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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 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.
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.
The understanding of the word ‘bubble’ in business is not so far from the actual knowledge of what is known as a bubble. In tech specifically, a tech bubble is a situation in which prices rise rapidly, going far higher than the true worth of a specific asset, product, or entire industry.
Experiencing blowing bubbles as a child can give a clearer understanding of the concept. Remember how fragile a bubble is, made from a thin layer of soapy water filled with nothing but air.
Like this, a market bubble is made from an accumulation of many different elements. A single change in almost anything can cause the bubble to pop easily. When everything gets more condensed, there will be that change in which the bubble pops.
When the bubble pops, things do get messy. In business terms, a bubble popping can create a ripple effect of a market crash on a global scale.
Out of many schools of thought that cover why a market bubble forms, here are some notable ones:
The tech industry, especially many start-up companies, has enjoyed uninterrupted growth for the past decade, with investors having complete faith in its rise to peak performance.
However, just like anything that goes up, a market correction or a burst in the tech bubble is on its way to disrupting the explosion of demand. The projection of the tech bubble is also fueled by the pandemic and its effects, making everyone stay home for the last couple of years. Now people are rushing out of their homes to purchase products physically and even planning travel arrangements just because.
Navigating through uncertainty in the market was not planned significantly since the tech industry was growing at an incredibly desirable rate. This uncertainty is, however, happening as we speak.
The Nasdaq 100 Index has seen a 25% drop since November 2021. The so-called FAANG stocks of well-known consumer brands, Facebook, Apple, Amazon, Netflix, and Google, have lost close to USD 2 trillion in their valuation since early January 2022.
Investors are now experiencing a mood shift on their tech dealings that all made their money at one point. Companies like Facebook are, for the first time, pausing their hiring process.
Considering the social media platform’s psychological harm to its users, Mark Zuckerberg is finding it hard to find engineers that he desperately needs to realize his metaverse dreams.
This tech bubble has also shown many layoffs across the industry, especially in start-up companies. Significant companies like Cameo, Robinhood, TikTok, and Coinbase have all made statements regarding laying off employees to survive this turmoil.
Déjà vu is the word going through people’s minds when experiencing the past year’s tech downfall. Seasoned Wall Street investors claim the dot-com crash will likely repeat itself, seeing this year’s market downfall.
So-called safe investment instruments like the tech-filled index of Nasdaq have seen a wild plummet of about 25%, and the S&P 500, filled with 500 of the biggest US companies, is down 20% since the start of the year.
Considering that we are only halfway through the year, historical trends show that this decline is just the beginning of a possible recession.
The dot-com bubble burst in the early 2000s washed out several tech darlings that were well ruling the 90s. A pattern like that can be seen today with a market that didn’t exist many decades ago.
Cryptocurrencies, among others found, lost a massive chunk of their value in the past six months. This sell-off is one of the worst in the market’s history. This dramatic drop in markets has made some of the world’s significant investors state that we are reliving the dot-com tech bubble market crash and could be on track to a recession.
According to these investors, the speculative nature of retail investors shows that not much has changed since the 2000s. Considering the market crash of the 2000s, investors were expected to learn from their mistakes.
But seeing the market today and the sell-off going on, it is safe to say that the speculative nature of investors still has not changed much.
When talking about surviving the tech bubble, the climate of the start-up industry needs to take as many measures as possible, seeing that many investors and professionals are predicting the bubble to burst soon.
High-growth companies should work towards not only surviving but also trying to flourish as they later walk out of this turbulence. Here are some steps for companies to survive the tech bubble:
When focusing too much on growth, some companies lose track of their business’s primary focus: profit-making. As much as investors like to see a database of customers and users of the app, they would be much more likely to enjoy looking at reaping more money from the business. Besides a surefire way to get more investment, being profitable allows employees to feel a sense of safety and security, knowing that their company is set for the next few years.
Especially during inflation, keeping cash within the company can ensure operations can stay afloat. This allows companies to keep inventory before banks turn off loans and investors run out of money to provide. If cash is available to sustain the company for 12 months, try extending it for a few extra months just in case.
Ensure that capital expenditures are kept at a minimum and try to lower marketing expenses to reach another level of funding or a break-even point earlier.
Similar to becoming profitable, businesses must be able to tighten business models and adjust their mentality from being a ‘hyper growth’ company to a ‘profit first’ company.
The challenge faced by companies will be more difficult when in-house divisions are not as strong as others, especially in the accounting and finance departments. Looking to outsource accounting services can use the help of Cekindo, a market entry consulting firm in Indonesia.
Professional accounting help from a local market entry firm can be beneficial when looking for opportunities within the country, as Cekindo can navigate complicated regulations requiring extra care and attention.
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.