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.
Indonesia’s attractiveness as an investment destination stems from a combination of its advantageous natural resource endowments and geographically strategic location. Indonesia, a diverse archipelago nation with over 300 ethnic groups, continues to be Southeast Asia’s largest economy.
The country’s growing young population and increasing urbanization have made it one of the world’s fastest-growing consumer marketplaces. Between 2000 and 2015, the proportion of the population living in urban areas increased from 42% to 54%. By 2030, 71% or 209 million people are predicted to live in urbanized areas.
While the capital city of Jakarta and The Island of Gods Bali are in the spotlight for doing business in Indonesia, the rest of the archipelago has much more to offer. Surabaya, the capital city of East Java, is one such place with a treasured potential for conducting business.
Despite the prevalence of the Covid-19 pandemic, East Java’s economic performance is commendable as it grew by Rp587.33 trillion in Quarter-I 2021, as assessed by Gross Regional Domestic Product (GRDP). East Java’s economy is strongly backed by the manufacturing sector (23.68%), the trade sector (21.11%), and the agricultural sector (12.18%), contributing 56.97% to its GDP.
As the capital of East Java, Surabaya is quickly becoming a hub for doing business and investments. Surabaya’s investment in 2020 exceeded IDR 64 trillion, a significant increase from IDR 62 trillion in 2019. The investments consisted of Foreign Investment (PMA) of IDR 1.5 trillion and Domestic Investment (PMDN) of 62.55 trillion.
Read More: Insider Tips on Import and Export Business in Surabaya
Various factors are influencing foreign and domestic investors to set their footprints in Surabaya are:
Surabaya is the commercial hub of eastern Indonesia and is known as the “gateway to the East.” It serves as a crossroads for all shipments to and from the east coast of Java. Moreover, the port of Surabaya, Tanjung Perak, continues to be a major economic engine. The port is now managed by Pelindo III, a governmental operator in charge of 43 ports around the nation. Tanjung Perak handles 13 international shipping lines to service dozens of destinations, including Singapore, Pusan, Hong Kong, and Manila, because of its strategic position.
According to Surabaya’s Central Bureau of Statistics, the area’s gross regional domestic product (GRDP) was IDR 451.5 trillion ($34 billion) in 2016, indicating an 11% increase from 2015. It further spiked the per-capita income of IDR 10.4 million (USD 784) to IDR 15.8 million (USD 1190). As a result, Surabaya is witnessing higher consumption levels and a burgeoning middle class.
Based on accessible land and high demand for property, realtors are enthusiastic about property investments in Surabaya. The local population is more optimistic to invest in real estate than other investment areas. Surabaya accounts for more than 80% of the buyers and has more land available than Jakarta. Moreover, economists predict that land prices will rise quickly in Surabaya due to the shortage of availability of land over time.
Indonesia’s Presidential Regulation Number 97 of 2014 is a response from the government to the era of free investment in Indonesia. Under PR 97/2014, Surabaya Government established the Surabaya Single Window permit service, where the service system will facilitate people who want to take Trading Business Permit (SIUP). This also could be another advantage for Surabaya manufacturing business.
The government has mandated* industrial businesses to operate their activities in industrial estates in order to promote equal economic growth in the country.
Read More: Significance of Kendal Industrial Park for Manufacturing in Indonesia
As the second-largest business center in the archipelago, East Java offers a bunch of industrial estates where foreign investors can opt to set their footprint in. Here are some of the notable industrial estates located in and or surrounding Surabaya:
In addition to its facilities and easier access to ports and major transportation routes for goods distribution and logistics, the Indonesian Government also offers attractive incentives for foreign investors who set their business operations in these Industrial Estates. Refer to the table below for more details:
Value Added Tax (VAT) exemption
Import Duty Exemption
Setting up a business in Surabaya is indeed lucrative, however, it comes with its fair share of challenges. While you focus on the core business aspect of your company, Cekindo’s registers your company with the least hassle. Cekindo also conducts due diligence and market research to rule out any loopholes. Our consultants readily aid you to obtain the necessary product registration and licenses like business and import licenses. We also provide professional advice and save you the management stress with our HR and recruitment services.
To know more about how Cekindo’s solutions can help you make investments in Indonesia, please fill out the form below or talk to an expert on our chatbot.