Home Blog 5 Useful Services to Consider When Expanding Business to Indonesia Uncategorized 5 Useful Services to Consider When Expanding Business to Indonesia InCorp Editorial Team 25 August 2020 4 minutes reading time Table of Contents Expanding Business to Indonesia: 5 Useful Services Cekindo as Your Business Expansion Partner in Indonesia Foreigners expanding business to Indonesia will face an array of challenges. As your business grows in Indonesia, to thrive quickly and successfully, every business needs different support and solutions. Most entrepreneurs have a set of talents but many times it is impossible to do it all yourself. Recognising the need in seeking necessary support is essential if your business is to continue to expand and prosper. Today, a lot of outsourcing services on the market are no longer just reserved for big businesses as technology has made outsourcing more affordable and accessible for many small businesses. Effective services can help you make the most of your business and increase your bottom lines, creating sustainable growth for the future. Here are the five most useful services to consider when expanding business to Indonesia. Expanding Business to Indonesia: 5 Useful Services 1. Recruitment and Payroll Services Hiring staff and managing employee’s payroll are considered the two most time-consuming and intensive human resource activities. You are not only responsible for obtaining ideal talent, you will also need to keep track of the employee’s payroll and ensure that they get their paycheck on time. In Indonesia, a recruitment service can help you attract top talent with a shorter recruitment process and higher employee retention. And, a payroll service can help you easily deal with all-time tracking, salary, compensation, benefits, and employee taxes to prevent errors and discrepancies. 2. Tax and Accounting Services When you have a small business, it is relatively easy to manage your accounting and taxes. However, when your company grows into a larger corporation, accounting and taxes will become more complicated and will be harder to deal with. It is always smart to hire a company to prepare and file your taxes, especially when you are expanding. You will also get instant access to invaluable resources and advice from experts, saving you the headache of dealing with all tedious tax issues and avoiding errors and penalties. 3. Employer of Record Services Employer of Record (EOR) services has gained so much popularity in Indonesia as they are effective solutions for many foreign companies. An Employer of Record in Indonesia enables you to comply with local regulations and laws, focus on your core business functions, ensure effective resource management, and avoid penalties. 4. Legal Consultation Services If you want to have your business go as smoothly as planned, it is important to make use of legal consultation services. The services are even more essential in a place like Indonesia with a dynamic business environment and constantly changing laws, where missteps can happen easily without proper assistance. Therefore, seeking legal consultation can not only ensure the success of your business incorporation but also safeguard your business against legal implications. 5. Work Permit and Stay Permit Services Foreigners are only allowed to enter, stay, and work in Indonesia with valid legal visas and permits. Based on the purpose of foreigners’ stays in Indonesia, the type of visa and permit required is different. For foreigners who are unfamiliar with the local regulations, the requirements and procedure for visa and permit application may be confusing. With work permit and stay permit services, you will save more time and energy on navigating the process and avoid failed applications. Cekindo as Your Business Expansion Partner in Indonesia Cekindo offers a full corporate service in Indonesia when you are expanding your business to Indonesia. We provide all kinds of legal and business support to corporate clients and private institutions Our legal consultants in Indonesia act as an integrated team across Indonesia, with experts, spread across all cities and provinces. We have years of in-depth business expansion experience and understand the risks and challenges you encounter. Cekindo takes a pragmatic approach to work out problems and provides focused solutions to mitigate risks and ensure greater business success. Choose us as your business expansion partner in Indonesia today. Fill in the form below to further discuss the above services. Read Full Bio Verified by Daris Salam COO Indonesia at InCorp Indonesia 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. Frequently Asked Questions If investors intend to conduct business in Indonesia, what kind of organization must they establish? Within the scope of foreign direct investment in Indonesia, foreign investors can typically do business in two ways: Set up a PMA (Perusahaan Modal Asing) PMA is a local subsidiary in the form of a limited liability corporation for foreign investment reasons Set up a RO (Representative Office) According to Law No. 25/2007 on Investment, foreign investors are required to establish a PMA company in order to make direct investments and conduct commercial and business activities in Indonesia. A PMA firm in Indonesia is a legally recognized business entity that can engage in various commercial and business operations as long as it complies with the current laws and regulations. As for RO, its purposes include conducting market feasibility studies and liaison activities. Can you provide pricing details for HR outsourcing services? To provide you with accurate pricing information for our HR outsourcing services, we consider the complexities of your inquiries and the dynamic nature of regulations in Indonesia. As a result, the pricing for the service may vary accordingly. For detailed information, please get in touch with our consultants. What other things should be considered when hiring local and foreign employees in Indonesia? There are a few things to consider, such as: Prohibit any form of discrimination and provide equal opportunity for Indonesians and expatriates Increase the competence of workers by giving or encouraging job training. Follow the termination procedures (Terminating an employee in Indonesia can be long, tedious, and expensive. Observe working hours, holidays, and overtime regulations Give mandatory employee benefits, including social security and health insurance Withhold only the right amount of income tax on behalf of the employees Follow the wages and other benefits outlined by the law Process work permits for foreign employees What is PT (Perseroan Terbatas)? PT (Perseroan Terbatas) is the Indonesian term for a limited liability company. Get in touch with us. Lead Form Contact Full NameEmailPlease provide corporate email where possiblePhone NumberOffice SetupWhich city are you planning to expand into?JakartaSemarang/Central JavaBali/LombokBatam/SumateraSurabaya/East JavaOther ProvincesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Package (20% OFF)[SPECIAL PACKAGE] Product Registration + License Holder (20% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Service (20% OFF)[SPECIAL PACKAGE] Comprehensive Industrial Package (15% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Service (20% OFF)[SPECIAL PACKAGE] Comprehensive Industrial Package (15% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration (25% OFF) + Office Space (Private Office 30% OFF)[SPECIAL PACKAGE] Company Registration + Investor KITAS (25% OFF)[SPECIAL PACKAGE] Accounting + Tax Services+ Annual Fintax Report (20% OFF)[SPECIAL PACKAGE] Payroll Services for Executive Role (20% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration (20% OFF) + Office Service (25% OFF)[SPECIAL PACKAGE] Company Registration + Micro Finance Services (25% OFF)[SPECIAL PACKAGE] Property Assistance: Due Diligence + AJB Purchase/Lease Agreement (25% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesServices Company Registration Renting Virtual and Serviced Office Mergers and Acquisitions Business and Import Licenses Corporate Recovery and Insolvency Closing of Company (Dissolution) Land and Property Ownership Shelf Company Local NomineeServices Accounting and Tax Reporting Audit and Review Transfer Pricing Compliance Tax RefundHuman Resource Sub Services Payroll Outsourcing Employer of Record Recruitment and HR Establishment Employment ServiceServices Business Visa Work Permit and KITAS Dependent Visa (Spouse and Family) OtherBusiness Visa Subservices Business Visa Visit Visa Visa ExtensionServices Medical Device Beauty (Skincare and Cosmetic) Food and Beverage Health Supplement Household Product Halal Certification TrademarkServices Legal Consultation Legal Agreement Service Due Diligence and Background Check Company Documents RevisionBusiness Advisory Business Advisory Services ESG Reporting & Advisory Internal Audit Risk ManagementMore Services Market Research and Analysis Local Distributor and Partner Bank AccountMessageSubmit What you’ll get A prompt response to your inquiry Knowledge for doing business from local experts Ongoing support for your business 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. More on Uncategorized The Facts about Annual Tax Return in Indonesia Read more When A Meeting Venue Matters for Your Business in Jakarta Read more Indonesia: Becoming a Global Leader in Manufacturing Read more