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Blog - cekindo

THE ULTIMATE GUIDE TO DOING BUSINESS IN INDONESIA

Behind every success of business expansion is the comprehensive knowledge of regulations, legal compliances, procedures and socio culture, among others. If you are intending to expand to Indonesia, get our free copy of e-book to learn about starting a business in Indonesia, everything you need to know from A-Z. Simply click the "download" button below.

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Blog: cekindo

How to Start a Fintech Company in Indonesia

Posted 15.02. 2019 by Cekindo

Fintech industry in Indonesia has started a revolution. The Financial Technology (fintech) Association in Indonesia was established only two years ago. In just two short years, mobile technology services such as mobile wallets Go-Pay and Ovo have opened a new era of cashless payments in Indonesia, and the tremendous rise in the adoption of e-wallets …

Pros and Cons of Payroll Outsourcing for SME in Indonesia

Posted 15.02. 2019 by Cekindo

Every business that employs people is obliged to do payroll. However, as a small or medium-sized enterprises (SME) owner, you do not necessarily have to do it yourself, especially when you need to juggle other responsibilities in the company. Of course, you can delegate payroll tasks to employees and do it in-house. However, there will …

Semarang Opens 4 Major Investment Opportunities in 2019

Posted 30.01. 2019 by Cekindo

Searching for profitable sectors to invest in Semarang can be a concrete strategy when looking for new investment opportunities in Indonesia. While Jakarta, Bali and its nearby areas continue to lead the growth in economy and business opportunities, a significant shift of investments is also observed in Semarang. In addition, businesses in Bogor, Jakarta, Depok, …

Insider Tips on Import and Export Business in Surabaya

Posted 29.01. 2019 by Cekindo

Not only that the city of Surabaya is less saturated than Central Java and Jakarta, but it also shows a higher economic growth rate compared to both of the more developed regions. As a result, many investors shift their focus to Surabaya and focus on export and import, trading, manufacturing, resources and infrastructure sectors. Let’s …

Indonesia: The Global Leader in Manufacturing to Be

Posted 24.01. 2019 by Cekindo

Indonesia is poised to become the future global leader in manufacturing with a strong economic backdrop, and due to the political uncertainty in neighbouring countries. According to a report from Deloitte, Indonesia will be one of the top 15 manufacturing hubs in the world by 2023. It is of no surprise because Indonesia’s manufacturing industry …

Benefits of PEO Outsourcing in Indonesia

Posted 23.01. 2019 by Cekindo , last update on 25.01. 2019

Today, business owners and entrepreneurs in Indonesia know that every dollar and every minute counts when it comes to running a business. As your business in Indonesia grows, your HR demands can pile up, and you will be overload with employee’s paperwork. There is also a chance that your company struggle to attract and retain …

Is It Late to Secure Halal Certification in Indonesia?

Posted 22.01. 2019 by Cekindo , last update on 25.01. 2019

Effective from October 2019, the government of Indonesia will enforce the mandatory halal certification and labelling measures for halal products in the country. Thus, Cekindo urges businesses and entrepreneurs to act appropriately and as soon as possible to avoid any unnecessary penalties. With over 260 million population and 90% of them are Muslims, Indonesia remains …

Is Doing Business on a Spouse Visa Legal in Indonesia?

Posted 9.01. 2019 by Cekindo

To qualify for a spouse visa, or a permanent stay permit (KITAP) in Indonesia, you must be legally married to an Indonesian citizen. A marriage is only legal when it is officially recognised by the government anywhere in Indonesia where you were married. Domestic partnerships, in which a couple have not formalised their relationship but …

Cekindo Has Officially Partnered with InCorp Group

Posted 8.01. 2019 by Cekindo

We are thrilled to announce that PT Cekindo Bisnis Grup has been acquired by InCorp Group, a leading corporate services company in Asia Pacific, with headquarters in Singapore. The acquisition took place on 21 December 2018. Due to this acquistion, our operations have been transferred from previously PT Cekindo Bisnis Grup to now PT Cekindo …

Introduction to Environmental Permits in Indonesia

Posted 8.01. 2019 by Cekindo , last update on 16.01. 2019

Environmental permits or licenses are required for certain businesses that impact the environment to operate in Indonesia. The environmental permit is particularly important for those businesses or sectors their activities affect the environment, such as releasing any waste or materials into the water or air. Not only that the environmental permit requires the organization to …

Latest Development of Digital Financial Innovation in Indonesia

Posted 4.01. 2019 by Cekindo

The Indonesian Financial Services Authority (Otoritas Jasa Keuangan – OJK) officially issued a Regulation No. POJK 13 /POJK.02/2018 concerning Digital Financial Innovation in Financial Services Sector (“POJK 13”) that was put into effect on August 16, 2018. POJK 13 was set up to regulate the exploding growth of digital industries eagerly participating in Indonesian financial …

New Negative Investment List Opens 54 Sectors to Foreigners

Posted 28.12. 2018 by Cekindo , last update on 3.01. 2019

In order to boost foreign and domestic investments in Indonesia, the government of Indonesia is going to update the Negative Investment List (NIL), which was last amended in 2016. Reasons for the Change? The new list was announced in November 2018 as part of the 16th economic policy package by the Coordinating Ministry for Economic …