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 entrepreneurs who have been doing business in Indonesia for some time may need a partner at some point.
Most of them feel that they aren’t happy with the trajectory even if they have achieved moderate success. Some feel stalled and think that their businesses are not going anywhere.
Therefore, having a partnership in Indonesia can be an excellent way to take your business to a new height.
Of course, the right business partnership can be very profitable and satisfying. On the other hand, the wrong one can put a strain on your business and your relationship with that partner.
A partnership in Indonesia is a long-term strategy and you need to avoid these 5 mistakes to ensure its success.
1. You Don’t Have Proper Legal Partnership Structure
One of the biggest mistakes that businesses make is not having the right legal structure for their partnership.
Choosing the proper partnerships is how you make a business starting right; otherwise, the result is the waste of valuable time and money.
Limited partnership and general partnership are the two common types of legal partnership structures in Indonesia.
Oftentimes, entrepreneurs who start a business together will opt for a general partnership over a limited partnership due to its ease of setup and simpler structure.
2. You Lack Shared Vision
The excitement of starting a business together can sometimes make you overlook the compatibility between you and your partner. You and your partner may not even have the same business goals and vision.
Always ensure that you communicate, or over-communicate with your prospective partner to understand that if you two are on the same page.
Constant communication in terms of how a business decision is handled and what business goals to achieve is the key to moving forward in any partnership in Indonesia. If you find out that the partner is not the right fit, don’t even start.
3. You Forgo Legal Assistance
While starting a business with a partner, you may encounter many challenges in terms of entity formation, intellectual property protection, loans and financing, contract specificity, and other legal obligations and liabilities.
Therefore, before and during the partnership formation, seeking legal advice is extremely important.
A professional legal consultant can provide useful resources and support that can help mitigate partnership risk and ensure future business success.
While many business owners prefer to put their money in marketing and product development, hiring a legal advisor should not be an afterthought.
The sooner you employ the assistance of a legal consultant, you can save more money and headaches down the road.
4. You Skip the Written Contract
Another mistake that a business owner can make is that you fail to implement a partnership contract or agreement.
No matter how good your relationship with your partner may be, it may turn into a disaster when you don’t put agreements and systems in place.
Drafting a written agreement before commencing a partnership in Indonesia not only clears all the parameters of this professional relationship, but it also helps your business reap the most benefits out of the capital and combined skills.
5. You Don’t Adopt an Exit Strategy
An exit strategy is so important but still many business owners do not implement it.
The reasons for most entrepreneurs to quit a business are because of business failure, partnership failure, burnout, and even boredom with the company. Therefore, it pays a great deal to plan your exit strategy.
The right exit strategy can protect your rights and wealth, and avoid legal disputes.
If you decide to form a partnership in Indonesia, you will require a partnership agreement in place.
Regardless of whether you have a startup or a firmly established company, a legal partnership agreement can help you protect your business by avoiding possible risks and conflicts.
Cekindo can provide you with affordable professional advice for your unique situation. For a free quote and consultation, contact a Cekindo’s advisor today.