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.
Indonesia’s mining industry has excellent potential, especially since the prices of mined mineral commodities have increased. This view is echoed by the Chief Director of the Institute for Development of Economics and Finance, Eko Listiyanto.
The Central Statistics Agency (Badan Pusat Statistik) noted that the mining industry had recorded a positive growth of 4% throughout 2021. Furthermore, it was recorded that Indonesia’s economy grew by 3.69% in 2021.
In addition to Indonesia’s expanding economy, Eko points out that several sectors, such as agriculture, health services, information communication, and real estate, will continue to support this economic growth.
These sectors continue to increase Indonesia’s Gross Domestic Product (GDP), which remained positive in the midst of the pandemic. These sectors are resilient but still need to be further developed but need to be further disaggregated.
Bahlil Lahadalia, a prominent figure in the Ministry of Investment, confirmed that Indonesia should start focusing on transforming commodities into ready-to-use products, starting with nickel. He goes on to say that Indonesia has the world’s largest nickel reserves, which could reach up to 21 million tons.
By downstreaming crude nickel into products such as EV batteries, the mineral has enormous potential to add value to the commodities and boost the Indonesian economy. Prominent players in the market have already started their contributions. An example is a partnership between Indonesia’s State-Owned Enterprises (BUMN) and LG, worth USD 9.8 billion.
Huayou Cobalt is a company interested in building a smelter for batteries in Indonesia. They plan to invest up to IDR 30 trillion. Other companies are showing interest in building a nickel and cobalt smelter in Indonesia worth approximately IDR 30 trillion.
Huayou Cobalt is planning to partner up with an EV battery manufacturer from China named EVE Energy. The joint venture will be registered under the name PT Huayou Nickel Cobalt, where Huayou will have a 20% stake while EVE will hold a 17% stake.
The other stakeholders involved in this venture are Yongrui Holdings which holds 31%, Glaucous International Pte Ltd with 30%, and Lindo Investment Pte Ltd holds 2%. Huayou has already conducted multiple nickel smelting projects for electrical batteries in Indonesia. Previous efforts include a nickel sulfate smelter constructed alongside Tsingshan Holding Group, located in North Maluku.
It is widely recognized and acknowledged that Indonesia has an abundance of natural resources. Indonesia has consistently faced issues in fully utilizing the quantity of resources. Therefore, opening the door to foreign investors who may wish to invest, specifically in the mining sector, proves beneficial.
Even though the Indonesian government welcomes foreign investors, there are still prominent laws in place that are set out with the specific aim of regulating the activities of foreign investors. One of the stipulations contained within the laws requires foreign investors operating in the mining industry to secure a Mining Business Permit or Izin Usaha Pertambangan.
Law No. 3 the Year 2020 further clarifies the scope of the mining business, which includes all activities within the framework of mineral or coal exploitation from stages of the general investigation, exploration, feasibility study, construction, mining, processing, and/or refining or development and/or utilization, transportation, and sales.
The scope of such activities also includes post-mining activities conducted by business entities. The entities that are entitled and/or obligated to secure a Mining Business Permit are:
A Mining Business Permit is to include:
In general, there are several requirements to secure a Mining Business Permit, which are further categorized into:
In this, the administrative requirements to obtain a Mining Business Permit vary from one type of business entity to another. Such that the items that are to be prepared are dependent on the type of business that is requesting a Mining Business Permit.
This requirement urges all entities to collaborate with mining and/or geology expert in the field of mining to produce relevant letters and documents. Aside from that, an area map that clearly displays the geographical coordinates is also required.
Entities looking to conduct mining are required to guarantee that they are ready and able to abide by the environmental laws that are applicable in Indonesia and also receive relevant certifications and permits relating to the environment as required by the laws.
Amongst others, the financial requirement to be fulfilled are proof of payments, financial statements that a public accountant has audited, and other financial statements correlated with the activities.
It is to be noted that the requirements vary and are based on multiple factors. Cekindo is equipped to assist foreign investors looking to start a mining company in Indonesia, especially concerning 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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