InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
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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.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
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.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
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 countrys 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.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
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.
Learn more about the SNI 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.
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.
Surabaya, the second-largest city in Indonesia, is rapidly emerging as a hub for the food and beverage (F&B) industry. With a population of over 3 million and a strategic location that connects East Java to the rest of Indonesia and the world, Surabaya offers a wealth of opportunities for F&B investors.
From its rich culinary heritage to its vibrant food scene, Surabaya is a city teeming with potential for those looking to invest in the F&B industry. This article will explore why Surabaya is an ideal destination for F&B investment, including its diverse culinary offerings, favorable investment climate, and growing consumer market.
Surabaya has achieved the second-largest investment realization among all cities and districts in Indonesia, totaling around IDR 29.22 trillion. The Ministry of Investment/Indonesia Investment Coordinating Board (BKPM) awarded the city for this achievement, with 90% of the investment coming from domestic sources.
The award was given to the Mayor of Surabaya, Eri Cahyadi, who expressed his gratitude for the achievement and stated that the investment would help to create jobs and reduce unemployment and poverty in Surabaya.
The investment is expected to stimulate economic growth and supports local small and medium-sized enterprises (UMKM).
Read more: The Growing Potential of Property Investment in Surabaya
Opening an F&B business in Surabaya requires careful consideration and planning.
Entrepreneurs must navigate various legal and regulatory requirements, such as obtaining business and restaurant licenses, securing a suitable location, and complying with tax obligations.
Additionally, they must keep up with the latest trends in Surabaya’s food and beverage industry, prioritizing healthy and sustainable food choices, utilizing local ingredients, and incorporating technology to enhance the customer experience.
With the right strategies in place and a commitment to delivering exceptional quality and service, opening an F&B business in Surabaya can be rewarding.
Surabaya has seen a rapid rise in the F&B industry and continues to welcome such growth. For example, the national electronic commerce company Blibli has partnered with the Indonesian Cafe and Restaurant Entrepreneurs Association (Apkrindo) in East Java to support the growth of cafes and restaurants in Surabaya.
According to Apkrindo’s data, this collaboration is established upon the food & beverage industry’s annual growth of 20% in Surabaya. Blibli aims to strengthen its integrated omnichannel commerce ecosystem by adding the best cafes and restaurants with attractive offers for Surabaya customers.
This collaboration is also part of Blibli’s strategy to increase local sellers in Surabaya. The company aims to add more than 250 food and beverage options guaranteed to be satisfying, affordable, and easy to access for customers in Surabaya.
With this collaboration, Apkrindo hopes to strengthen local F&B businesses after the official PPKM is lifted. The partnership also offers a unique opportunity for customers to enjoy the best culinary experiences with the best price, discounts, and rewards.
Reports have shown a growing interest in foreign investors in Surabaya. Several countries, including Singapore, the Netherlands, China, Japan, and Malaysia, have invested in Surabaya, with Singapore leading the way with an investment value of IDR 1.311 trillion.
Surabaya’s economic growth has also increased, with a 7.17% growth rate in the third quarter of 2022, higher than the 5.58% growth rate of the entire East Java province during the same period.
Surabaya’s potential for economic growth is attracting the attention of foreign investors, which could further enhance its economic development in the future.
Many food and beverage businesses in Jawa Timur are gearing up for the upcoming Ramadan and Lebaran seasons in 2023 and are devising strategies to optimize their revenue.
Moreover, several food and beverage establishments are reopening after enduring the impact of the pandemic, with some even inaugurating new branches during the early part of the year.
One of the growing trends in Surabaya’s food and beverage industry is the emergence of bars and lounges, which offer a different dining experience.
These establishments aim to provide a relaxed and comfortable atmosphere where patrons can unwind, enjoy music, and indulge in delectable drinks and finger foods.
The rising popularity of these bars and lounges is evident in the increasing number of Surabaya establishments catering to a diverse clientele.
Another noteworthy trend in Surabaya’s food and beverage industry is using locally sourced ingredients and promoting traditional Indonesian cuisine.
Many restaurants are showcasing the diversity of Indonesian cuisine by offering dishes that feature ingredients native to the region, which adds an authentic touch to the dining experience.
Furthermore, as businesses look to maximize their earnings during crucial holiday periods like Ramadan and Lebaran, they seek consultants’ assistance to improve their tax management and implement effective revenue optimization strategies.
By doing so, they hope to attract more customers and enhance their profitability.
When forming a company, it is essential to determine the type of legal entity of the company.
One possible course of action is establishing a domestic Limited Liability Company (“Local PT”) wholly owned by local entities. However, the appointment of foreign directors is permissible for managing the company’s operations.
Another type of company is a foreign investment company (“PT PMA”). It comprises foreign ownership; some business fields are even permitted complete foreign ownership.
Registering a PT PMA enables businesses to receive investment opportunities from foreign entities otherwise limited in registering a Local PT.
To start a restaurant business in Indonesia, obtaining the necessary licenses and certifications in compliance with the country’s regulations is essential. These include a business license to validate the commercial activities of the restaurant.
A restaurant license issued by the Ministry of Culture and Tourism, a working visa for foreign individuals who will work in the restaurant, an alcoholic beverage trading license to regulate the sale of alcohol and licenses from recording labels to play music without infringing copyright laws. It’s worth noting that even food trucks must obtain a restaurant license to operate within the bounds of the law.
By obtaining these licenses and certifications, restaurant owners can ensure that their business complies with the law and avoid any legal issues in the future. In sum, Surabaya – much like Jakarta, is rapidly evolving.
The sector that has been of particular interest to investors is the food and beverage sector. However, to set up such an enterprise, there are several things to note, such as the business’s form and licensing requirements. InCorp Indonesia (formerly Cekindo) provides company registration services for those looking to exploit such an opportunity.
With 10 years of experience in business consultancy, Teddy Willy offers expertise in financial and production auditing, sales and marketing, channels and distribution, supply chain management, and human resources for every business sector in Indonesia.
Disclaimer: The information is provided by PT. Cekindo Business International (“InCorp Indonesia/ we”) for general purpose only and we make no representations or warranties of any kind.
We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Indonesia or its appointed officials.
We do not promote any official government document or services of the Government of the Republic of Indonesia, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website.