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.
To conduct business efficiently overseas, the host country requires foreign investors to comply with the country’s laws and regulations. Similarly, for foreign investors investing in Indonesia, one of the crucial compliance is ensuring that the business activities are classified under the Indonesia Standard Industrial Classification (Klasifikasi Baku Lapangan Usaha Indonesia, KBLI).
To define it simply, KBLI is a method to segment Indonesia’s economic activities into several business fields. The distinction is made on the basis of output produced in the form of goods and services. It is issued by Indonesia’s Central Statistic Agency (Badan Pusat Statistik or BPS) by referring to the International Standard Industrial Classification of All Economic Activities (ISIC), ASEAN Common Industrial Classification (ACIC), and East Asia Manufacturing Statistics (EAMS).
Understanding KBLI and its application process might be confusing for foreign investors. Hence, this article will guide you to understand the basic principles of KBLI and how to determine the right KBLI for their business activities.
The importance of the KBLI for a business is paramount. Not only does it classify business activities, but also acts as a reference for the government in issuing legal documents, such as Business Identification Number (NIB), Trading Business License (SIUP), Taxpayer Identification Number (NPWP), and so on.
If the business activities differ from the classification mentioned in the KBLI certificate, it can create a challenge for the concerned business while undertaking any activity that requires a special permit under KBLI. Examples of such activities could be importing and exporting goods.
Although Indonesia has a wide range of economic activities, applicants can use the Online Single Submission (OSS) method to identify the most appropriate one. OSS currently has 21 business activity categories (ranging from Category A to U), wherein each category has its own set of industries.
For instance Category C is assigned to the manufacturing industry and is further divided into several specific sub-groups, such as food manufacturing, beverage manufacturing, tobacco manufacturing, textile manufacturing, footwear manufacturing, and so on.
Every business category contains a set of business’ main group. For instance a footwear manufacturing business is falling under Category C with a code of 152.
The Indonesian government wants every business owner to further classify their company to its core activities.
Then if you deep further into the footwear manufacturing main group, it further magnified into four more specific categories with their respective codes:
01 – regarding footwear for daily use;
02 – regarding footwear for sports activities;
03 – regarding footwear for field and industrial activities; and
04 – regarding footwear for other purposes.
So in case your company is manufacturing running shoes, then the five digits KBLI will be 15202.
It’s also worth noting that the Indonesian government enables a business to have multiple KBLIs provided the various businesses are related to each other, However, it’s recommended to have all of these activities related to or similar to the main one.
On 24 September 2020, BPS, or commonly known as Indonesia Statistic Agency, issued KBLI 2020 to replace KBLI 2017. The new KBLI has been introduced to keep up with new types of jobs, business models, and the creative industries, such as YouTubers and online content creators.
Following are the key changes introduced:
Integration across licensing systems – The government intends to synchronize all business fields with the Online Single Submission (OSS) System and the Ministry of Law and Human Rights (MOLHR) database system.
Correlation table – Statistics Indonesia, or BPS, issued a correlation table between KBLI 2017 and KBLI 2020*, to be integrated across Indonesian licensing platforms so it triggers automatic changes.
Online Search Engine and Consultation – Statistics Indonesia also launched an online search engine called Sabaku to help investors search suitable business lines via web and mobile apps.
Open more opportunities for investors – Investors that want to develop a commercial presence in Indonesia may be able to take advantage of KBLI 2020. More than 200 additional business lines have been added to KBLI 2020 (one such example is video game content designer). Several existing business lines have also been expanded to incorporate more goods or services.
Summing up, the KBLI certification is very helpful in obtaining legal documents and ensuring smooth and legal functioning of a business.
Determining the right KBLI is the important step when setting up a business in Indonesia, and it can be a task in itself that may require legal expertise to help you avoid pitfalls. Cekindo, with its comprehensive business solution, can help you set up your company and also provide assistance in obtaining business licenses in a hassle-free manner. Additionally, our consultants will help you in choosing the right business classification under KBLI 2021.
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.