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.
The Indonesian economy has seen steady growth over the past decade. Much of this could be attributed to the abundance of natural resources that the country has and also to its population which is largely made up of a young labor force. This growth stretches over several sectors of the economy and can primarily be seen through the real estate sector. Indonesia has seen a large influx of foreign investments in commercial and residential real estate. The Indonesian government has made significant transformations towards major cities such as Jakarta, Surabaya, Banten, Bali, and Bandung to keep up and sustain this growth.
Ownership of real estate within and outside Indonesia is tricky as different rights are made available to groups of individuals for predetermined periods, with specific restrictions around them. Indonesia recognizes several rights that can be held over a piece of land, including Right to Use or Hak Pakai, Right to Cultivate or Hak Guna Usaha, Right to Own or Hak Milik, and many others. However, the most common ownership structure for commercial real estate is for the Right to Own to be held by an Indonesian company that already retains a business license that permits it to engage in commercial activities.
Aside from this, another common practice that is noticeable is for there to be an unincorporated joint venture between parties. The parties decide to contribute different factors to the venture but ultimately share the economic benefits. Typically, one party contributes the land and the other the cash or expertise required for the operations.
A prominent restriction that has stood the test of time in the Indonesian real estate regime is the prohibition for foreigners to own land in Indonesia. This restriction then fuels foreigners seeking to invest in Indonesia to enter into a financed shareholder ownership structure which acts as a ‘loophole’ to the regulations. The practice refers to a nominee arrangement that puts an Indonesian citizen as the formal owner of the land and awards contractual rights to the foreigner in exchange for a fee. It is important to note that this structure is not provided within the laws. Since the foreigner has no legal ownership over the land, this structure can therefore be classified as high risk. Cekindo provides services concerning land and property ownership services in Indonesia to help businesses further comprehend other ownership structures and their potential pitfalls.
For real estate with existing buildings, permits are still integral to review. Necessary permits to keep in mind have to do with the operations and worthiness of said building. It may also be worth mentioning that the zoning and usage have to align with the business itself. The Indonesian government regulates the planning and zoning restrictions at national, provincial, and regional levels through a General Spatial Layout or Rencana Tata Ruang Wilayah that extends for 20 years but is periodically reassessed every five years. Following such a general plan, a Detailed Spatial Plan or Rencana Detail Tata Ruang is also determined by the same, which goes into the zoning details and each region’s intended function.
The main theme of the spatial use activity in Indonesia is suitability. The particular spatial use of a piece of land shall be relevant and in line with the government’s appropriate spatial layout plans. The suitability of the usage shall be verified through a Spatial Plan Conformity Confirmation that is to be derived via the integrated Online Single Submission system. This step has to be done before applying for the business license. The procedure involves a general registration to confirm suitability, evaluation of spatial use within the proposed documents, and the issuance of the Spatial Plan Conformity Confirmation.
To secure the confirmation, the documents that are mandatory to provide are:
A Spatial Plan Conformity Confirmation shall be issued upon confirming that the location and intended activities confirm with the Spatial Layout as drawn up by the government.
Due diligence is a general precautionary exercise conducted before making business decisions to avoid and mitigate potential risks that may impact future operations of the business. Primarily, land ownership is a matter that is investigated in the initial stages to identify rightful owners over a piece of land and the relevant certificates that are required. Following this, it is also essential to look into the licenses associated with land and the relevance to the purchaser’s intent. In this stage, due diligence also looks into the restrictions that could hinder operations as intended by the purchaser. Further information, which includes but is not limited to the payment of taxes, the authenticity of relevant documents, the validity of ownership, and the existence of ongoing agreements, shall also be looked into. Cekindo offers services that would help any purchaser iron out these details by conducting thorough due diligence before purchasing any real estate.
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.