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.
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.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
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.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
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 countrys 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.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
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.
Learn more about the SNI 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 todays 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.
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 business climate, as the largest economy in Southeast Asia, boasts a total GDP of over USD 888 billion and has set an ambitious target GDP growth rate of 5.2 percent. While the archipelago offers promising consumer-related market opportunities, the path to doing business in Indonesia has complexities.
Successfully doing business in Indonesia requires understanding and overcoming several challenges. In this article, we will explore these challenges and offer insights on how to navigate them.
When considering opening a business in Indonesia, foreign investors will encounter various challenges that can impact their success. Here are some key challenges that need to be addressed:
Setting up a business in Indonesia can be tormenting for foreigners, but it’s essential to navigate to Indonesia business law and regulations. Foreign ownership limitations exist, but expats can still establish successful businesses due to the high chance of Indonesia business opportunities.
The Indonesian government allows foreigners to invest in specific sectors based on the Indonesian Positive Investment List, which outlines open sectors and the allowable percentage of foreign ownership. This list changes periodically, so it’s crucial to stay updated.
For those aiming for 100% foreign ownership, the Foreign-owned Company (PT PMA) option is available. Still, it requires a minimum investment of Rp 10 billion to be fulfilled within five years of establishment. Alternatively, a Representative Office offers a hassle-free way to set up a presence, although it can’t generate revenue and requires a parent company overseas.
Indonesia’s bureaucratic landscape can be daunting for business registration. Obtaining a principal license from the Indonesia Investment Coordinating Board (BKPM) involves multiple document submissions, including a certificate of domicile, taxpayer number proof, and Ministry of Law and Human Rights clearance. Keep in mind that regulations change regularly.
Read more: What Does Indonesia’s Upper Middle-Income Status Mean?
Indonesia’s taxation system applies to individuals and companies, encompassing corporate income tax, employee withholding tax, value-added tax, and individual income tax. Even if a company is not generating profits, tax compliance is mandatory.
To navigate this labyrinth of taxation, consider using a third-party service like InCorp Indonesia, a leading PEO company in Indonesia. They can assist with HR-related concerns, payroll, legalities, insurance, accounting, auditing, and tax reporting.
Obtaining visas and permits in Indonesia can be a challenge. There are four types of licenses for business purposes: tourist visas (valid for 7-30 days), business visas (multiple-entry or single-entry), KITAS (allowing employment), and KITAP (permanent permit for expats married to Indonesians).
To avoid common mistakes and ensure visa compliance, seek assistance from InCorp’s visa and permit processing services. They handle the paperwork for a hassle-free stay in Indonesia.
Read more: 3 Surprisingly Nice Things Investors Should Know
Due to Indonesia’s business culture and numerous dialects (over 700), businesses have a language barrier. Effective marketing requires localizing products and services for specific markets. Consider hiring local employees fluent in the relevant dialects to address this challenge.
While Indonesia is a growing economy, some regions may face infrastructure challenges, such as inadequate transportation networks, unreliable power supply, and limited access to high-speed internet. Businesses may need to invest in infrastructure development or adapt their operations to accommodate these limitations.
Understanding and respecting Indonesian culture and etiquette is crucial. Missteps in cultural sensitivity can harm business relationships. For example, being aware of proper greetings, gestures, and the significance of hierarchy can make a significant difference in building rapport with local partners and clients.
Indonesia’s emerging market economy attracts businesses worldwide, leading to intense competition across various sectors. Market saturation can make it challenging for new entrants to gain a foothold.
Understanding the competitive landscape, conducting thorough market research, and developing unique value propositions are essential to succeed in this competitive environment. Building strong relationships with local partners can also provide valuable insights and help navigate the competitive market effectively.
Indonesian labor laws can be complex, and disputes between employers and employees are not uncommon. Understanding and complying with labor regulations, including hiring, termination, and employment contracts, is essential. Establishing clear HR policies and seeking legal advice can help mitigate labor-related challenges.
Protecting intellectual property (IP) rights can be a concern in Indonesia. Companies should diligently register and enforce their IP rights to prevent counterfeiting and unauthorized use of their products or trademarks. Legal assistance and IP registrations are advisable steps to safeguard valuable assets.
Navigating these challenges requires thorough research, local partnerships, and a commitment to compliance with Indonesian laws and regulations. Adapting to the local business environment while maintaining transparency and integrity is key to achieving success in Indonesia’s dynamic market.
Indonesia’s business culture is richly influenced by its core values, which are vital for foreigners to comprehend when engaging in business interactions. Here’s a comprehensive overview:
Indonesians prioritize the collective harmony and cohesion of the group. Business decisions often aim to maintain this harmony, emphasizing collaboration over individual interests.
Respect for authority and seniority is deeply ingrained in Indonesian culture. Superiors are afforded deference, and their decisions hold great significance. This hierarchical structure differs from more egalitarian Western cultures.
Personal reputation is highly esteemed in Indonesia. Your conduct in business dealings directly influences your reputation, so upholding integrity and honor is imperative.
Business is undeniably personal in Indonesia. Building strong relationships through effective communication is crucial. Face-to-face meetings are often considered the most effective way to conduct business.
A common greeting involves a handshake accompanied by the word “Selamat.” Handshakes are generally light, and it’s essential to approach the eldest or most senior person first when meeting a group of people.
Treat business cards with respect. Give or accept them with two hands or the right hand, and take a moment to examine the card before putting it away. For a positive impression, consider having your business cards in Indonesian as a sign of respect.
Business attire in Indonesia is typically conservative. Women should be well-covered from ankle to neck, avoiding tight-fitting clothes. Given the hot climate, lightweight clothing, preferably cotton, is advisable.
Indonesians tend to speak quietly with a subdued tone. Loud behavior can be perceived as slightly aggressive.
Many Indonesians are practicing Muslims who pray five times a day. When scheduling meetings or lunch dates, it’s important to avoid overlapping with prayer times out of respect for their religious commitments.
While senior leaders are expected to make final decisions, Indonesians value group discussions and consensus-building. Decision-making is often preceded by extensive deliberation within the team.
Saving face is a significant cultural norm in Indonesia. Indonesians tend to be polite and may find it challenging to criticize or refuse. Bahasa Indonesia offers multiple ways to express agreement or disagreement subtly, which can sometimes be challenging to interpret for foreigners.
By understanding and respecting these cultural nuances, foreign business professionals can navigate the Indonesian business landscape effectively, fostering fruitful relationships and successful collaborations.
InCorp Indonesia, formerly known as Cekindo, is a leading provider of market entry and business solutions in Indonesia. They stay up-to-date with the ever-evolving regulations and offer expertise in localizing products and services.
Navigating Indonesia’s business landscape may be intricate, but your business can thrive in this dynamic economy with the proper guidance and services. For inquiries on how InCorp Indonesia can assist you in doing business in Indonesia, please contact us through the form below.
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.
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.