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Why Should You Choose Company Dissolution Services in Indonesia?

As a business owner, running your own company is always challenging. One of the biggest challenges that may arise is the possibility of a company dissolution.

Unfortunately, closing a company in Indonesia can be another burden if not systematically executed. Problems that come within the company, such as administrative problems, can also lead to the dissolution of the company.

Some other common reasons for dissolving a company  in Indonesia are:

  • An expired incorporation term
  • An expired business license (a PT PMA business license or other operational license). Some cases may involve a license being revoked
  • A company has been dormant or has not been actively operating for the last three years
  • A company or a business is not compliant with the Indonesia Law
  • A company is bankrupt and unable to pay creditors with its assets

The Process of Company Dissolution in Indonesia

To dissolve a company in Indonesia a business is obliged to go through a liquidation process. In other words, liquidation is the process of clearing and settling the assets and liabilities of a closing company, either active or inactive in Indonesia, without going through the litigation process.

To approve the liquidation process, a company should assign a liquidator. The liquidator of the closing company can be represented by a legal consultant, a lawyer, or one of the Board of Directors (BoD) members during the process of winding up a company.

The appointed liquidator is responsible for announcing the dissolution in the State Gazette of Indonesia and the local newspaper agencies. Failure to do so will result in an ineffective liquidation.

The Time Frame for Company Dissolution

The process of closing a company can take between 1 to 1.5 years to complete. According to Act Number 40 of 2007 concerning Limited Liability Company, the steps to dissolve a company are as follows:

Company Dissolution Timeline

InCorp Indonesia as Company Dissolution Services Provider

1
LIQUIDATOR SERVICES

InCorp can act as a liquidator in Indonesia and assist in conducting all the steps of the process for the closing company.

1
ONE-STOP SOLUTIONS

InCorp is a leading one-stop consultancy provider and will handle the whole termination process of your company’s legal status in Indonesia.

1
FAST PROCESS

The duration of closing a company in Indonesia depends on many external conditions, but InCorp ensures that no major delays will occur. We guarantee the fastest dissolution process thanks to our vast experience in the Indonesian market and a vast network.

Daris Salam

COO Indonesia at InCorp Indonesia

With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships.

Are you ready to make your
mark in Indonesia?

Get in touch with us.

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What Our Clients Say

China Fortune Land
Development Co,. Ltd
After comparing several consultants, I found InCorp Indonesia is a international and professional organization with good understanding of local market. InCorp Indonesia helped our company to set up our first Indonesian entity, and also helps with day-to-day operation. InCorp Indonesia showed high level of professionalism. Jump start the business in Indonesia, take care of routine process, therefore we can focus more on our core business.
Desmi
Cekindo provided outstanding services in registering our representative office in Indonesia in a timely manner. Their financial services have been helping us a lot — our local employees feel secure working for our company. Cekindo became our reliable partner with quick response on our needs. Their flexibility and full support of our business in Indonesia are the main reasons to continue in our cooperation.
PT AESK
We chose Cekindo because we considered Cekindo as a professional company with a good attitude and a streamlined business model. Cekindo met all our expectations as it created the atmosphere of accountability and transparency. The most significant added values that we received from cooperation with Cekindo are the time we saved and mistakes we avoided.
Sedbergh, Ltd.
We were searching for suitable partner for the begining of our operation on Indonesian market. After short exploration and recommendation from our business partners we decided for Cekindo. Local knowledge, orientation at our business problematics, contacts and language. In a friendly approach combined with professional service. Consultation before the project – avoids so much unnecessary act of “foreigners” worse overview of the Indonesian legislative.
LEC GROUP
We were searching for suitable partner for the begining of our operation on Indonesian market. After short exploration and recommendation from our business partners we decided for Cekindo. Local knowledge, orientation at our business problematics, contacts and language. In a friendly approach combined with professional service. Consultation before the project – avoids so much unnecessary act of “foreigners” worse overview of the Indonesian legislative.
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