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.
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.
In an effort to create an attractive business environment for foreign investors and reduce the complexity of Vietnam’s policy by digitalisation, the Vietnamese government did a huge step towards becoming one of the global business hubs.
Recently, the government issued Decree 119 (Decree No.119/2018/ND-CP) on the use of e-invoicing systems in Vietnam(electronic invoices) for the sale of goods and the provision of services which enters into force from November 1, 2018.
Once Decree 119 is effective, enterprises, economic organizations, households or individuals companies will be granted a two-year long transition period—until October 31, 2020—after which e-invoicing must be used.
Based on Decree No. 51/2010/ND-CP and the Decree No. 04/2014/ND-CP businesses that have already purchased printed invoices directly from the tax department or printed their invoices internally or externally can still use them.
However, every entity and individual in Vietnam is obliged to adopt the online invoicing system until November 1, 2020.
The purpose of the new system is to crack down the invoice fraud and encourage enterprises to participate in the nation’s effort to become more digitalised.
The government categorized e-invoices into two types:
Companies that can use e-invoice without a tax verification code include those in industries such as
On top of that, businesses which have electronic transactions directly with the government or those which are equipped with the accounting software, accounting and e-invoice software complying to regulations set out by the authorities, are exempted from using e-invoices with verification codes.
From 2020 onwards, the use of electronic invoices tax verification codes will be extended as a requirement for self-employed individuals and companies with annual turnover of more than VND 3 billion(US$103,400), and more than 10 employees. Sectors that are included in this new rule are agriculture, forestry, fishery, and construction.
Besides, individuals and companies in trade and service industry with revenue of at least VND 10 billion (US$428,000) annually will need e-invoices with tax verification codes as well.
Early adoption of e-invoicing system brings many benefits to enterprises, such as cutting down transportation expenses, decreasing administration expenses, minimizing transaction fraud, providing transparency and most importantly scaling down the overall operational costssignificantly.
The traditional and manual system how to send paper invoices via post delivery in Vietnam is expensive. Every 200 invoices cost a company US$100 with additional delivery charges of US$100 to US$200.
The new e-invoice system will only cost a company US$15 for 300 pieces of e-invoices and up to US$15,000 for 1,000,000 e-invoices with zero cost in delivery or additional charges. As a result, businesses will be able to achieve up to a 90% cost-saving.
In other words, the government expects a VND 1 trillion (US$ 43.9 million) saving with 2.5 billion e-invoices issued annually.
Therefore, the best time for companies to embrace the e-invoices in Vietnam is now.
Not only it is mandatory for most Vietnamese entities and individuals in business, but the cost-saving for these subjects is enormous. However, the introduction of e-invoice is not without its challenges when moving from paper invoicing to e-invoice.
During every stage of its implementation, Cekindo provides an end-to-end service that includes the collection of required documents, registration and application of e-invoice system, an organization of training courses, and other consultation assistance for every business process.
Contact us today and get a free quotation on adoption of e-invoicing system in your business.