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.
Indonesia’s halal industry has seen significant growth and development in recent years. It is driven by the country’s large Muslim population and increasing demand for halal products and services worldwide.
Indonesia is emerging as a key player in the global halal market to address the increased demand. Therefore, various industries, including food and beverage, pharmaceuticals, cosmetics, and tourism, are pitched to adopt the halal philosophy.
The Indonesian government focuses on increasing infrastructure investment to promote the halal industry. The government is also developing regulations to ensure compliance with halal standards.
This article will explore the rise of the halal industry in Indonesia, its impact on the economy, and the trends and prospects it presents to foreign businesses for tapping into.
The Halal industry in the F&B sector is predicted to reach nearly $4 trillion by 2028. The prediction comes with an 11.25% compound annual growth rate over the next eight years.
In 2019, Halal consumers spent an astonishing $1.17 trillion on Halal food, making it the second largest sector after Islamic finance. In addition, the trend of customers purchasing natural and regular food and beverage items has led to increased revenue from consumers who use Halal food products.
Halal food manufacturers can exploit this growing interest by developing new products marketed in Western-style supermarkets, including grocery stores and hypermarkets. As a result, many grocery stores and food makers in various countries have begun offering more Halal products to cater to consumers.
Consequently, the halal food market is anticipated to experience substantial growth. The growth owes to the rising demand from Muslim and non-Muslim consumers.
This growth can be attributed to the hygiene-related advantages offered by halal food, which include being free from impurities, alcohol, and blood.
Read more: Why Does Food Safety Matter for Indonesian Products?
The Indonesian government focuses on accelerating the development of the national Halal industry and aims to achieve the vision of “Indonesia as a leading Halal producer in the world.”
Given its significant Muslim population and demographic dividend, Indonesia has the potential to emerge as the world’s largest market for halal products.
The State of the Global Islamic Economy Report 2022 reveals that Indonesia ranks fourth in the world in Shariah economy indicators.
In addition, Indonesia is one of the largest consumers of Halal products globally, with 11.34% of global Halal expenditure.
The Indonesian Halal food sector is the second-largest in the world, while the Halal cosmetics sector is the fourth-largest. As a result, the government is encouraging Indonesian consumers to use and take pride in locally-made Halal products.
Indonesia is recognized as the country with the highest Muslim majority in Asia. With around 88.1% of its total Muslim population, it accounts for 12.7% of the world’s Muslim population and keeps growing.
The growth in Muslim consumers is significant as it will impact the GDP and influence consumer behavior. Muslim consumers are obligated to choose, buy, and use Halal products.
Muslim consumers’ behavior towards Halal products affects the Indonesian economy, as they spend around $190.4 billion on the food sector alone.
Moreover, the guarantee of Halal products provides comfort, security, safety, and certainty of Halal product availability for the community to consume and use, increasing businesses’ added value.
Using Halal products will not only impact the Indonesian GDP but also contribute to the global Halal lifestyle progress, positively impacting the global Islamic economy.
Furthermore, businesses are racing to obtain Halal certification from the business aspect. The process can be stringent and lengthy.
InCorp Indonesia (formerly Cekindo) provides services for product registration and Halal certification, thereby allowing businesses to benefit from the Indonesian Muslim demography.
The Badan Penyelenggara Jaminan Produk Halal (BPJPH) held a virtual meeting with Dinar Standard and various associations to discuss the Halal industry development in Indonesia.
BPJPH presented the progress in building the Halal ecosystem in Indonesia, including digitalizing Halal registration and certification processes and improving Halal product guarantee regulations.
According to Dinar Standard’s State of the Global Islamic Economy (SGIE) Report 2022, Indonesia ranks fourth in the global Halal economy and has made significant progress in the Halal food sector.
The general expectation for this sector is that there continues to be significant growth and progress. The Indonesian government is visibly very focused on developing this sector.
Business actors should jump into this sector and benefit from the international cooperation and government support provided.
Indonesia has made significant strides in the Halal industry, and the future looks bright.
Collaborative efforts with Saudi Arabia, Malaysia, and Japan have been implemented to boost Halal consumerism and promote the country’s Halal products globally.
Indonesia’s Vice President, Ma’ruf Amin, has requested assistance from the Saudi Arabian Ambassador to Indonesia to ease access to Halal products.
He specifically asked the Ambassador to expedite the issuance of a permit from the Saudi Food and Drug Authority (SFDA) for Indonesian Halal products.
This collaboration aims to enhance Halal consumerism in Indonesia and promote the country’s Halal products in the global market, particularly in the Middle East region.
The collaboration between Indonesia and Malaysia in the Halal industry is highlighted in this news article. The two countries signed an MoU to strengthen the Halal industry in both nations in June of 2023.
The MoU covers areas such as Halal certification, trade, investment, research and development, and human resource development.
The cooperation aims to promote the development of Halal products and services and expand the Halal market domestically and internationally.
The collaboration between Indonesia and Japan in the Halal industry focuses on developing human resources and supporting Japanese companies.
Ma’ruf Amin urged Japanese companies to support the Halal industry and its human resources development in Indonesia.
He highlighted that Japan’s technology and innovation expertise could help Indonesia develop its Halal industry, which has considerable growth potential.
The collaboration also includes the exchange of knowledge and technology transfer between the two countries to enhance the Halal industry’s growth in Indonesia.
In conclusion, the Halal industry in Indonesia is on a steady rise, backed by the collaborative efforts of the Indonesian government with various countries and organizations.
The progress in building the Halal ecosystem and improving regulations have set the foundation for continued growth and development in the sector.
With Indonesia’s strong position in the global Halal economy and the government’s focus on the sector’s development, businesses have many opportunities to tap into.
As we move forward, we expect to see further advancements in the Halal industry in Indonesia and increased international cooperation in the sector.
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.