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.
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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.
In Vietnam, it is important to know your opportunities and obligations when you recruit and hire people. This article will help you familiarise yourself with the labour process, employer regulations, basic hiring process in Vietnam, as well as the resources that are available for you as an employer.
Over the past decades, Vietnam has encountered accelerated yet comprehensive development. A rapidly booming economy is leading to economic changes as well as the structures of society.
An increasing number of people are now hired in services and manufacturing sectors, contributing to the rise of the GDP. With the continuous economic integration of Vietnam into the world economy, the pace of this change has shown no sign of stopping
With approximately 1 million young adults entering the labour market annually, Vietnam has a large base of the labour force. The high value of Vietnamese labours is due to their flexibility of adopting new technology and put them into application, not to mention their diligence and resilience.
However, many foreign and local firms in Vietnam, realise that the workforce in Vietnam is beneficial when it comes to its number – even with the huge young workforce, there are still significant talent and skill gaps between the position and applicants prevailing in industries that require profound language and technologic skills.
As a result, a large number of Vietnamese workers are still engaged in positions or jobs that require relatively lower skilled or blue-collar jobs while foreign nationals occupy management positions primarily.
In addition to the great number of labour, another advantage of the Vietnamese workforce is its lower cost.
The average salary in Vietnam is much lower as compared with other regions across the world. For instance, the monthly Vietnamese wage for blue-collar workers ranges from US$50 (VND 1,000,000) to US$125 (VND 2,500,000); for office workers, the monthly salary ranges between US$150 (VND 3,000,000) and US$350 (VND 7,000,000).
Though the cost is lower, as of 2017, it was recorded that the monthly average salaries for both private firms and foreign companies grew by 3.3% and 13.5% respectively. The following data are some of the areas in Vietnam with highest average salaries:
As mentioned earlier, many companies in Vietnam, especially foreign-owned limited liability companies, find it hard to hire skilled labour in the country.
The 2019 Global Talent Competitiveness Index (GTCI) assessed that Vietnam is ranked 92 among 125 countries for having the ability to bring in, develop and keep the talent.
This study tells us that Vietnam faces a challenge for not having skilled and talent labours with adequate education qualification, especially in vocational and technical skills
The skilled labour shortage will definitely impair the economic transition from labour-intensive industries to high-tech markets. As a result, the slowdown will affect Vietnam’s competitiveness negatively and hiring a suitable candidate will become more difficult. Currently, approximately 40% of foreign entities in Vietnam have issues recruiting skilled workers.
As you can see, sectors with intensive labours continue driving economic growth in Vietnam. However, as the global economy progresses towards Industry 4.0, the government realises the necessity to bring in effective reforms across all major sectors – in an effort to boost the labour quality and create more competitive edges for the labour market in the country.
In March 2018, the Vietnamese government took steps to increase training in technical and vocational fields to cater to the requirements of the labour market. By introducing Decree No. 49/2018/ND-CP, young adults in Vietnam now have the opportunities to gain the accreditation of vocational education.
The government wanted to achieve the target to provide vocational training to 2.2 million people in Vietnam in 2018. The result was positive – as of the first quarter of 2018, Vietnam has already had more than 1,900 vocational training centres, including 545 vocational schools and 395 colleges.
These institutions offer programs in information technology (IT), beauty services, tourism, fashion, textile and garment, construction, precision mechanics, pharmaceuticals, and hotel management.
You might also want to read Doing Business in Vietnam: What are the Challenges?
There are many ways to recruit and hire high-quality workforce in Vietnam that you can use once you have your company set up.
One of the most popular ways is to outsource the recruitment and hiring process to a third party. Outsourcing helps organisations to introduce companies to the public and attract a large number of candidates – both locally and internationally.
If you think that hiring foreigners is more ideal for your current business operations in terms of specific skills and knowledge; or because you do not have the time and capital to train an existing employee for that particular skill set, the process of hiring a foreigner does not have to be difficult if you understand its regulations well.
In Vietnam, permits such as business visa, visa exemptions, and a resident card will not allow foreigners to work legally. This is because according to the Labour Code in Vietnam, a foreign individual must secure a work permit prior to any of his or her employment in the country.
The only exception for the application of the said work permit is for a foreigner to obtain exemption certification and meet the exemption criteria. For instances, foreigners are the members of the board of directors of joint-stock companies in Vietnam, owners of a single- or multiple-member limited liability company, etc. For detailed information, contact Cekindo.
A work permit is required for a foreigner who wishes to work in Vietnam, and the permit must be applied at the local Labour Department. Besides just the work permit, the foreigner will need to have a residency permit and business visa to stay legally in Vietnam while he or she is employed.
It is mandatory for foreigners who work in Vietnam for more than three months. This permit is valid up to twelve months and can be renewed afterwards.
A business visa is necessary only when a foreigner works in Vietnam for fewer than 3 months. With that being said, a work permit is not necessary for this case.
The application of business visa will need an invitation letter from the partner company in Vietnam. Cekindo can serve as your invitation letter provider.
This document entitles a foreigner to stay in Vietnam during his or her employment. The residency permit has the same validity as the work permit.
Interested in hiring a foreign worker in Vietnam? Make sure to read Foreign Employment in Vietnam in a Nutshell.
To ensure a smooth process of searching for adequate candidates, their selection and overall activities related to recruitment, outsourcing recruitment in Vietnam is definitely the most beneficial solution. Outsourcing not only saves your time, which you can devote to your major profit-making activities, it also helps lessen the burden of providing your future employees with the right documents and required permits, especially if foreigners are involved in the processes.
See yourself. Fill in the form below, contact Cekindo’s specialists in Vietnam and get a free quotation on your requested recruitment in Vietnam.
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