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.
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.
Like other countries, Indonesia still has its hits and misses, but there’s no doubt 2017 was a robust year for the country. As Cekindo welcomes another year, we will also look back on some of the biggest achievements of the country last year.
Indonesia continues to soar as far as the ease of doing business is concerned. In the latest report from World Bank Group, it is now ranked 72nd after landing 91st place in 2017. A year before that, the country placed 106th. The group highlighted the successes of the government in resolving insolvency, enforcing contracts, and improving the process of securing electricity.
Tax reforms are nothing short of controversial in Indonesia with a lot of crackdowns and stringent policies. So far, the country missed meeting its targeted revenue, but it realised about 91 percent. It aims to continue with a higher tax revenue goal in 2018 at Rp1 1.4 quadrillion (almost $100 billion).
However, its tax amnesty program, especially for those operating offshore companies, has been regarded as widely successful. The government has already collected at least $330 billion from it.
When it comes to its gross domestic product (GDP), the percentage at 5.2 percent was slightly higher than its forecast. The World Bank Group predicts it to reach 5.3 percent this year, thanks to its strong domestic fiscal and economic policies.
The FDIs grew $7.3 billion during the first three months of 2017, which was significantly higher than that in 2016 at $6.9 billion. But it’s slightly lower than the total investments in the fourth quarter of 2016, which was $7.5 billion. It then jumped to a whopping 10.6 percent between April and June. The top three biggest foreign investors in 2017 were Singapore, Japan, and China. BKPM, meanwhile, revealed the three industries that had the highest foreign investments. These are electricity, gas, and water supply; mining, and metal, machinery, and electric, which had the biggest inflow.
Indonesia also remains one of the best Asian countries for foreign investments.
Indonesian consumers are on a high as well. Based on the recent Gallup survey, the country placed number one in terms of overall optimism. Indonesia scored high in hope, economic prosperity, and happiness. This is positive news considering, in general, the world is more pessimistic than the previous year.
The country also has a growing middle class, which is now the world’s fourth largest. At least 19 million households belong to this group in 2016, according to Euromonitor International. It will also continue to rise until 2030. The firm predicts that one of the fastest-growing industries among this population is communications while growth will spread in other provinces.
The poverty rate in Indonesia has also declined. In September 2017, it went down to 26.58 million, a decrease of almost 2 million people in the early months of the year. The gap between the rich and the more also starts to disappear.
Bank Indonesia’s consumer survey further revealed better consumer confidence. Its index now scored 126.4 as of December 2017, over 3 points higher than in November.
The banks in Indonesia are confident about having a fruitful year. Bank Rakyat Indonesia (BRI), one of the popular local banks that provide microfinancing, reported an increase of almost 8.5 percent increase net profit during the third quarter of 2017 compared to the same period in 2016.
Credit loans also went up by around 8 percent before the year closed, with most of it meant for infrastructure.
The Indonesian Cement Association (ASI) revealed that the domestic sales for cement when up by almost 8 percent from 2016 to 2017. The revenue grew in almost every region. But the biggest consumer remains to be Java, which used 57 percent of the total cement sold. It, therefore, implies much of the development is still within the urban areas such as Jakarta, Bandung, Surabaya, and Yogyakarta.
Transparency and delays remain to be the biggest problems in terms of improving the country’s infrastructure. Fortunately, some huge projects are already underway. These include Jasa Marga, a toll road that will span more than 200 kilometres.
There may be pitfalls, but Indonesia remains to be a growing tiger economy in the world. It’s one of the largest in Asia and a country poised to lead the emerging markets sector. Its industries are diverse, it is rich in natural resources, and it has a huge young population and a large consumer base capable of spending.
If you need to know more about investing in the country or like some help in setting up a company, email Cekindo at email@example.com.
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.