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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.
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 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.
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.
Nestled at the far eastern end of Java Island, Banyuwangi offers a wealth of untapped opportunities to explore. While overshadowed by the limelight of larger cities, Banyuwangi boasts a thriving economy, rich natural resources, and a strategic location that positions it as a gateway to endless possibilities.
This article explores Banyuwangi’s investment prospects, offering growth, prosperity, and an opportunity to be part of an extraordinary journey in one of Indonesia’s promising regions.
The Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, is hopeful that Banyuwangi Regency in East Java can contribute to national tourism and creative economy targets for 2023.
Sandiaga increased targets for the tourism sector and creative economy in 2023, emphasizing Banyuwangi’s potential as an international destination for world-class events.
With a focus on attracting domestic and international tourists, Sandiaga stressed the need to enhance Banyuwangi’s competitiveness by developing a creative economy and offering value-added products.
To boost Banyuwangi’s tourism and creative economy, the Ministry of Tourism and Creative Economy is actively backing the region through diverse programs and initiatives.
The objective is to generate employment opportunities and enhance the overall welfare of the local community. By doing so, Banyuwangi can unleash its complete economic prowess and realize its true potential.
Read more: Business Investment in Semarang: Which Sector Has Great Potential for 2023?
The following highlights the key sectors and explains why Banyuwangi is an attractive destination for prospective investors.
As mentioned above, one of the key sectors that are susceptible to growth is the tourism sector. The Banyuwangi Regency Government plans to re-optimize the untapped tourism potential in Banyuwangi, East Java, to boost tourism in the area.
The high number of tourist visits during the 2023 Christmas and New Year holidays has resulted in a significant circulation of money, estimated at around IDR 25 billion, throughout Banyuwangi.
Popular tourist destinations such as Bangsring Underwater, Grand Watudodol Beach, and Cacalan Beach have experienced a substantial increase in visitors, with some destinations seeing a surge of 100-500% compared to regular days.
Banyuwangi’s culinary delights are also something the Banyuwangi Regency Government aims to optimize, as it would further support tourism in Banyuwangi.
One of the ways that the Regency Government plans to draw in tourists is by organizing the Banyuwangi Festival (B-Fest) in 2023. This event is aimed to stimulate the local economy and support micro, small, and medium enterprises (MSMEs).
B-Fest will feature 55 events, including the renowned Gandrung Sewu and Banyuwangi Ethno Carnival (BEC), included in the Christmas Event Nusantara (KEN) program of the Ministry of Tourism and Creative Economy.
By including these events in the program, Banyuwangi not only reaps economic benefits such as amplified community income and prolonged tourist stays but also gains access to promotional support and assistance from the Ministry.
To enhance the creative economy and improve economic turnover, Banyuwangi plans to extend the duration of certain events, such as the 6-day BEC. This approach aims to make visitors feel at home and contribute to a higher value of benefits for society.
The Banyuwangi Festival aligns with the more extensive KEN program, which aims to promote creative economy MSMEs throughout Indonesia and revitalize the economic sector.
The Banyuwangi government acknowledges the importance of transparent and accountable management of the Regional Revenue and Expenditure Budget (APBD), which comes from the people themselves. The government utilizes the APBD to accelerate regional development, particularly by increasing regional income through sustainable economic sectors.
The Banyuwangi government has effectively allocated the APBD for infrastructure development. The focus is strengthening basic infrastructure such as roads, irrigation systems and providing stable electricity throughout the region. The reason behind such acceleration is to improve the general welfare of the area.
The infrastructure projects currently underway are the paving program and the Poncomoyo bridge construction. As both projects are still underway, this infrastructure is expected to aid the development of the community’s economy. The bridge, for example, provides greater access for tourists to reach Poncomoyo Beach.
Read more: Exploring the Potential of Indonesia’s Tourism Industry
There are several reasons to invest in Banyuwangi, amongst others they include:
Banyuwangi is now equipped with more excellent transportation choices, including trains, ferries, busses, planes, online transportation, tour buses, and many more that allow for greater ease and accessibility.
Educational centers, health facilities, tourist attractions, and shopping centers have also supported the interest in the area.
There is ample vacant and fertile land in the regency that is available for use at an affordable price.
Banyuwangi receives subsidy quotas for housing and is an excellent place for property investment.
A hospitable investment and business climate are crucial to increase investment. Investments support economic growth, create competitiveness and generate greater welfare.
Incentives are therefore provided to ease investments into the Banyuwangi region to increase income levels, absorb local labor, improve public services, and bring about a more significant benefit for Banyuwangi Regency.
In sum, Banyuwangi is a prospering region that receives significant support from the government. It welcomes investments in several ways and continues to do so with the assistance and aid it receives.
Investors that wish to benefit from the infrastructure improvements and affordable land prices may seek help from InCorp Indonesia, especially in setting up a business. InCorp Indonesia provides extensive services regarding business licenses and KITAS matters to smoothen the investing process.
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.