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.
Indonesia is boldly moving towards sustainable transportation. As we all know, the EV market keeps growing, and recently, Indonesia’s government announced a mandate for hydrogen cars.
Hydrogen cars are powered by hydrogen fuel cells. Therefore, to keep the capital green, all Nusantara (IKN) vehicles will slowly develop only for hydrogen cars by 2040. This ambitious plan shifts from the initial focus on battery-electric vehicles (EVs).
Hydrogen cars, also known as fuel cell vehicles, are a type of electric vehicle that uses hydrogen gas to generate electricity. The energy conversion process occurs in the fuel cell, where hydrogen from the vehicle’s tank reacts with oxygen from the air to produce electricity, which then powers the car’s electric motor.
Unlike traditional battery electric vehicles, hydrogen cars do not need to be plugged in to charge. Instead, they refuel with hydrogen gas, which can be done relatively quickly, offering a similar experience to refueling a traditional gasoline vehicle. Here’s a simple note of how hydrogen vehicles work:
Hydrogen cars generate electricity using a fuel cell, which then powers an electric motor to move the vehicle. They use hydrogen gas as fuel and produce electricity through a chemical reaction with oxygen from the air.
The key difference is how they generate electricity. Instead of a large battery pack, hydrogen cars use a fuel cell stack. This stack combines hydrogen from the car’s tank with oxygen from the air through an electrochemical reaction, producing electricity, water vapor, and heat.
The hydrogen gas is stored in a high-pressure tank onboard the hydrogen cars. This storage method allows for a higher density of hydrogen, making it an efficient way to store the fuel for use in the vehicle’s fuel cell.
The government plans to mandate hydrogen-based vehicles in the future capital city of Nusantara (IKN). This mandate signals a shift from the initial emphasis on battery-powered electric vehicles (EVs) in the upcoming new capital in East Kalimantan.
The objective is to enforce this mandate post-2040, with an interim goal of having 50 percent of vehicles running on hydrogen by 2035.
Hydrogen, mainly green hydrogen, is produced through water electrolysis using renewable energy. It is considered a viable fuel candidate for vehicles because its only emission is water, unlike fossil fuel combustion, which releases toxins and greenhouse gasses.
Hydrogen cars can generate electricity through fuel cells, making it a promising technology for meeting diverse electrical and thermal energy requirements. This includes motor vehicles, where hydrogen-fueled vehicles take only 3-5 minutes to refuel completely.
The energy recovery process is significantly faster than recharging electric vehicle batteries, which can take 20 minutes to 1 hour for DC fast charging or 4-10 hours for home charging.
Indonesia has a comparative advantage in producing hydrogen based on natural gas and/or coal gasification. The reserves within Indonesia are analyzed to be more efficient in production than those of the European Union, Japan, South Korea, and fellow ASEAN member countries.
However, hydrogen cars, known as fuel cell electric vehicles (FCEVs) or fuel cells & hydrogen (H2FC/FCH), may be superior to all-electric vehicles (EVs). Refer to the table below from Kompas and research by Kim et al. (2021) in Europe, published in Energies, 2021, 14, 4384.
Two other factors contribute to the high price of hydrogen vehicles. First, these vehicles require “super-special” fuel tanks capable of safely storing high-pressure compressed hydrogen gas or cryogenic tanks if the hydrogen fuel is liquid. Second, the materials used in the fuel cell stack, particularly platinum, are relatively expensive.
Despite many studies suggesting that electric and hydrogen cars are environmentally friendly, evaluating their advantages and disadvantages is crucial to determining which car to purchase. Here are the key pros and cons of hydrogen and EVs.
Indonesia aims to become a global hub for electric vehicles (EVs). Recently, Indonesia announced plans for all vehicles in IKN to be powered by hydrogen cars and fuel cells by 2040.
This shift towards hydrogen technology suggests a future where both battery EVs and hydrogen cars could play significant roles. Indonesia’s abundant resources give it a strong position in the EV race. The country has vast nickel reserves, a key component in lithium-ion batteries used by most EVs today.
Indonesia’s production of critical minerals like aluminum, copper, and tin further strengthens its position in the EV ecosystem. This resource advantage is expected to have a significant economic impact in the coming years.
Analysts predict a growing EV market in Indonesia, with projections of having 2 million electric passenger cars and a staggering 13 million electric motorcycles on the roads by 2030.
According to AC Ventures, the total market value for EVs in Indonesia is expected to reach USD 20 billion by 2030, with a compound annual growth rate (CAGR) of 58.5%.
However, with the focus on hydrogen cars for IKN, Indonesia is looking beyond just battery EVs. This dual approach positions Indonesia as a leader in exploring the future of clean transportation technologies, potentially becoming a global hub for established and emerging EV solutions.
Indonesia is on the right path to establishing an eco-friendly vehicle ecosystem by adopting electric vehicles (EVs) and hydrogen vehicles. This burgeoning market presents substantial opportunities for businesses looking to enter the industry.
InCorp Indonesia can be your trusted partner in navigating this dynamic landscape and streamlining your entry into the Indonesian eco-vehicle market:
Fill out the form below and take advantage of the exciting opportunities in Indonesia’s eco-friendly vehicle industry.
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.