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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.
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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.
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.
Indonesia and Australia have solidified their partnership for lithium trade, fueling hopes for a greener and more sustainable future. The move is made to capitalize on the global demand for lithium surging due to its vital role in electric vehicle batteries and energy storage solutions.
This collaborative effort between the two nations holds immense economic growth and environmental preservation potential. As businesses eagerly explore avenues to participate in this market, understanding how to invest in lithium becomes a key point for those seeking to thrive in the growing lithium industry.
Indonesia has set an ambitious target for electric vehicle (EV) adoption. The world’s richest nickel reserves aim to have 400,000 electric four-wheelers and 1.8 million battery-powered vehicles by 2025. The growth of EVs in Indonesia has been evident in recent years.
The growth is supported by the increasing number of two-wheeled EV units, from 1,947 in 2020 to 26,000 units by the end of 2022. While the four-wheeled EVs experienced an even more significant increase, with a 33-fold rise from 230 units in 2020 to 7,600 units in 2022.
A joint study by AC Ventures and e-mobility association AEML indicates that Indonesia’s electric vehicle ecosystems will gain a better market. The report highlights that the automotive research and development (R&D) and manufacturing sectors offer the most extensive total available market, presenting an opportunity of USD 12.5 billion to USD 15 billion by 2030.
Given the positive outlook and ambitious target for EV development, the government also considers securing the critical minerals for EV battery production as the most important component for EVs.
Read more: The Investment Opportunity for an Electric Vehicle Ecosystem in Indonesia
Most of EV currently use lithium-ion and lithium-polymer batteries due to their relatively higher energy density in comparison to their weight.
Lithium is one of the critical minerals for EV batteries. Lithium-ion batteries facilitate the movement of lithium ions from the anode to the cathode, generating power. Besides lithium, other critical minerals for EV batteries include nickel, manganese, cobalt, graphite, and steel.
The Indonesian government is planning to secure an additional 60,000 tonnes of lithium per year from Australia to support the development of a comprehensive EV industry in Indonesia.
This additional quota would double the previous agreement between the two countries. Indonesia is expected to get 120,000 tonnes of lithium from Australia annually.
Indonesia holds the world’s largest nickel reserves, a significant advantage as the country aims to become a global EV production hub. However, it lacks domestic lithium supplies, which is equally crucial for EV batteries.
On the other hand, Australia possesses 53% of the world’s lithium output, making it a valuable source for Indonesia’s lithium needs.
This trade partnership is expected to meet the increasing demand for EV batteries in Indonesia. The country’s annual battery demand is projected to reach 20.1 gigawatt-hour (GWh) by 2030 and rise to 59.1 GWh by 2035.
Albeit the partnerships between Indonesia and Australia present opportunities in establishing a secure value chain for EV battery development, they also face potential challenges, as follows:
The extraction, refining of raw materials, and cell production in the battery industry can cause significant environmental damage, including land degradation, loss of biodiversity, hazardous waste generation, and water, soil, and air contamination.
Without proper management, operations within the battery value chain can negatively impact local communities by violating labor laws, employing child and forced labor, and infringing on indigenous rights, particularly in emerging markets.
Companies in the battery industry may face conflicts of interest or interact with poorly managed organizations.
With the upcoming Indonesia general election in 2024, there is no guarantee that the new leadership will continue striving for trade partnerships for Australia’s lithium.
Despite the potential challenges, Indonesia’s ambition to develop the EV industry also presents several new business opportunities, as highlighted below:
Several manufacturing categories will grow as EVs gain momentum, such as EV manufacturing, EV battery manufacturing, and electric vehicle supply equipment manufacturing.
Supporting infrastructure, such as charging stations, is highly required for EV-wide adoption in the country.
Read also: Guide to Invest in Lombok Property for Australians
Several supporting software is expected to be developed to ensure the EV is safe, secure, intelligent, and connected.
The growing EV industry also requires a more skilled individual to keep pace with the technological advancement in this sector.
The rise in electric vehicle production creates new possibilities for dealerships and franchise opportunities.
Maintaining an EV differs from keeping an internal combustion engine (ICE) vehicle. EV maintenance requires specialized expertise due to the different powertrain components used in EVs.
The Indonesia EV industry is gaining momentum following the trade partnership with Australia for lithium supply. This collaboration is set to fulfill Indonesia’s demand for lithium and aid in developing EV batteries, benefiting from Australia’s vast lithium reserves.
The growth of the EV industry in Indonesia creates various business and investment prospects. Companies aiming to capitalize on the expanding EV industry’s potential can seek assistance from InCorp Indonesia, especially for company registration and business licensing.
InCorp Indonesia has a decade of experience and a vast network, offering a wide range of market entry and corporate services to domestic and international clients looking to expand and operate in Indonesia and the broader Southeast Asia region.
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.