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 the capital of East Java, Surabaya has more than 3 million people in the city. Though populated, the city is actually less saturated than Jakarta and Central Java with high economic growth. Doing business in Surabaya, then, is something you as a foreign investor want to consider.
Over the past few years, many investors from all over the world have shifted their attention from major cities to Surabaya, focusing on trading (export and import), resources, manufacturing, and infrastructure sectors.
Let’s take a look at the reasons you should invest in Surabaya and the types of legal entities that are available for you.
Surabaya is the gateway to East Indonesia. With its sea and air connections, the city grants access to the Javanese interior. What is more, its proximity to major trade routes among the Java Sea, Indian Ocean, Maluku Islands, and the Straits of Malacca has made Surabaya an ideal location for import and export.
Best Tourism City
At the Yokatta Wonderful Indonesia Tourism Award, Surabaya was awarded the “Best Tourism City” for outstanding commitment, performance, innovation, creation, and leadership in developing regional tourism. This is also one of the reasons Surabaya has become a top investment paradise in Indonesia for foreigners.
The surge of business license applications in Surabaya – 9657 business licenses was issued in 2018 – also indicates the rise of the investments. Most of these investments came from China, Singapore, Japan, South Korea, the USA, Oman, and Saudi Arabia.
Strong Economic Growth
The gross regional domestic product (GRDP) of Surabaya was recorded at US$34 billion in 2016. With the increase of per-capita income from US$ 784 to US$ 1190 in the same period, Surabaya has also transformed into a city of prosperity with a higher percentage of the middle-income group with elevated consumption levels.
In order to lead more investors into the booming investment scene in Surabaya, the government has put in a lot of effort to improve the city’s infrastructure and appearance. Regional zoning is also under consideration for the purpose of stretching the investment opportunities.
West Surabaya region is now concentrated with property investments while Surabaya’s city center has more service investments. Therefore, regional zoning placement will make perfect sense to make Surabaya an outstanding investment utopia.
You will need to incorporate a legal entity in Surabaya if you’d like to set up your own business in the city. Before the establishment, you must know the correct type of legal entity that is suitable for your current business circumstances.
Especially for foreign companies that haven’t had any experience in establishing a company in Indonesia, seeking professional advice from an expert business consultant is highly recommended.
In general, there are three legal entities in Surabaya that are most suitable for foreign investors:
Foreign-owned limited liability company (PT PMA)
Local limited liability company (PT)
There are two options to start an export or import business in Surabaya: establishing your own foreign-owned company PT PMA or engaging a third-party undername import/export company.
To set up an import/export PT PMA, you will need to meet the following requirements:
On the other hand, engaging an undername export/import company will save you all the time you need to put in for the procedure and paperwork. You can just start your import/export business right away without applying for business licenses and permits.
Related article: How to Prevent Your Goods from Being Stuck at Indonesian Customs
Whether you want to know more about establishing a company or how to start a business in Surabaya, you can always contact Cekindo for further information.
Get in touch by filling in the form below or visiting our offices in Jakarta, Bali, and Semarang.
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.