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.
Many global investors are still actively looking to invest in Indonesia in 2021. As the largest economy in Southeast Asia, Indonesia is also the 10th largest economy in the world based on its purchasing power parity. In 2019, Indonesia’s economic growth reached 5.2%. Furthermore, its annual headline inflation has remained at less than 3.9% (3.2% in 2020) for the past four years and will continue until 2024. On top of that, the prospering economy that makes Indonesia an investment haven is due to other main factors such as the dynamic tourism, abundant agricultural products for exports, booming manufacturing sector, and ever-advancing technology. If you think this is the right time for a business setup in Indonesia, here are the three important things you need to consider.
1. Company Setup
The first step in business setup in Indonesia is to choose the type of legal entity. There are several common types of legal entities available in Indonesia: Indonesian Limited Liability Company (PT), Foreign-owned Limited Liability Company (PT PMA), Representative Office, and Public Companies.
Once you have chosen your legal entity type, you need to consider if your business expansion needs physical office space in Indonesia, or you can hire employees in Indonesia remotely through a virtual office.
All business setup in Indonesia must comply with Indonesian Law following your company type, business category, and location.
2. Employment Regulations
If you need to hire employees to work for you, you will have to comply with all the employment regulations in Indonesia. Each country has its own set of employment and labour legislation, Indonesia is no exception.
So please bear in mind to never apply the employment law in your country in a foreign country such as Indonesia.
As an employer, you need to understand your responsibilities and your employee rights in your targeted market to ensure a successful global expansion.
Plus, getting familiar with local employment legislation can protect your company against legal implications. Non-compliance means heavy penalty, damaged reputation, imprisonment and/or business shutdown.
Several key items you have to pay attention to employment regulations and they are different for local and foreign employees. For example, ensure that you cover all aspects such as wages and benefits (paid holidays, sick leaves, maternity leaves, healthcare, overtime pay, and other compensation).
On top of that, make sure that you pay your employees and report all your taxes timely and correctly.
When it comes to foreign employment, do bear in mind that you can employ foreigners with a fixed-term employment agreement, known as PKWT, for a maximum of two years. Moreover, the foreigner must have a work permit to be able to have legal protections under Indonesian Law.
3. Business Licenses
Successful business setup in Indonesia means that you need to acquire certain compulsory business licenses. Without them, you won’t be able to operate your business legally in the country.
You may need to apply for additional specific permits as well depending on the type of your business and activities.
The most common type of license you need is a general business license. This license is necessary for you to run general business activities and provide goods and services.
If you are a manufacturing company, you will need an industrial business license, and if you are in the construction business, you must obtain a construction business license.
In today’s competitive business landscape, smart business owners know that getting assistance from an effective and professional business advisor is key to achieving success for your business setup in Indonesia.
The expectation that a business advisor simply handles your paperwork during your expansion is outdated.
Instead, a reputable business advisor like Cekindo can provide insightful and pragmatic advice, as well as adding value to your business operations once your business is successfully setup, ultimately leading to stellar business performance.
If you are looking for a professional, efficient, and reliable business consulting service for your business setup in Indonesia, contact Cekindo now. Our expert consultants will take care of all your business advisory needs.
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