20% OFF your first business expansion. 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 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.
In recent times, Jakarta has ceased to be Indonesia’s sole magnet for business enthusiasts. With over half of the population numbering at least 130 million individuals. However, in the past few years, urban areas across the country, like Semarang and Central Java, have also shown economic growth. Therefore, investing in Semarang counts as a way to explore business opportunities
This shift of investing in Semarang grows the emergence of new trading hubs like Surabaya, Bandung, Medan, and other rapidly expanding urban centers. Among these rising stars on the Indonesian business horizon, Semarang stands out as a noteworthy contender.
Semarang, situated on the north coast of Central Java, has a strategic position. It enjoys the proximity of many big cities completed with decent infrastructure within the region and the rest of the island. Besides the roads, Semarang is connected with all significant Javanese cities by railway. In addition, the international airport and seaport serving domestic and overseas destinations facilitate access to remote markets.
The workforce is plentiful due to the significant migration from other parts of Indonesia, and hiring qualified employees is also becoming more accessible thanks to continuous improvement in the education system in Indonesia.
There are 20 universities within the city, and thousands of future professionals graduate from well-renowned institutions in the nearby Special Region of Yogyakarta every year.
Yet the wages are, on average, lower than in Jakarta, which helps to reduce expenses, especially in labor-intensive industries.
Moreover, the price of the land is also favorable, so it is no surprise that several companies from the traditional industrial area of Jabodetabek (Jakarta, Bogor, Depok, Tangerang, and Bekasi) have already moved to Semarang.
Read more: 5 Facts about Renewable Energy Investments in Indonesia
Indonesian President Joko Widodo opened the new Kendal Industrial Park in November 2016 as a part of the governmental effort to further the region’s development. Semarang expects investments of at least IDR4.3 trillion by 2021.
Singaporean investors, in particular, expressed prominent interest in new opportunities, and the government seems responsive to their business plans.
Big players such as Coca-Cola or Kubota (machinery manufacturer) have already built their factories in the city or within the adjacent towns. These factors indicate that Semarang is nowadays the right place for launching a profitable company.
Semarang, the capital of Central Java, Indonesia, has a rich history and a promising future. As the country continues to experience economic growth and development, Semarang has emerged as an attractive destination for local and international investors. This article will delve into the long-term prospects of investing in Semarang, focusing on the city’s economic potential, infrastructure development, strategic location, and critical industries.
Semarang’s economic potential is evident in its robust and diverse economy. The city has many industries, including manufacturing, trade, services, and tourism. Its Gross Regional Domestic Product (GRDP) has consistently shown positive growth in recent years, thanks to investments in various sectors.
The growth of the middle class in Indonesia is driving consumer demand, making Semarang an attractive market for retail and consumer goods businesses. Additionally, the city’s thriving manufacturing sector is supported by a skilled workforce, making it a favorable destination for companies looking to expand their production capabilities.
One of the key factors contributing to Semarang’s appeal for long-term investments is its significant infrastructure development. The government has invested heavily in improving transportation networks like roads, ports, and airports. This enhances connectivity within the city and strengthens its position as a logistical hub in Central Java.
The ongoing development of the Tanjung Emas Port, one of Indonesia’s oldest ports, is a testament to the city’s commitment to expanding its logistics and maritime capabilities. Improved infrastructure facilitates the movement of goods and supports tourism and trade, making Semarang a pivotal city in the region.
Semarang’s strategic location in Central Java offers several advantages for investors. It is a gateway to the broader Indonesian market, with excellent access to major cities like Jakarta and Surabaya. This geographic advantage reduces transportation costs and facilitates the distribution of goods and services.
Furthermore, Semarang is part of the North Coast Economic Corridor (NCEC), which is envisioned as a critical economic zone in Indonesia. Investments in the NCEC are expected to fuel growth and create new opportunities for businesses in Semarang.
Several critical industries in Semarang are poised for long-term growth
Previous paragraphs proved that Semarang should be on the list of anyone considering entering the Indonesian market. Entrepreneurs who deal with food and beverages, textiles, and manufacturing production should pay extra attention – these opportunities are worth investing in the Semarang region.
Food and beverages are one of the fastest-growing industries. According to the latest numbers from the Ministry of Agriculture, it grew 9.45 percent in the third quarter of 2017, and further development is expected for this year due to high investments and governmental support.
Moreover, as the world’s most populous Muslim country, Indonesia can become the leading halal food producer. Taking into consideration that some 87 percent of Indonesians are followers of Islam, the sector of halal food processing industry will flourish accordingly.
Producers are highly recommended to obtain halal certification since 2019; all non-certified halal products will become non-halal. Register your halal products now!
Read more: Indonesia Embraces US Investment Opportunities
Clothing manufacturing in Semarang is also on the rise. About 60 medium-sized and large textile enterprises relocated from Jakarta to the Central Java region in 2017. The affordable workforce and the local authorities’ readiness for the area’s industrial development mainly attract them.
The major export destinations for textiles from Semarang are the ever-growing markets of China, Japan, and the USA. The demand from Turkey and Egypt contributes significantly to the overall sales.
According to the Association of Textile Manufacturers chairman Agung Wahono, the next step is to explore opportunities in other Middle Eastern countries.
Besides the industries mentioned above, there is a wide range of other fields in which manufacturers will find appropriate facilities for their businesses. For instance, 11 percent of the Kendal Industrial Park tenants are furniture producers, 13 percent are engaged in logistics, and 24 percent produce building materials.
Read more: How Omnibus Law Liberated Shipping Industry in Indonesia for Foreign Investment.
InCorp’s office in Semarang is ready to help you expand your business and join the successful entrepreneurs in the Central Java region. Fill in the form below, and we will assist you when investing in Semarang.
Lidya provides market entry consultations for FDI in Indonesia with various perspectives in fields such as garment and textile manufacturing, furniture, farming, and engineering. In addition, Lidya has extensive experience advising expats' stay permits in Indonesia.