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.
As a business owner, you should know that business deals in Indonesia cannot be based simply on a promise or a simple handshake. If you run your business solely on verbal trust, you are leading your business to unwanted danger. A thorough and well-written commercial contract is undoubtedly necessary in Indonesia to protect your business from unwanted negative consequences.
Having a commercial contract in place for any business transaction allows you to manage and mitigate risks that may occur in the future. In addition, a commercial contract is a black-and-white record for all agreed deals, serving as a proof of obligations and rights among parties if unforeseeable disputes arise in the future. All terms and agreements in the commercial contracts in Indonesia are regulated based on the Indonesia Civil Code (Kitab Undang-Undang Hukum Perdata).
To make sure your business is under protection, here are the 7 aspects you should consider when preparing a commercial contract in Indonesia.
1. Under the Business Transaction
For all business deals, you need to know whether a transaction is permitted under Indonesia Law. For instance, a foreigner is prohibited to own a land directly in Indonesia.
2. Get to the Person in Charge
You should not waste time negotiating a business agreement with an employee who has no direct authority in the business deal. In accordance with Company Law in Indonesia, the only person who can represent a company and sign in an agreement or contract is the company’s director. Therefore, remember to be in touch with the right person.
3. Be Clear on the Termination Details
It is always best to set out clear circumstances and conditions for contract termination. This may prevent future disputes before they can even happen. For instance, according to Indonesian Civil Code, if one party fails to fulfill an important deadline, the other party can terminate the failed party in 14 days.
4. Ensure Payment Obligations are Included
Clear payment terms are key to successful business agreement. Always make sure all payment details and conditions are specified: due date, payment term, payment due date, payment method, etc.
5. Take Local Language into Consideration
According to Agreement Law in Indonesia, the national language, Indonesian, must be used in all agreements, contracts, and memorandums in Indonesia. Therefore, it is wise for businesses in Indonesia to draft their commercial contracts bilingually with Indonesian as one of the languages in the contracts.
6. Resolve Disputes Cost-effectively
If disputes do happen, make sure you include a clause about dispute resolutions. Pick the right dispute settlement institution such as arbitration, as you do not want to get stuck litigating your dispute in a state court that will take much longer time.
7. Keep it Confidential
You definitely want to include a confidentiality clause such as non-disclosure clause in your agreement, especially when the other party has access to your commercial contract. Doing this will prevent the other parties from leaking your private and important information to the world. For example, when the other party breaches this provision, you can punish the said party according to the details set out in the agreement.
Cekindo can help you draft a solid commercial contract in Indonesia that protects the interests of all parties involved in the deal. We provide agreement drafting and reviewing for both legal agreements and standard business agreements.
To start drafting your commercial agreement now, you can head to our Cekindo office, either in Jakarta, Bali, or Semarang.
For more information, you can send us an enquiry by filling in the form below.
Edy Tarlesno holds various certifications and a respectable degree to be an expert on internal and external legal compliance in Indonesia. His experience starts from bankruptcy and insolvency, leading to a prominent social foundation consultancy in Indonesia.