in this situation, it is time for you as a business owner to figure out what actually goes wrong. Have you targeted the wrong audience? Have your sales team missed the selling points of your services or products? Or perhaps you don’t put enough effort in your marketing? The list goes on. Whatever the reason may be, you must act now to prevent further downfall.
Your Business Is Unheard by the Public
If no one has talked about your business, visited your website, or even leave a comment on your social media platforms, chances are, the public might not even know your existence. You are in a more serious slump if your friends and family do not even know what your business is all about.
One of the most obvious evidence your business is actually growing is the presence of online review. You should be able to see increasing reviews about your business if your business is evolving.
Otherwise, it means that no one has used your services or products before. Furthermore, with no review to be found anywhere, potential customers will be suspicious of your business legitimacy.
Not Having a Competitive Edge
In this extremely competitive market in Indonesia, you need to have something unique to stand out from the crowd. If your business solves the same problems with the same branding like any other businesses of the same industries, guess what, you’re just waiting for the doomsday.
Therefore, think about this: what can your company do differently for your customers, in terms of product offerings, benefits, product or service innovation, and branding? Can you solve a problem that your competitors cannot?
Doing business also means never stop learning from the successful business so you can decrease the risk of possible failure, get more insight through the following article Learn from TOP 10 Indonesian Companies in 2018
If, unfortunately, you need to wind down your business due to financial reasons, or simply because you’ve had enough of the business, Cekindo can help with the process of company dissolution for both PT and PT PMA.
Our team consists of professional consultants and experienced legal specialists who can help you manage the entire liquidation process efficiently without any future legal obligations.
Contact us for a personalised plan now by filling in the form below. Or, visit our offices in Jakarta, Bali and Semarang.
An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.