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.
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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 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.
The Capital Investment Coordinating Board (BKPM) in Indonesia released a BKPM Letter 5743 on Implementation Plan of a New Version of the Online Single Submission System, or OSS, on October 17, 2019. Letter 5743 addresses the launch of the OSS Version 1.1 on November 4, 2019. All business licensing process were halted between November 1 and November 3, 2019 in connection with the OSS launch.
According to Letter 5743, Regional Governments were instructed by the BKPM to make an adjustment to their existing licensing systems so that their systems would be integrated with the new OSS. The new OSS integration is important to ensure the business licensing compliance of business sectors.
In this article, Cekindo will brief you the major differences between the previous OSS and OSS Version 1.1.
1. Registration of Account
Unlike the previous OSS with business actors provided without explanation, the latest OSS Version 1.1 gives definition to all business actors such as individuals, non-individuals, and representatives.
2. Stages of Business Licensing
Business licensing stages in the OSS Version 1.1 is divided into data legality, business identification number, business licenses, and operational or commercial licenses; whereas the stages of previous OSS are in a cycle comprising five steps: notary deed, data completeness, business licenses, business and commercial license commitments and output.
3. Data Entry Format Legality
The legality of data entry format in the OSS Version 1.1 is available for both business entities and legal entities. As for the previous OSS, it was only available for one format, which was the limited liability company.
4. Location Permit
In addition to land location permit, forest and water location permits are included in the improved OSS Version 1.1.
5. Commercial or Operational Licenses, IOK
The upgraded OSS Version 1.1 gives a cover letter when a business actor fulfills the commitments. This cover letter serves as a confirmation that the business actor is permitted to apply for an IOK. The former OSS only provided a prerequisite list of IOK commitments.
6. Business Licenses
The OSS Version 1.1 comes with a list of relevant business licenses requirements that have not yet been fulfilled. In addition, the list will be automatically updated when the necessary documents are uploaded. The previous OSS only shows status as effective or ineffective.
Did you know? Since September 2019, 45 additional business fields no longer have to apply for additional licenses.
7. Total Investment Value
The outdated OSS System only allowed a total investment value with an investment combination in more than one business sectors, given that they possess the same first two digits in the KBLI codes. OSS Version 1.1 calculates the total investment value based on all five digits of KBLI codes.
8. Branch Offices and Representatives
Apart from the Foreign Company Trade Representative Office (KP3A), Foreign Franchise Registration Certificate (STPW), and Construction Service Business Entity (BUJKA) that were already included in the previous OSS, Foreign Company Representative Office (KPPA) is also included in OSS Version 1.1 as one of the foreign representatives.
Businesses are permitted to register their branch offices for companies in Indonesia under the latest OSS Version 1.1.
Cekindo provides you with a combination of practical business insights and legal to help you navigate through the changing business procedure and compliance laws in Indonesia. From business registration with OSS to legal compliance, risk mitigation to market research, we work with you to create solutions that optimise your business performance in Indonesia.
We have business and legal experts specialising in a variety of areas who can assist with your compliance and business efforts. Want to enhance your long-term business success? Speak to one of Cekindo’s consultants by filling in the form below.
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