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.
Constantly conquering several obstacles and difficulties of bureaucracy and lack of infrastructure, Indonesia has steadily transformed. Now, Indonesia is all about business. Some entrepreneurs may overlook Indonesia and would not think that the country is a digital and innovation startup hub, but actually, the country is currently experiencing a major technology revolution, thus makes an excellent destination to build a startup company.
Over the past two decades, Indonesia has been experiencing rapid growth in terms of GDP at 5% every year. The remarkable economic performance has made Indonesia become the biggest economy in Southeast Asia and topped the third place in the fastest-growing countries, just behind China and India. Despite the profound prosperity in diverse markets such as digital and technology sectors, many markets are still young and untapped, presenting the country as a fertile ground for entrepreneurs to build their startups.
In this article, you will see why you should seriously consider Indonesia as the best destination for your startup company.
Progressing Domestic Environment
For the first time, Indonesia’s economy is growing with contributions from its digital and innovation startups. Startups In Indonesia are bound to increase with a staggering 30% in the following year and the internet economy in the country is expected to rise to US$100 billion by 2025.
Some notable digital startups have already performing well in Indonesia, for instance, GO-JEK the ride-hailing startup that has a total value of US$9.5billion and Tokopedia an online marketplace that has a total value of US$7 billion.
These more well-educated and young people in Indonesia have now chosen a different route and are creating exceptional tech and digital startups to respond to the market needs and solve problems innovatively. Jakarta is considered one of the most appealing startup hubs in Southeast Asia, placing itself on the list of the top 500 startup cities. Bali, Semarang, Surabaya and Bandung are also promising locations for startup scenes.
Furthermore, there is a large unbanked population in Indonesia and that is why numerous fintech startups have also started to appear, aiming to work out the issue. These notable startups are Kredivo and KinerjaPay. Kredivo is a digital lending platform and KinerjaPay is a mobile wallet and e-commerce platform.
Just like fintech, blockchain startup is another big thing in Indonesia, especially in Jakarta. South Jakarta has started a Blockchain Hub that serves as a platform for networking and idea sharing for all innovative blockchain businesses and industries from all over the world.
As you can see, there is a growing need for venture capital in this region. Just behind Singapore, Indonesia is ranked at the second place as the largest venture capital recipient in Southeast Asia. In 2014, the venture capital investments were only US$2.3 million, but just 3 years’ time in 2017, it spiked to a whopping US$136 million.
Government’s Support on Innovation
The support from the government is critical to make Indonesia one of the most dynamic digital economies globally. President Jokowi has planned to initiate numerous projects to boost the country’s innovation and entrepreneurship, including to promote 1,000 startups valued at US$10 billion by 2020.
What is more, a vision of “Making Indonesia 4.0” is prioritised in Indonesia to push the manufacturing industry competitiveness further.
At Cekindo, our dedicated team of business consultants has many years of experience in providing startup establishment and other strategic business services in Indonesia.
With the most updated information and knowledge of rules and regulations of company setup, we can help you establish your startup company in Indonesia based on your business goals and needs.
Contact Cekindo now by filling in the form below and we will cover all the bases for you.