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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.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
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.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
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 countrys 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.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
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.
Learn more about the SNI 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.
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.
The Indonesian presidential elections have consistently been pivotal in the nation’s political landscape. The new policy will shape the future of its governance and significantly impact the realm of foreign investment.
As Indonesia gears up for its upcoming democratic event, it’s crucial to examine how the Indonesian election can affect foreign investments moving forward.
Prabowo Subianto, who serves as the Minister of Defense and the Chairman of the Gerindra Party, is running in the upcoming 2024 presidential election. He faces competition from two younger contenders. One of them is Anies Baswedan.
He is the former governor of Jakarta, who pledges “change” but has been nominated by the influential National Democrat Party, a long-time member of President Joko Widodo’s governing coalition.
Prabowo’s second rival is Ganjar Pranowo, the former governor of Central Java, who received a presidential nomination from PDIP’s Megawati. While avoiding a potentially risky endorsement, President Joko Widodo (Jokowi) is leaning towards his former rival Prabowo.
Prabowo has also publicly committed to continuing Jokowi’s policies. To bolster the credibility of this commitment, Prabowo has chosen Jokowi’s eldest son as his running mate.
The 2024 election holds the potential to influence investments. Based on previous elections, Indonesia’s investment growth has been somewhat impeded as investors adopt a “wait and see” approach.
According to experts, in the first half of 2023, there hasn’t been any moderation in the investment sector. However, we see signs of a slowdown in credit and savings growth as we approach the third quarter of 2023.
Piter Abdullah, the Executive Director of the Segara Research Institute, believes that elections do not influence a company’s investment decisions. This statement is supported by the sustained growth of investment levels in political years.
Piter explains that, so far, no investments have been negatively impacted by changes in leadership. The Indonesian government’s regulations have remained consistent. The changes that occur do not threaten the investments, and this is what investors consider.
Similarly, Peter Fanning, the Deputy Secretary-General of the Indonesia-Australia Business Council (IABC), stated that Australian investors with knowledge about Indonesia know the country’s potential.
As the 2024 election approaches, the risks affecting the investment climate still exist, although they are relatively low. Companies tend to have a long-term target. While they seek certainty and stability, elections happen everywhere and do not permanently disrupt established plans.
Specific sectors have consistently attracted foreign investors. Industries such as transportation, warehousing, telecommunications, metal products, equipment, and primary metals are the ones that show immersive strength.
The five attractive sectors received the most attention from foreign and domestic investors during January-September 2023.
This diversity in investment interests showcases Indonesia’s dynamic opportunities to international investors in various sectors.
Investments outside Java have already taken the lead. A recent report shows that a total investment of IDR 545.8 trillion has been made. It accounts for 51.8% of the total investment, while investments in Java amount to IDR 507.3 trillion, making up 48.2%.
Throughout the first nine months of this year, the incoming investments have created job opportunities for 1.36 million people. The initiative shows a significant increase compared to the previous year.
Transportation, warehousing, and telecommunications sectors were the most significant contributors to investment realization in Q2 of 2023. The attractive sectors netted a total investment value of IDR 43 trillion.
Following closely, other highest contributors to investment were the primary metals, metal goods, non-machinery, and equipment sectors with IDR 42.4 trillion; mining with IDR 37.9 trillion; and the industrial and office area housing sector with IDR 30.4 trillion.
The manufacturing industry accounted for 47.9% of the overall investment realization in Q2 of 2023. Between 2022 and the second quarter of 2023, the manufacturing sector consistently ranked as one of Indonesia’s leading contributors to investment.
Businesses should consider several approaches to mitigate the political risks during political uncertainty. Those are:
Before making investment decisions, thoroughly research and assess the local infrastructure of an area.
You can prepare and plan for potential risks by actively keeping up with local developments and policies.
You can build relationships with local consulting firms to gain better insights into the market, the local political system, and specific risks.
InCorp Indonesia provides company registration services to help you set up a business in Indonesia.
Work with local banks in the region where you conduct business to reduce financial and political risks.
Buying political risk insurance to protect your organization’s assets is advisable.
The government assures that the upcoming general election on February 14, 2024, will not disrupt investment stability in Indonesia. Hageng Suryo Nugroho, a Presidential Staff Office Advisor, stated that in the past ten years, elections have never caused political instability in Indonesia.
The Indonesian National Authority confirms that various political issues related to the 2024 general election and the change in the presidency will not affect the Nusantara National Strategic Area (IKN) development.
Dhony Rahajoe, Deputy Head of the IKN Authority, explained that this optimism stems from viewing the IKN as a project with a secure and continuous vision, mission, and progress.
While the 2024 election day may bring some uncertainty to businesses, the investment trend is expected to stay relatively strong. Some government officials have also assured the continuity of strategic projects, such as IKN, during and after the election.
Investors exploring the Indonesian market may seek assistance from InCorp Indonesia for Investor KITAS and company registration services to streamline their businesses. Fill out the form below and let our experts guide you.
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.
Disclaimer: The information is provided by PT. Cekindo Business International (“InCorp Indonesia/ we”) for general purpose only and we make no representations or warranties of any kind.
We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Indonesia or its appointed officials.
We do not promote any official government document or services of the Government of the Republic of Indonesia, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website.