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.
Indonesia offers many opportunities to foreign investors, and there are many types of companies in Indonesia to invest in. The Indonesian government has recognised the significant role foreign investors can play in the growth and development of the business sector and the national economy.
Continuing deregulation and reduction in bureaucracy is creating a wider range of investment activities for foreign investors.
In addition, Indonesia is rich natural resources, large human resource pool and strategic geographical position offer further investment incentives. Recent legal initiatives that allow for more streamlined investment procedures are evidence of Indonesian policy objectives to address some investor concerns.
Further progressive measures taken to attract foreign investment include tax concessions, regional incentives, industry incentives and free trade areas.
A State-owned Company is a business entity whose capital is wholly or partly owned by the government. There are two types of BUMN in Indonesia right now, namely Perum and Persero;
A Perum is not oriented toward public service but toward profit. Employee status is civil servants. Several Perums were still losing money, so the government was forced to sell some shares to the public (go public) and change its status to Company Limited.
The characteristics of public companies (Perum) are, among others:
An examples of a company that is a business entity liability company is Perum Damri
A Liability Company is one that has all of its capital in the form of stock. The company is managed by a professional team. Typically, these companies put shares into the stock exchange to be traded. The main purpose of a Persero is to gain profit and to provide services to the public. Founding capital is derived partly or wholly from state assets that are separated in the form of shares.
The traits of a Liability Company (Persero):
Examples of companies that are liability companies include: PT Garuda Indonesia (Persero), PT Angkasa Pura (Persero)
A Private Owned Company is established and financed by a person or group of people. There are three forms of BUMS, namely Firma (Fa), Commanditaire Vennootschap or CV, and company limited (PT).
The firm is a business entity established by two or more persons. Each of the members is solely responsible for the company’s obligations. The establishment of a firm is done by executing an agreement deed before a notary. The agreement shall contain the name of the founder of the firm, the profit distribution, as well as the terms for the beginning and the termination of the agreement.
Firm characteristics include:
The benefits of a firm are:
Disadvantages of a firm are:
The CV is an enterprise that is established by two or more persons as partners, either active partners or silent partners. Active partners are those that provide capital as well as run the business, while silent partners are those who provide venture capital. Active partners have full responsibility for all the company assets and liabilities, and silent partners are responsible only for the capital paid. The procedure for establishing a CV is the same as establishing a firm.
The characteristics of a CV include:
The advantages of a CV are:
The disadvantages of a CV are:
A PT is a business entity whose capital is divided into stocks (shares), which is also one of the most common business entities established by investors in Indonesia. The responsibility for liabilities/debt for the company is limited to the owners of holdings.
There are two types of limited companies, namely a closed PT and an open PT. A closed PT is one whose shareholders are limited, for example among families. An open PT (often called PT going public) is a PT whose common shares are sold to the public.
The characteristics of a limited company (PT):
The advantages of a PT include:
The disadvantages of a PT include:
Especially for foreign investors, there are three types of companies in Indonesia that you can choose from. Here you can learn more Register a Company in Indonesia.
Cekindo registers plenty of foreign-owned companies and business entities in Indonesia every month and our legal team is ready to assist you!
Feel free to contact us for a free quotation in company formation in Indonesia or further information about business entities in Indonesia.
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.