Bali Hospitality Sector: Business Opportunities in The Land of Paradise

Invest in Bali: Hospitality Sector

Bali will always be loaded with tourists from all over the world, thanks to the lush natural landscapes throughout, vibrant and dynamic atmosphere as well as rich culture and tradition. Starting a business in Bali, particularly in the hospitality sector, then, makes perfect sense.

Various dining options that include restaurants and cafes, accommodation options such as hotels and villas and other recreational and wellness activities like diving, fitness and spa are in high demand in Bali. Be part of Southeast Asia’s largest economy by investing in one of its most profitable sectors: hospitality. Enjoy the best of both worlds as you are living a heavenly life and making a steady profit.

Villas & Hotels

Bali Tourism Board reported that in 2018 alone, there were approximately 6.5 million tourists coming to Bali for various purposes. This staggering number of tourists contributed to the rising demand of villa rentals, hotels and other types of accommodation in Bali. Some tourists prefer to stay in luxurious hotel rooms, whereas some others prefer to indulge in a pleasant stay in either a guesthouse or an Airbnb villa to get the taste of Bali’s authentic style of living.

If you are one of the investors who plan to gain handsome profits from running an accommodation business, be it a villa, a guesthouse or a hotel, you have come to the right place. Learn How to Rent out Your Airbnb Villa Legally or How to Set up An Accommodation Business in Bali now.

Cafe & Restaurant

Who does not love delicious food and coffee? Tourists need much energy to explore the top-notch attractions in Bali, and restaurants and cafes that serve delectable but unique dishes will surely generate a lot of profits. Make your dream come true by running your own restaurant or cafe business in Bali.

Setting up a culinary business on the island is actually quite simple, if you are familiar with all the regulations and satisfy all the requirements. Find out what you need to prepare to be able to open a coffee shop or a restaurant in Bali through our articles Your Guide to Opening a Coffee Shop and A Simple Guide to Starting a Restaurant Business.

Tourism

Tourism business opportunities in Bali will always be there and it is up to an aspiring entrepreneur like you to seize the best business opportunity that you are more passionate about and at the same time offering the highest return on investment. Many tourists visiting the Island of the Gods are looking for more than just fun and good times. They desire to go deep into the culture or history of the local places. Running a travel agency can help them. The other travelers, however, come to Bali to take part in the exciting activities, like scuba diving and surfing because after all, Bali is endowed with numerous beaches that feature consistent waves all year round.

Explore the available business opportunities in tourism sector. You may be interested in knowing How to Set up a Diving Business or How to Start a Tour and Travel Agency in Bali.

Wellness

Nowadays, more and more people have become aware of the importance of well-being and how wellness plays such a huge role in their lives. In line with the increasing awareness comes the existence of wellness-related businesses, such as spa and fitness centers. According to Global Wellness Institute, more than 21,000 spa centers can be found across the globe. Bali, as one of the most popular tourist destinations in Southeast Asia, has also observed the rapid growth of the wellness industry. With millions of international tourists visiting Bali each year, opening a wellness business, undoubtedly, is going to be rewarding.

Before starting a wellness business in Bali, there are requirements to be met and regulations to be complied with. Learn more about How to Set up a Spa Business and How to Get Your Fitness Business Started in Bali now.

Company Registration in Bali

Start penetrating the market through company registration that can be done in three ways: the establishment of a local company (PT), a foreign-owned company (PT PMA) or a representative office.

FOREIGN OWNED COMPANY / PT PMA

PT PMA can be fully owned by foreign investors. However, some business sectors are restricted for 100% foreign ownership. The establishment of PT PMA allows the provision of visa sponsorhip and employment of foreign workers.

LOCAL PT

Local PT allows only 100% local ownership but does not restrict certain business sectors. Two possible ways for foreigners to set up a local PT: local nominee agreement and shelf company (for quick incorporation).

REPRESENTATIVE OFFICE

Representative Office is mainly used to test the water before incorporating either PT PMA or Local PT. Representative Office allows only marketing-related activities. Profits-generating activities are strictly prohibited.

