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.
Initial Public Offering (IPO) refers to the offering of shares of a private corporation to the public for the first time. The purpose of a public offering is to raise capital from public investors.
Public offerings benefit privately-owned companies to make their way to the headlines and achieve a monetary advantage. Companies will list their shares on a stock exchange. Therefore, the shares are now available for purchase by the general public.
Despite the simplistic term, going public is a very long, challenging, and tedious process for a company. Therefore, the public offering process involves rigorous preparation. Not only that, but companies also should take measures to increase public exposure post going public.
Before the companies can make public offerings, paperwork and financial disclosures are the main requirements. The requirements are set out by the Financial Services Authority or the Otoritas Jasa Keuangan, which regulates and supervises the financial sector.
To make the transition smooth, companies hire underwriters, usually investment bankers, to consult and help set up the initial price for the offering. Underwriters assist the company’s management prepare for the IPO by creating vital documents for existing investors and scheduling meetings with potential investors. The conference or exhibition with potential investors is often referred to as a roadshow.
There are multiple reasons why a company may decide to go public. Firstly, it is done for companies looking to expand their pool of shareholders, including investors such as founders, family, and friends.
Secondly, by going public, a company increases its access to raising more money to finance the business. Therefore, a public offering allows the company to grow more ferociously. The company could also use the financial advantages to fund research and development or pay off existing debts.
Thirdly, a company also increases credibility by going public as it requires transparency. This would help the company obtain better terms when borrowing funds. However, a factor often considered by companies considering going public is the accountability factor that follows such a decision, as these companies are now answerable to all the shareholders.
The trend of companies going public has been upward for multiple reasons. IPOs provide companies with a financial cushion that gives room for companies to innovate and take risks that would further grow the company.
Aside from that, the public offering allows companies to be more liquid and opens roads for company owners to convert their ownership to other means of currency or investment.
IPOs enable the shares to be sold promptly with only minimal transactional costs. Investors and shareholders can now finance future projects. Companies on the verge of a breakthrough can get that final push towards the achievement with the public offering funds.
Another factor in doing an IPO is the potential of conduction and funding for mergers. Investing in similar businesses is something that companies could do with IPO funds to diversify.
Several steps are integral for startups looking to go public. The first and primary step is to hire an investment bank that conducts underwriting. Underwriting essentially refers to the attempt of investment bankers to raise capital from investors on behalf of companies seeking to go public. In this, the investment banks act as a middleman.
The company then negotiates the deals with the investment bank to outline the number of funds to be raised, the securities issued, and the structure of the arrangements. Following this step, the investment bank aids the registration agreement to be filed with the Indonesian Stock Exchange, which includes financial statements, management background, and legal aspects of the companies.
The offering date is decided upon verification and approval by the authorities. After rigorous negotiation, the investment bank finally sells the securities in the stock market.
The essentials of doing an IPO are due diligence and regulatory filings. Due diligence refers to comprehensive and rigorous background research done on the company. This usually is done by combing through the company’s organizational data and gathering the company’s documents like the Articles of Incorporation, Shareholder List, Annual Reports, and supplementary business plans.
Following this, due diligence often focuses on the licenses a business has and the company’s tax filings. The Board of Directors, managers, and employees of a company are also constantly scrutinized to ensure that the company has been operating under the prevailing labor and other laws.
The final steps usually look into the customer information, the product or service provided by the company, and also the company’s assets.
By conducting due diligence, the underwriting team can understand the company, its operations, and the feasibility of going public. The benefits can be reaped by both the investor and the company itself. In this regard, InCorp Indonesia (formerly Cekindo) provides company registration and accounting services for companies looking to go public.
With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships.