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.
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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.
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.
Why is property investment in Indonesia is a smart and profitable choice?
In the middle of a global crisis, Indonesia’s economy is surviving, and the local property industry keeps growing. Land ownership in Indonesia is thriving, with the property credit is getting 15% higher than in 2015. It is also strengthened by the new regulation No. 103/2015 about property ownership for foreigners residing in Indonesia, which has been signed by president Jokowi Widodo by last year. This new regulation should have many positive impacts on foreigners (find out the detail about land and apartment ownership in Indonesia).
Foreign Direct Investment in 2015 grew by 19.2% compared to the preceding year with investment realization of IDR 365.9 trillion. 18.9% to IDR 66.7 trillion in the second quarter of 2013. Domestic investment also increased 15.0% of IDR 179.5 trillion (Source: BKPM. 2015. Press Release: Investment Realization 2015 Exceeded Target).
Indonesia offers you many opportunities for beneficial investment in land and property. But there are characteristics that can frustrate investors and harm the investment climate, such as complicated bureaucracy. But don’t worry Cekindo can assist you to own the property and also help you to make the most suitable investment plan in Indonesia. Based on Government Regulation No 5 of 1960 about Basic Agrarian Principles, there are several rights over lands and properties. What kind of rights could be applied to foreigners or legal entities owned by foreigners in Indonesia? Find out below:
According to article 28 of Act No. 5/1960, the right to cultivate the land is directly controlled by the government for farming and agriculture purposes. The right is valid up to 25 years and extendable up to 35 years and it should be registered under the National Land Agency (Badan Pertahanan Nasional) that covers land measurement, registration of the scope of the rights over land, and also certificate issuance to the lender. Those who may have cultivation right on land includes Indonesian citizen and legal entity registered in Indonesia.
Building right on Land means that one could have rights to establish and have buildings on the land that is not under his ownership and prevails up to 30 years period, based on article 35 of Act No. 5/1960. The right is extendable for 20 years and can be shifted to another party. It can be legalized either by government resolution or authentic agreement between the landowner and renter. Similar to cultivation rights, building right on land should also be registered to National Land Agency to keep the rights prevailing.
In order to use and exploit the land yielding, one is required to have the right of use. In this regard, the land is owned by the government or other private parties. The obligations and rights are specified under government resolution or agreement with the owner, as long as it is not contrary to the act’s provision. The rights period follows the latest government regulation no.103/2015 which allows the foreigners who legally stay in Indonesia to own the landed house for 80 years maximum period.
One person or a legal entity in Indonesia could possess the right to lease of land and use the land for purposes of the building by paying the owner sum amount of money as leased, based on Article 44 Act 5/1960. The right belongs to Indonesian citizens, foreigners, as well as legal entities registered in Indonesia.
This right is given to the rightful owner of a plot of land or property. This type of certificate can only be granted to the Indonesian citizen only, foreigners can not own an SHM.
This type of right gives an authority to manage the land owned by the state for certain reasons which already got approval from the government. The builder usually works together with the government to attain an SHGB over SHPL for some specific time.
This type of right is given to the owner of a private, business or entity in a multi-story building, for example, apartment suites, offices, etc. The time validity relies upon the land or building is located.
You can rent and use your land and property for business matters. Find out how to set up a company in Indonesia.
To own property, foreign investors are required to buy it through a business entity. Cekindo can help you to set up a company in Indonesia.
If the government wants to run a program of land investment in Indonesia open to foreign investors, it requires a clear master plan. Things that need to be determined are the location of the investment, the minimum investment, and the limit of minimum land area. The latest regulation allows foreigners to own landed houses and apartments not only in Jakarta, Bali, and Batam but other regions in Indonesia. When foreigners buy property in Indonesia, the certificate is a used right certificate with a time period of 30 years. This can be extended by 30 years, and a final extension of 30 years, with a total of 80 years
Using the right certificate for foreign investors requires your KITAS and passport. Find out how to get a visa and work permit in Indonesia.
If the foreign investors invest in Indonesia under a local limited company, the certificate is a land right certificate (called HGB) that has a maximum period of 30 years, which can be extended for a maximum of 20 years. For all property purchased by foreign investors, the certificate name is a land rights certificate (HGB) issued by the national land agency. It is valid based on the time periods explained above.
Some of the benefits gained by the government program include:
This tax component consists of
Cekindo can help you to obtain the certificate after the purchase and provide you with expert assistance in determining the most suitable ownership plan. Contact us now!
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.
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