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.
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.
President Joko Widodo has consistently promoted Indonesia as the next big Asian destination for foreign investment, as the country’s investment potential is still mildly untapped. There is room for growth in industrial raw materials, green energy, and the digital economy. Therefore, hopes of investment in the country are considerably high.
The government has expressed its willingness to showcase the country’s potential during high-profile events for investment to impress investors. The most recent one was the ASEAN-US Special Summit with several US business leaders, where Indonesia sought interest from American investors.
At the summit, Joko Widodo spoke highly about Indonesia’s abundant natural resources and the healthy digital economy industry that’s growing at an exponential rate. The productive age of the 270 million population of which most Indonesians are has resulted in several innovative breakthroughs.
During the forum, the president showed some statistics to support the promotions. He also mentioned the vast land space available for US investment and the availability of natural resources, raw materials, and green energy.
Indonesia is the world’s largest nickel producer. Alongside that, Indonesia has abundant resources for the main component of stainless steel and lithium-ion batteries. Indonesia’s stainless steel industry has seen growth. It now sits in second place in the global production levels.
Nickel also plays a vital role in developing our future electric vehicles. Joko Widodo’s conversation about Indonesia did not stop only at products since he spoke about Indonesia’s significant potential in the digital economy, which can prove to be enticing for US investors.
The US-ASEAN Special Summit, held in Washington DC on the 12th and 13th of May 2022, saw ASEAN Leaders and President Joe Biden meeting to discuss ways and means to intensify cooperation in various fields.
Some of them included the COVID-19 response and global health security, climate change, sustainable development, maritime cooperation, human resource development, education, and people-to-people relations, as well as economic connectivity and engagement.
Additionally, it was reported that they also exchanged views on regional and international issues of mutual concern and interest. This Special Summit also reaffirmed the shared commitment to upholding ASEAN Centrality and unity through an ASEAN-led mechanism. The event was also used to foster mutual trust and confidence between countries.
As the coordinator of the ASEAN-US partnership for the 2021-2024 period, Indonesia hopes that this Special Summit will result in cooperation that can contribute to peace, stability, and prosperity in the region. This is the second Special Summit since 2016 and the first to directly involve ASEAN leaders since 2017.
This Special Summit will demonstrate the United States’ commitment to ASEAN. The responsibility mainly focuses on recognizing its central role in providing sustainable solutions to the region’s most pressing challenges, marking 45 years of US-ASEAN relations. The ASEAN website can access a joint vision statement of the Special Summit.
After US President Joe Biden visited Tokyo, a new economic framework was established very soon. This effort is conducted for US cooperation with its partners around Asia by strengthening supply chains and setting up digital economy rules.
While the majority have responded positively to this, some frustrations remain. Here are some things you need to know about the Indo-Pacific Economic Framework (IPEF):
This IPEF will focus on the growth of many industries around Asia. It is believed that the US will re-engage economically with the Indo-Pacific by providing support. The hole established when the US left the Trans-Pacific Partnership will also slowly be mended with this IPEF.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement that the US sees as an old tool for countries to come together. The current administration approach of Joe Biden follows a ‘foreign policy for the middle class, which should allow Americans to benefit from US trade and diplomacy.
The IPEF focuses on more tailor-made methods to benefit trade partnerships between countries. RCEP is different from the two biggest trade blocs in Asia, CPTPP and RCEP, because it will not lower tariffs. Instead, it will collaborate with the cooperating countries on strategic pillars like supply chains and the digital economy.
The new framework has been welcomed by Japan which President Biden is happy about. South Korea, Singapore, and The Philippines have been interested in joining the IPEF. Thailand has given a statement informing that they will join the IPEF. Indonesia is still on the fence.
This highly depends on the number of members the final IPEF framework has. Some countries think the US is reshoring and pushing China out of supply chains. China is explicitly not a fan of the plan and does not adhere to the Cold War mentality that this plan shows.
Having seen quite a downfall in the Indonesian economy due to the pandemic, the country has released some fiscal policies that have played a part in economic recovery. Now on par with developed nations like the US, Singapore, and China, the government’s accelerated spending has boosted consumer spending and demand.
The Ministry of Finance has shown that expenditures have reached pre-pandemic levels in household components and investment. With other industries on their way to a complete recovery, there is more significant hope that new strains will not disrupt this economic growth.
Indonesia’s growth in 2022 is expected to increase from 3.3% to 5.6% in their GDP significantly. Indonesia’s economic recovery will rely on several sectors, mainly raw materials, energy, and the digital economy. The abundance of raw materials within the country has positively impacted the welfare of Indonesian citizens.
This has resulted in a significant amount of money being put into ensuring these resources are well managed. The energy sector has focused on high innovation since the Covid-19 pandemic.
The incentives of clean energy projects have shown to be beneficial since some measures are now taken to support the sector. Some of which aim at sustaining clean energy. In the digital economy sector, talents have collaborated with institutions to benefit from data safety and allow for more growth.
Allowing future investments from other countries to push economic growth is also a plan the government must make. This includes adjusting regulations to attract investors.
As setting up businesses in the country gets easier, companies should look into market entry consulting firms like Cekindo, which specializes in getting foreigners to open up their businesses in Indonesia. Services such as company registration and business license application need expert navigation to meet the requirements with poise.
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.