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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 todays 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.
If you have been planning to start a foreign-owned business in Indonesia. One of the first few barometers you should be well acquainted with is Indonesia’s EoDB (Ease of Doing Business) – The World Bank has placed Indonesia at rank 73, with an improvement of 1.4% score change. The World Bank has also reclassified Indonesia with a middle-income status in early 2021. This is largely in lieu of its consistent economic growth (prior to the COVID-19 crisis).
As the Indonesian government continues to digitalize its ecosystem, we can expect the time taken to set up a company would shorten and with lesser clicks. However, snappy this process might be, it is imperative new business owners have a good grasp of the foundation when it comes to regulations on setting up a business in Indonesia. To start you off on the right foot, we have compiled a list of FAQs.
Firstly, there are 3 common types of legal business entities in Indonesia.
The prevailing document and regulation new business owners need to refer to is Indonesia’s Positive Investment List (previously referred to as Indonesia’s Negative Investment List – DNI)
The foreign ownership percentage share, entity types (i.e.: PT, PT PMA, RO), business sectors, and business lines (locally referred to as KBLI) is outlined in Indonesia’s Positive Investment List. It is a comprehensive document that details thousands of KBLIs, each with a different set of regulations. It is therefore important to first understand what KBLI your business falls under.
Starting a business in Indonesia ranges from 1 to 3 months – the time taken is highly dependent on how quickly business owners are able to send company documents, deeds, and reports to their market-entry consultants to fulfill the process. Companies that have their full set of documents ready can start operating in under 30 working days, from the time their documents are submitted to the Indonesian authorities.
A Domicile Letter (locally referred to as a Surat Keterangan Domisili) is legal proof that you have registered your company’s office location or address. All foreign-owned companies are legally required to own an office during the process of their incorporation. To obtain a Domicile Letter, all that is required is an office lease agreement. Domicile Letters are issued by both the Kelurahan (administrative village) and Kecamatan (city/regency’s subdivision). It is worth noting, a residential address is unacceptable as a business address.
For business owners who are looking to start small, a Virtual or Serviced Office is a total solution for obtaining your Domicile Letter, and space for small teams to remain productive.
To start a PT PMA in Indonesia, business owners are required to invest a paid-up capital of IDR 10 billion (approx. USD680,000+). This paid-up capital is required at the start of the company incorporation and excludes building and land assets. This regulation was passed in June 2021 with no details on sanctions, should a company fail to meet these requirements.
The Indonesian economy is mainly sustained by Micro, Small, and Medium Enterprises (MSMEs) – it generates 50% of its GDP and accounts for the largest (approx. 58 million) MSMEs in ASEAN. It is often regarded as the backbone of Indonesia’s economy and requires the segment to flourish.
A Branch or Representative Office in Indonesia is commonly used for but not limited to, market research of investment opportunities, building early-stage market presence, building vendor relations, branding, and promotions, research, and development. A Rep Office is also suitable for companies who are looking to set up a back or support office (e.g.: call centers or design houses).
From the examples listed above, the common thread that lies between them is, these business activities do not generate revenue for the business – this remains the key characteristic of a Rep Office. To provide a clearer idea, here are some activities a Representative Office in Indonesia cannot carry out.
The answer to your question lies in Indonesia’s Positive Investment List (previously referred to as Indonesia’s Negative Investment List – DNI). Please scroll up to question 2 in this FAQ for more.
Yes, a foreign-owned company can employ foreigners and sponsor their work permits (locally referred to as a Work KITAS). However, it is important to note, some sectors do not permit foreign employment. Here are
HR is often the main obstacle for newly set up companies, find out how we can help recruit, select, and draft employment contracts with our HR consulting capabilities.
The key steps to starting a business in Indonesia are as follows:
The following documents must be submitted to BKPM to start a foreign company PT PMA in Indonesia:
The incorporation of a PT PMA requires at least two shareholders – a President Commissioner and a President Director. At least one of the shareholders has to be a foreign national or foreign entity.
OSS is a new licensing application administered by BKPM – Indonesia’s Investment Coordinating Board. It is an online platform designed to improve the ease of doing business in Indonesia by housing all company-related information into one platform thus facilitating business players to acquire their business licenses related to their company and sector with more efficiency. It is also a central system used by various Indonesian government authorities and agencies – including the General Law Administration System, the Indonesia National Single Window (INSW), and the Information System of Population Administration.
As a leading consulting firm, we are here to help build better businesses and their communities in emerging SEA countries. Our client portfolio includes global players such as ExxonMobil, Tokopedia, Samsung, and Tencent. Our vast suite of in-house capabilities enables us to customize turnkey solutions to serve our clients and their unique needs.
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.