Selected Testimonials

Prior to choosing Cekindo as our business partner in Indonesia, we interviewed and compared several companies. Finally, we chose to cooperate with Cekindo because of its professionalism and quality. Cekindo has assisted us in many ways, from company certification application to KITAS application and financial statement compliance to the fulfillment of other tax obligations in Indonesia. We appreciate the team’s fast response and professionalism in preparing the financial statements, among others.

Doris Chen
PT. Asia Victory and PT. Bigger One
When I joined Toaster, it was already working with Cekindo. But it’s quick to see why Toaster chose Cekindo. Cekindo has been very helpful throughout. Toaster Headquarters is based in London. Indonesian tax laws are not our specialty. Cekindo’s team has helped us to understand Indonesian tax. They are very knowledgeable and dependable, and therefore a huge asset to our company.

Tsui-Sie Wong
Toaster
As a new business in Indonesia, we started consulting with multiple law firms but quickly narrowed down to only Cekindo. Cekindo was recommended as one of the top firms by multiple sources in the business community. The staff at Cekindo was very responsive to our needs as a new business. The team provided consultancy and assisted our startup firm with initial business setup, licenses and permits, HR/recruitment and market research. One year since our establishment, we still consider Cekindo as our partner.

PT Ohmnia Tenaga Surya
When we intended to enter the Indonesian market back in 2013/14, Cekindo helped us to understand the possibilites and options for business presence in Indonesia through legal advice & also advisory on how to arrange for ownership. Furthermore, Cekindo also provides us with a range of fully professional and reliable accounting & tax services for our representative office in Indonesia. In the world of digital & virtual economy like today, it is an essential prerequisite to have the most reliable business partner like Cekindo.

Jan Pilař
Hydropol
A huge gratitude to Cekindo, particularly its visa team, for handling our visa cases. During our visa applications, Cekindo was extremely helpful not only in facilitating all of our visa requirements but also in clarifying our queries/doubts. I would like to take this opportunity to acknowledge and appreciate the good work of Cekindo’s visa team.

Sagar Datar
Bristlecone
When I was looking for a reliable partner who could help with company registration, payroll, taxes and working permit in Indonesia, Cekindo’s domain knowledge and clear communication astonished. Firstly, we decided to pursue cooperation with Cekindo in terms of company registration, but they also assisted me in obtaining the necessary working permits and visas (KITAS), and we use their payroll and tax reporting services until now.

Matthias Coessens
Product Director at Empyrean Solutions Apac
Cekindo handled business visa for our new colleague promptly and made the start of our company in Vietnam easier and faster. I particularly enjoyed communication with the consultant, who advised the best solution for us and was all the time available to answer any questions. She made sure that all the documents were collected and prepared on time and we got great support during the whole process. Thank you Cekindo and I hope to cooperate again in the near future!

Ivana Bartonkova
Marketing and HR director of Port Cities Vietnam
Cekindo assisted us with a selection of our local distributor in Indonesia and organised several meeting in Jakarta. Their assistance enabled us to meet our potential local partners and choose the best distributor conveniently. The decision to cooperate with Cekindo was based on a recommendation from our prominent partner in Bali and we cannot be more grateful. Cekindo’s systematic work, active communication, thoroughness and professionalism was exceptional.

Ing. Václav Tomek
Phyto CZ Sro
Cekindo initially helped us with setting up our business structure in Indonesia and getting us all due licenses and approvals. Currently, Cekindo is associated with us as our business partner in Indonesia by providing a face to our name and handling various business activities on our behalf. Without their help, we would be lost in keeping up with regulatory requirements and being a compliant company in Indonesia.

Vivek S.Rathaur
Vega Industries
Thanks to Cekindo and its one-stop market entry solutions, we could start exploring the Indonesian market. Cekindo’s broad portfolio of services included a formal process of our representative office registration, consultations regarding proper legal set-up and even working permit and visa applications. Cekindo’s extensive knowledge of the latest developments and legal requirements allowed us to focus on more operational matters and to build a local team in Indonesia.

Peter van der Linde
Co-founder / Director strategy & solutions, Akvo Pte Ltd