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.
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.
Along with the rise in the pricing of the commodities produced by the mining sector, the mining industry still holds as one of Indonesia’s most profitable industries.
With the positive outcome, the government intends to expand the mining industry to a greater scale for advanced economic development.
Indonesia’s government has taken several measures, such as banning the export of unprocessed mining products and boosting downstream activities that involve turning raw materials into finished goods with value-added.
This has the effect of raising the price of Indonesian mining products. Additionally, by implementing this strategy of downstream operations, greater employment possibilities, higher profit margins for mining products, and carbon emissions reduction are anticipated.
Indonesia ranks third globally as the largest coal producer, following China and India.
In 2021, Indonesia saw a significant increase of 8.9% in coal production and was projected to continue growing by 2.6% annually, reaching 629.9 million metric tons in 2022.
The first half of 2022 saw an increase in coal demand from many EU countries, including Germany and Poland, due to the EU’s ban on fresh Russian coal imports.
Russia has also prevented a large volume of gas from reaching Europe from September 2021. The European gas crisis brought a brief rise in coal usage for electricity generation.
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has established a coal production target of 694 million tons for 2023, representing a 5% increase from the 2022 target of 663 million tons, which has already been exceeded.
According to the latest ESDM data, Indonesia produced 668.75 million tons of coal in the year to December 27, 2022, surpassing the year’s target. However, the actual output during the period is projected to be even higher as some producers delay reporting their production volumes.
Although 2023 is expected to be a challenging year for exports, the administration expects growth to be favorable. The government expects the value of exports to increase by 12.8% and the importance of imports to increase by 14.9%.
Read more: Indonesia Outlook 2023: Potential in the Mining Sector
Mining and mineral have been valuable commodities in Sumatra. It even goes back to prehistoric times.
The local populations and mainly international enterprises have participated in exploring the mining industry in the region. For quite some time, the mining sector in Sumatra has been dominated by gold.
Therefore, the Indonesian government recently issued a new regulation that reveals incentives for coal-producing companies in the form of exemption from royalties imposed.
Several big players in coal mining are PT Bukit Asam Tbk which operates from Tanjung Enim in South Sumatra. PT Thriveni also makes a list as one of the primary coal producers.
Batam also has excellent potential in the mining industry and has already developed some key players focused on large production to meet customer needs.
Batam has allowed Australian Blue Steel Industries to penetrate its market. Blue Steel focuses on producing mild steel products, not part of the mining industry.
However, the steel industry utilizes products from the mining industry. Blue Steel Industries has over ten years of experience and is set to begin its operation in the Taiwan Kabil Industrial Zone.
Besides two regions on Sumatra island, Indonesia is abundantly blessed with ample natural resources, making mining a massive sector of the economy.
Indonesia is home to several areas that are primarily renowned for their copper production, such as:
The Grasberg Mine, located in Tembagapura, Mimika, produces copper that amounts to 1.33 billion pounds or 670 thousand tons. This figure is expected to increase exponentially in 2023 to 1.7 billion pounds of copper.
There is an optimistic expectation that the demand for copper will continue to grow. This expectation is in line with many projects for renewable power plants.
Following Papua, the next largest copper-producing area in Indonesia is Gorontalo in North Sulawesi. Copper production in North Sulawesi is estimated to reach 693 thousand tons annually.
A whopping 30% of North Sulawesi is a mining area for copper, alongside other minerals.
Pacitan, located in East Java, is also a significant copper producer. On average, the production of mining products reaches up to 50 tons per year. The mining products produced by Pacitan include gold, copper, and tin.
Wonogiri of Central Java is especially famous for its copper mining activities. The region produces up to 1.8 tons of pure copper sand and 21 tons of raw copper every month.
Copper mining in the Serang, Banten region began in 1839 under the reign of the Dutch colonial administration.
Until 2018, PT Aneka Tambang Tbk ran the copper mine in Cikotok and produced 569 thousand tons of gold and copper. However, it has since been permanently closed.
One of Indonesia’s copper-producing locations is Silungkang in West Sumatra has a mining area of around 3,102 hectares. The Silungkang mine generates 419 thousand tons of copper yearly, on average.
Although Indonesia has a variety of profitable sectors, its mining sector is worth exploring, considering the ample growth it has and will continue to see. Businesses looking to explore these sectors may seek the help of InCorp Indonesia (formerly Cekindo) for company registration and business license matters.
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.
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