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.
Since the issuing of Presidential Decree No. 44 Year 2016, foreign investors can now open an e-commerce company in Indonesia with 100 percent of full ownership for foreigners. This condition opens an opportunity for e-commerce business to fully expand in Indonesia.
In this article, we will show you in depth about establishing or opening e-commerce business in Indonesia. Since there are a lot of things to comply, you need to pay attention to every detail to welcome this opportunity (read: how to establish a company in Indonesia).
All online companies, which focus on marketplaces, websites for daily deals, websites for price- grabber or price finder, online services, and websites for listing.
The awareness of how important internet for your life have increased year by year. Implication is also big. In 2016, 40% of Indonesian total population has internet access. The hype of smartphones and internet among Indonesian people also boost the sector of online shopping, which in 2016 alone is expected to double up than last year (up to US$20 billion). Moreover, for the online retail industry, it contributes up to 5% of the total economy, compared to only 0.7% in 2015. So, as per June 1, 2016, the e-commerce sector was no longer in its negative investment lists.
The Foreign e-commerce company could be owned by 100% foreigners if the company invests at least IDR 100 billion—about US$7.4 million. The companies that invest less than IDR 100 billion could only be owned by 49% of foreigners. If your company invest less than IDR 10 billion but it can open a job opportunities for at least 1,000 local people, it can also be owned 100% by foreign investors (read: the latest invesment negative list).
1. Below are types of e-commerce businesses that can be owned by 100% foreigners:
2. Below are types of e-commerce business that cannot be owned by 100% foreigners (maximum of 49% of foreign ownership):
If you sell the local products, it’s not necessary. But if you sell the import products, you have to register your products before selling them online.
There are generally 3 types of e-commerce business in Indonesia. They are:
Currently, the following business sectors are the most popular one in the e-commerce industry in Indonesia. Almost all of them are focusing on the e-commerce business for customers. They include the sectors in apparel or clothing, footwear or shoes, books, cosmetics, bags, watches, automobile accessories, airplane tickets, as well as mobile phones or smartphones.
There are also a growing trend in transportation services (like Uber or Grab), tourism and accommodation, as well as food and beverages.
[2020 Update] Impressively, Indonesia had a massive GDP worth of US$1.02 trillion in 2018. The rapid development of infrastructure and the internet penetration in Indonesia have grown almost 50% in just mere 4 years and contributed to 50% of the digital industry’s value in 2019. Following this, the e-commerce sector will continue to take the lead towards 2025, dominating 60% of the digital industry.
Businesses with the capital of less than IDR 100 billion can still open a business in Indonesia based on the rule on micro, small, and medium enterprises, which is stated in the Government Regulation No. 17 Year 2013. However, the ownership of foreigners should be maximum of 49%. The description is as follows:
Here are the legal steps of opening an e-commerce business in Indonesia, for both the big companies or the micro, small, and medium enterprises:
In this process, you need to get the form of a company deed and consult with a notary. Further, the notary will help you to check the availability of your company name by accessing the data in the Ministry of Law and Human Rights. Then, the notary will issue some documents needed for further process of company registration.
Obtain a domicile letter from the local government where your business is located.
The domicile letter is a requirement document to make a tax card. You will obtain a tax number (NPWP) and a tax card from the local tax office.
Complete the application online to register your company to the Minister of Law and Human Rights. You need to submit the application with all of the documents stated previously. Plus a bank statement and the statement of your transaction.
SIUP is a permanent business trading license whereas TDP is the company registration certificate which states that your business has been legally registered by the Ministry of Law and Human Rights. After you submit all of the requirements and documents, you can get both of them in the region’s one-stop-service office.
Register only if your business has more than 10 staff or workers with a minimum salary of IDR 1 million. Now by registering your company to the Ministry of Manpower, you have certain obligations to include your workers to some working insurance and health insurance.
Having completed all of the legal requirements, you can now start to set up your e-commerce business legally.
Check for the summary about establishing a company and other business support services.
Normally, entrepreneurs who are interested in opening an e-commerce company in Indonesia will have to satisfy the following requirements, which will be fully effective in November 2020.
1. Local and Foreign E-commerce Organizers (PPMSE)
2. Local and Foreign E-commerce Merchants
3. Local and Foreign Intermediary Services Organisers (PSP)
Cekindo can help your company for both 100% foreign ownership and partially ownership e-commerce company in Indonesia (Read: step-by-step guide establish a company). Most importantly, we also give services for micro, small, and medium enterprises to enter Indonesian e-commerce business easily with no hassle.
Moreover, we guarantee that registering and starting your business with us is the best way to cut down all of your burdens concerning the many requirements and the confusing bureaucracy in Indonesia.
Just contact us via the form below for further discussion. Opening an e-commerce company in Indonesia will be seamless.
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.