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.
Establishing a foundation in Indonesia is one of the great ways for a business to establish credibility and to continue the legacy of its founder. This is particularly important for non-profit organisations as credibility can determine their sustainability and ultimate success.
For a foundation that acts in the form of charity or provides non-profit assistance to those in need, it would be hard to gain public trust if it does not have a legal entity, necessary licenses, a solid organisational structure and transparent financial management. Therefore, it is important for a foundation to show the public their legitimacy as an evidence of trustworthiness.
So, how to establish a legal foundation in Indonesia in accordance with Indonesia Foundation Law 28/2004? Cekindo lists the nine important points for you to consider in this guide.
1. The Founder
First of all, you need to know who can legally establish a foundation in Indonesia. In accordance with Foundation Law 28/2004, both Indonesian nationals and foreigners can set up a foundation in the country with certain requirements to be fulfilled.
Furthermore, an organization can establish a foundation in Indonesia as long as it is a legal entity under Indonesia Law.
2. Organisational Structure
One of the goals to establish a foundation is to achieve the social, religious and humanitarian goals in a more professional and legal setting. Therefore, it is vital to establish clear obligations and rights for each role in the organization. In general, a foundation should have a structure with these roles: the founder, managers, and supervisors.
3. Distinct Assets and Capitals
The asset and capital of a foundation must be separated from the personal assets of its founder. The founder will also have to prove the validity of the distinct assets of the foundation.
For foundations established by Indonesian nationals, the foundation’s initial assets and capitals have to be IDR 10,000,000; for foundations established by foreigners, the total initial assets and capitals are IDR 100,000,000. The initial assets and capitals can be in monetary forms or other assets such as property and equipment that are used for the foundation’s operation.
4. Deed of Establishment
In order to build a legal foundation in Indonesia, you will need the deed of establishment to prove that your foundation has gained its legal status in the country. The Minister of Law and Human Rights in Indonesia is the authority that approves a foundation’s deed of establishment.
The request for approval must be submitted to the Minister no later than 10 days starting from the signing date of the deed.
5. Tax Identification Number (NPWP)
Once you have obtained the deed of establishment for your foundation, you can then get your NPWP in order to file and report your taxes.
The process of acquiring a NPWP from the tax office is convenient and speedy with the assistance from Cekindo.
6. Location of the Foundation
It is critical to understand the spatial planning and zoning regulations in Indonesia before establishing your foundation in the country. These regulations can vary in different provinces and states.
Only certain zones and locations are permitted for such establishment. You should also take note that a foundation established with a virtual office is prohibited in Indonesia.
7. Certificate of Registration
Every foundation with activities in the social welfare must get a registration certificate from the Ministry of Social Affairs in Indonesia with a written application to the Ministry’s head. The entire process can be done conveniently through the One-Stop Integrated Service Office (PTSP).
8. Permit for Operation
You need an operating permit to run your foundation. This permit can be obtained once the foundation is registered accompanied with relevant legal documents such as deed of establishment, NPWP, technical proposal, etc.
9. Permitted Business Activities
Foundations in Indonesia need to face certain restrictions while carrying out their business activities in accordance with Foundation Law. For instance, an educational foundation is only allowed to conduct business activities through the establishment of an educational institution.
It will also be useful to read: Newest Regulation on Foundation Name in Indonesia
Cekindo is well equipped with experts and years of experience in the Indonesian market to assist people to successfully transition business and leadership to making an impact on society and future generations.
If you are considering establishing a foundation in Indonesia, Cekindo can provide catered solutions to help you build your well-structured organisation. Reach out to Cekindo by filling in the form below to discuss further.
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.