InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
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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.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
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.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
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 countrys 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.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
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.
Learn more about the SNI 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 todays 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.
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.
China’s investment in Indonesia has steadily increased, establishing it as a key player in the archipelago nation’s economic landscape. This guide explores the outlook for Chinese investment in 2024, the driving forces behind this economic partnership, promising sectors for investment, and the challenges to consider.
Several factors drive China’s growing investment in Indonesia:
Additionally, the investment in Indonesia is part of a broader trend of increasing China’s investment in Asia, showcasing the country’s expanding economic influence.
The Ministry of Investment/Investment Coordinating Board (BKPM) reports that Chinese investment in Indonesia reached USD 30.2 billion from 2019 to Q1 2024, during which 21,022 projects were collaborated.
Riyatno, Deputy for Investment Cooperation at the Ministry of Investment/BKPM, noted that China has ranked among Indonesia’s top five foreign investment sources over the past five years. In 2023, China was the second-largest investor in Indonesia, following Singapore.
In 2023, Southeast Asia attracted about 50% of China’s regional investments, a 27% increase from the previous year, with Indonesia receiving around USD 7.3 billion.
During a bilateral meeting on September 8, 2023, Indonesian President Joko Widodo and Chinese Premier Li Qiang announced a new USD 21.7 billion investment pledge from China, covering diverse sectors such as e-commerce, industry, agriculture, and technology.
This follows a previous commitment of USD 44.89 billion in July 2023. The agreement also includes the Financing Facilitation for the China-Indonesia “Two Countries, Twin Parks” initiative, reinforcing their economic ties under the Belt and Road Initiative (BRI). China’s investments in Indonesia are notable in several areas:
Chinese foreign direct investment (FDI) has significantly bolstered Indonesia’s nickel market dominance, with major projects like the Morowali Industrial Park.
Chinese companies in Indonesia, including Yadea and BYD, are also rapidly entering the electric vehicle (EV) market, enhancing the country’s industrial capabilities and infrastructure.
China has made substantial contributions to Indonesia’s transportation sector, exemplified by the Jakarta-Bandung high-speed railway, a USD 7.3 billion project. This high-speed rail, operational since October 2023, has reduced travel time between Jakarta and Bandung from over three hours to 40 minutes.
Chinese investment is crucial for Indonesia’s energy transition. In 2023, deals worth USD 12.6 billion were signed, focusing on EV batteries and clean energy projects. Xinyi Glass Holdings announced a USD 11.5 billion investment in a quartz sand processing plant vital for solar panels.
In January 2024, BYD established a USD 1.3 billion EV plant in Indonesia, significantly boosting its EV industry and reinforcing its position in the global market.
The Government of Indonesia has implemented several policies to boost investment, such as revising 72 laws perceived as barriers to investment through an omnibus law approach and introducing the Online Single Submission (OSS) system to streamline business permits.
However, these efforts have remained relatively high in foreign investment flows into the country. The BKPM has identified five significant challenges deterring investors:
Further challenges include navigating a new investment landscape in a democratic nation where political actors frequently change.
Moreover, the Chinese government’s focus on supporting state-owned enterprises over private-sector ventures requires Chinese companies to manage political uncertainties in Indonesia independently.
Despite the existing challenges, China remains a key investor in Indonesia, significantly impacting the country’s foreign direct investment sector. As of 2024, the Indonesian government actively promotes 81 industrial projects to attract Chinese investors.
These projects, listed in the Regional Investment Potentials, cover sectors such as economic zones, real estate, tourism, agro-industry, renewable energy, and infrastructure.
The total investment needed for these projects across all 34 provinces is around IDR 239 trillion (approximately USD 14.7 billion). This substantial investment reflects Indonesia’s commitment to strengthening its economic relationship with China.
Moreover, the Indonesian government focuses on projects and other investment opportunities in renewable energy, resource processing, and Nusantara Capital City (IKN) development.
Critical tourism investments include Lake Toba, Borobudur, Labuan Bajo, Mandalika, and Likupang.
As both nations work to enhance investment and explore new opportunities, they are set to deepen their collaboration and drive sustainable development.
In recent years, Chinese investment has significantly contributed to Indonesia’s economic growth, underscoring Indonesia’s status as a lucrative destination for investors. With numerous opportunities across various sectors, Indonesia attracts substantial foreign interest.
InCorp is your gateway to success in Indonesia’s thriving investment landscape. We specialize in supporting Chinese companies looking to capitalize on this exciting market.
Here’s how InCorp simplifies your Chinese investment journey in Indonesia:
Unlock the opportunity for your Chinese investment by filling out the form below.
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.