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.
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.
Buying property in Bali or throughout Indonesia feels easier than ever. With new laws introduced, foreigners are encouraged to do property investments, especially in Bali. The new property regulations make Bali an alluring destination for property investment.
For the past few years, global property markets came to a standstill due to the outbreak of COVID-19, and Indonesia was no exception. However, the long-term outlook of Indonesia looks optimistic.
Optimism comes from factors like relaxed foreign property ownership regulations, affordable property prices, and buyers postponing their purchase decision to the current year.
Those characteristics may increase the inflow of property investors, thus adequately contributing to uplifting the market and witnessing a rebound through the second half of 2021.
The trend of buying property in Bali has shown exponential growth in return on investments and capital gains. Property prices keep rising by 20% and in some popular areas even reach 40% as the highest increase rate in land prices in Indonesia.
In terms of taxes, the Indonesian government revised the luxury goods (PPnBM) tax policy for properties. Previously, apartments with a selling price of at least IDR 10 billion and houses with a selling price of at least IDR 20 billion were subject to a 20% luxury goods tax.
The latest revision has now raised the minimum price to IDR 30 billion (for all types of property). The decision to raise the minimum price is designed to boost Indonesia’s luxury property sector.
While 2020 was a sluggish year, in 2019 AirDNA, a leading data and analytics provider of global short-term vacation rental, tracked an increase of 42,000 active rentals in Bali listed across Airbnb and HomeAway.
These numbers of active rentals account for 7% quarterly growth since 2017, with an average occupancy of 57% at an average daily rate of US$144.
Bali is on its way to recovery, as the local government rolls out its island-wide vaccination program, serving hospitality workers as a priority, and its central government reopens its borders for selected visa holders.
And according to Minister of Tourism and Creative Economy, Sandiaga Uno, in April 2021, domestic arrival in Bali reached approximately 8,000 visitors a day – 50% of pre-Covid-19 domestic arrival.
With the Enactment of the Omnibus Law, the government amended several stipulations in Indonesia’s Spatial Law, Building Law, Housing Law, and Apartment Law, with the intention to improve the ease of doing business, specifically in the Indonesian property sector.
Previously, investors who were buying property in Bali were required to obtain a spatial utilization permit issued by the local government before commencing their business. This process is not only lengthy and complicated but also varies from one region to another.
However, the Job Creation Law has replaced it with a document called Kesesuaian Kegiatan Pemanfaatan Ruang (Space Utilisation Conformity) that simplifies the owning process.
Each local government helps to upload a detailed spatial plan to Indonesia’s Online Single Submission (OSS) system – a central digital system to process business-related permits, checks, and more.
This means that businesses can conduct a self-assessment on whether their proposed business activities in the desired area conform with the prescribed utilization of the land. If it does, businesses can then quickly move ahead with the licensing process, directly in the OSS.
Another significant change introduced is the approval of foreigners to own apartments under a Freehold Title Certificate for Apartment Unit, which is built on top of land with a Right to Build or a Right to Use permit.
Despite the redaction of burdensome steps, certain conditions and requirements remain, specifically for foreign investors who seek to build apartments or villas from scratch.
As the new regulation states, building owners are to appoint a group of building service providers, consisting of a planner, a manager, and a supervisor before starting construction.
This could lead to an increase in production costs and cause foreign investors to look at buying existing properties as a more profitable option to increase their Return on Investment.
While promising markets and relaxed regulations are good news for foreigners who are considering buying or leasing a property in Indonesia, especially Bali. There are 8 common mistakes buyers need to be aware of before investing:
Depending on what type of activities you want to undertake, different types of property rights are available to the holder:
Even with the relaxation of government laws, buying real estate in Bali can be a tedious task. InCorp Indonesia (formerly Cekindo) provides a range of comprehensive services to help you in setting up your land and property investment plan in a secure way. Be it conducting due diligence to help you assess the credibility of the company you want to work with or understanding the foreign ownership
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.