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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.
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.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
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.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
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 countrys 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.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
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.
Learn more about the SNI 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 todays 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.
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.
In Indonesia, a merger and acquisition (M&A) is done to stimulate growth, increase market share, influence supply chains or to gain competitive advantages. The process is performed through the consolidation of companies or assets.
M&A transactions were significantly active between 2016 and 2018. In 2016, there were 71 M&A deals in Indonesia with a total value of US$1.9 billion. In the following year in 2017, there were 81 M&A deals and the value spiked to US$4 billion. Though fewer deals are observed in 2018, a total of 69 deals, the total value saw an incredible hike at US$10 billion.
Despite the remarkable results, the merger and acquisition process is relatively complicated, requiring the use of substantial time, effort and resources.
However, Cekindo wants to make this less complex for you so that you can achieve your M&A goals. What you are going to read in this article will tell you what you need to know about post merger, acquisition and consolidation transactions in Indonesia.
Regulation 3/2019 on Assessment of Mergers or Consolidations of Business Entities, or Acquisition of Shares of Companies became effective on October 3, 2019, replacing Regulation No 13/2010. It was issued by the Komisi Pengawas Persaingan Usaha (KPPU) or Business Competition Supervisory Commission on October 2, 2019.
This new regulation states the requirements to notify the KPPU with regard to completed mergers, consolidations, and acquisitions of shares transactions. It also specifies the notification requirements and procedures with some major changes.
Asset Transfers in Regulation 3/2019
Previously, asset transfers were not governed by the KPPU. Currently, however, KPPU must be notified of asset transfers that fulfill the requirements under Regulation 3/2019. KPPU will then conduct an assessment to determine if the asset transfers create any business competition that is unfair or monopolistic practice.
KPPU must be notified of asset transfers that will produce one or more of the following results:
Asset or Sales Value Calculation: The New Requirements
The calculation of asset or sales value is clarified in Regulation 3/2019. The regulation stipulates that the calculation is only valid when the asset or the sales value of the current year is lower than the year before. Also, if a company has only been operating for not more than three years, the calculation of asset value or shares is done based on the last two years’ assets or sales value average.
Post-Transaction Notification Forms Is in New Format
Now, according to Regulation 3/2019, there’s a guideline summary on how to fill out the post-transaction notification forms.
Information regarding the consumers, suppliers, and competitors are classified as additional information. You will only need to fill out this additional information when requested by KPPU, and they may not be necessary for the assessment.
Reporting Obligations of Transactions outside Indonesia
It is compulsory to notify KPPU for all mergers, acquisitions and consolidations conducted outside Indonesia under Regulation 3/2019.
Acquiring the right business partner can be a difficult task. Many of the merger and acquisition (M&A), especially the post merger, acquisition and consolidation transactions do not succeed to get the results that were initially envisioned.
Cekindo’s M&A professionals in Indonesia with experience and various backgrounds in corporate finance, value strategy and deals, incorporate their expertise and knowledge to help you maximise the transaction value.
We are a leading M&A services provider in Indonesia that assists our clients in all aspects of M&A transactions including post merger, acquisition and consolidation transaction, and due diligence.
Now you can be better positioned with the assistance from Cekindo to minimise your M&A risks and expedite your deals.
Furthermore, you will be able to grasp and deliver value to your stakeholders and achieve in-organic growth rapidly. Our M&A professionals are ever ready to serve you in your successful M&A strategies.
Get in touch with us to discuss more by filling in the form below.
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.
Disclaimer: The information is provided by PT. Cekindo Business International (“InCorp Indonesia/ we”) for general purpose only and we make no representations or warranties of any kind.
We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Indonesia or its appointed officials.
We do not promote any official government document or services of the Government of the Republic of Indonesia, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website.