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.
Before diving deeper into the idea of investing in Batam, first, we need to understand how the Indonesian government defines an industrial park or investment park. The Indonesian Government Regulation No. 24/2009 defines industrial parks are as the industrial areas where industrial activities occur. These are supported by complete facilities and infrastructure and managed by an Industrial Estate Company.
Industrial estates are developed and managed by leading and sometimes multinational developers. Statistics from the Indonesian Industrial Estates Association (HKI) show that there are 73 industrial estates in 20 areas spread throughout Indonesia.
HKI chairman Sanny Iskandar stated that there was rapid progress for many industries in these industrial areas, such as the food and beverage industry, automotive components, and consumer goods.
For an industrial estate company to set up an industrial park, they must first submit permits to be processed at the Ministry of Industry. Several licenses are available for different investment activities and areas. They are:
A permanent permit is required for industrial estate companies that have completed their preparation of ready-to-use industrial estates. This permit is permanent for local investors and valid for 30 years for investment activities from foreign investors. Approval of the license is submitted to the Ministry of Industry.
This requires a permit issued by the organizer of the industrial area to conduct business activities within the industrial area. This application and processing of the license are made at the Industrial Estate Management Office.
A building, place, or area with specific boundaries where business activities of imported goods and materials are carried out for export purposes.
Local and foreign investors must own this permit in the processing/manufacturing industry field. Those who require permits are usually those with industrial and/or warehousing locations who wish to obtain facilities as a bonded zone and get bonded Zone Operator (PKB) status as well as an Entrepreneur in a Bonded Zone (PDKB). The application for PKB and PDKB permits is submitted to the Minister of Finance.
Local and foreign investors must own this permit in the processing/manufacturing industry field. Those who require permits usually wish to obtain facilities as an entrepreneur in a bonded zone. The application for a PDKB permit is submitted to the Customs Service Office (KPBC).
More Industrial Park To Be Added to Batam
The manufacturing sector, strategic services, information technology, and trade are potential sectors of the possible developments in the Free Trade Area and Free Port (KPBPB) of Batam Bintan Karimun (BBK).
Bintan is focused on tourism and industrial parks, including the maintenance, repair, and overhaul (MRO), alumina, food processing, maritime defense, and sports industries. Tanjungpinang is focused on the heritage tourism sector, the halal industry, the fishing industry, the business center, and the center of the integration zone.
Regarding the development of the industrial area on Bintan Island, it will be carried out in the Lobam Industrial Estate, which currently has a business area of 172 hectares with competitive and export-oriented products.
In addition, Bintan Island will see the development of the Bintan International Airport, which will begin in 2022. The airport development will become not only an MRO but also a Logistics Hub and Aerospace Park. Currently, the Government is reviewing the route distribution between Batam Airport, Tanjungpinang Airport, and the Planned New Bintan Airport.
The plan is to develop industrial estates in Batam, with each area having different themes, which will be very good with integrated waste management. The conclusion of the primary economic concept can be implemented in Batam to utilize the value of raw materials or the rest of the production process so that they can be processed and used for industrial raw materials downstream.
Designed as a ready-to-use development facility, companies setting up here will be able to save capital injection and enjoy a hassle-free start. This industrial park caters to various manufacturing operations such as readily built factories, separate office spaces, and production areas for loading and unloading, among others.
Batamindo also provides ready land areas for those offices wanting extra specific facilities. Completed with dormitories, housing options, and a country club, Batamindo’s 320-hectare investment park already holds some international brands since its inception in 1990.
The 540-hectare industrial park is located strategically along Batam’s coastal waterfront. Developed to cater to mainly oil & gas industries with large land plots, KIIE specializes in land plots near the coast for those companies that need a movement of heavy and oversized cargos.
With an International Cargo Port, energy companies can easily use it as an operating destination. This industrial park also benefits from being within the Free Trade Zone, which can strongly encourage foreign investment as they will be exempted from import duties, VAT, and excise for capital goods and raw materials.
As the pioneer of planned communities in Batam, this investment park comprises many blocks of workshops for clean and light industrial trades. Having established itself as a leading developer in high-quality residential and commercial properties throughout Indonesia, Citra Buana has provided services for several Singapore companies and F&B properties, all with affordable facilities and human resources.
Bintang Industrial Park covers 75 hectares of land and is opened directly by the Indonesian Ministry of Industry and Trade. This industrial park is located in the main area of the shipbuilding and fabrication industries. This industrial park offers ready-built factories for automotive, electronics, machinery, workshops, and others.
The ultimate destination for foreign investors to set up their businesses. This state-owned industrial park does not need a location permit, is free from floods, and is fully equipped with clean water, 24-hour security, a fully functional support team, natural gas supply, and high-performing electricity networks.
This industrial park’s specially permitted KLIK feature allows investors to carry out construction after getting an immediately obtained permit directly. Businesses set up here will benefit from the KLIK feature since only 47 Industrial Estates in Indonesia have that advantage.
Under the prestigious Panbil Group, who’s been in business since 1989, Panbil Industrial Estate was born in 2001 in Batam with a fully integrated area consisting of commercial centers, recreational zones, apartments, and other facilities.
This investment park focuses on the ever-growing electronics industry in Batam, the lucrative automotive industry, telecommunications, and others. Going well over the industry standards, Panbil provides an endless supply of electricity, clean water, gas, and fiber optic lines, all for the well-being of the investors.
This is located in the center of Batam, near most government buildings. With over 1000 new houses and factories around the area, this industrial park is near the ferry terminal. With several ready-to-use factories for sale and leases made available to local and foreign investors, Sarana Industrial Point also provides telecommunication cables supplied by Telkom, uninterrupted electricity by PLN, and reliable water supply with WHO standards.
The most significant industrial park in Batam Center, Tunas Industrial Estate, started in 2001 and covered over 64 hectares of land. We are seeing the growth of Batam has encouraged Tunas Industrial Estate not only to build 1 investment park but four. With vast choices of industrial buildings and warehouses suitable for industry needs, demand for these industrial parks is also increasingly seeing growth in the economy of Batam.
Offering a competitive pricing scheme for foreign investors looking to set up their business in Batam, this industrial park close to the seaport might be a good choice.
Cekindo is the leading market entry consulting firm in Indonesia that helps people from all over the world expand their business there. With the abundance of industrial parks in Batam, it is now more accessible for foreign investors to set up their businesses in the city. Check out how Cekindo assists company registrations and complying with the country’s laws to acquire a business license.
With 10 years of experience in business consultancy, Teddy Willy offers expertise in financial and production auditing, sales and marketing, channels and distribution, supply chain management, and human resources for every business sector in Indonesia.