• Skip to primary navigation
  • Skip to main content
  • Skip to footer
Cekindo Business Center

Cekindo Business Center

Business Expert in Indonesia

  • Homepage
  • About Us
    • Client’s testimonials
    • Company Profile
    • Terms & Conditions
  • Our Services
    • Virtual Office
    • Co-working and Private Office
    • Business Visa
    • Due Diligence Solutions
    • Shelf Company
    • Company Registration
    • Foreign-Owned and Local Nominee Company
    • Representative office
  • Gallery
  • Blog
  • FAQ
  • Contact
  • ENEN
    • ENEN
    • IDID

Permanent Business Licensing: How Cekindo Can Help

You are here: Home / Blog / Permanent Business Licensing: How Cekindo Can Help

Doing business in Indonesia is a lengthy process. There are still many documents and requirements to meet, and sometimes it’s not enough that you have your company registered already.  You still need to secure a permanent business license.

PRINCIPAL LICENSE VERSUS PERMANENT BUSINESS LICENSE

If you’re a foreigner who wants to invest in allowed industries in the country, you have to go through BKPM (Indonesia Investment Coordinating Board), where you will present your investment plan. The board then evaluates your application, and if you receive an approval, it will provide you with a principle license (izin prinsip). You can then proceed with the other important steps including the incorporation and company registration.

However, once you have completed all the processes and are now operating fully in Indonesia, you should secure a permanent business license as this license is valid for a lifetime.

With it, you can now:

  • Apply for other business licenses depending on the industry you’re in
  • Hire foreign employees
  • Apply Import License
  • Import product under your own company (will be beneficial for trading or distribution company)

Most of all, you keep your company compliant with the laws of the land. It’s good for your business and your reputation.

HOW CEKINDO CAN HELP IN PERMANENT BUSINESS LICENSING

But even getting a permanent business license still has requirements you should be able to meet, and Cekindo is here to make sure you can comply with them. These include the following:

1. Physical Office – Businesses need to have a legitimate professional address as a domicile. In general, using a residence as your office is frowned upon, and it can make company setup more complicated.

While there are different kinds of offices you can choose in Indonesia, we highly suggest the serviced offices in Jakarta and Bali. Cekindo can provide you with a space enough for your needs and budget, with flexible rent options. You will also have access to the essential office support such as mail and call handling, as well as fax and daily cleaning services.

2. Processing of Requirements – Applying for a permanent business license means dealing with a lot of paperwork. If you’re always on the move, that can be challenging to do. Further, besides the primary requirements, you may also need to comply with those of your industry.

Cekindo saves you the burden of preparing and filing these documents as we can draft and process them on your behalf. We can also help you with product registrations and import licenses.

HOW SOON TO APPLY

You have between 1 and 3 years to apply for a permanent business license, but we highly discourage waiting that time. With the help of our business consultants, we can hasten the process so you can start trading in the country with no worries.

For businesses that have been operating since 2015 without a permanent business license, you need to undergo a financial audit. It can be very unsettling especially for new foreign companies. Together with our team and our partners, we’ll help you with the audit review.

The BKPM may also enquire about the delay of the lack of a permanent business license. Our consultants can prepare you for such meeting and guide you through the process.

Many investors may tell you despite the many rules, the country doesn’t enforce all of them strictly. Cekindo suggests ignoring this thought. In the end, it’s always advisable to heed to the side of caution. Don’t put your business in jeopardy by not following the law. Let our company assist you.

Related Posts

Most Common Questions About Office Space

Most Common Questions About Office Space

5 Things to Consider in Finding Perfect Serviced Office for Your Business

5 Things to Consider in Finding Perfect Serviced Office for Your Business

Contact Us

    Footer

    Jakarta – Slipi

    Grand Slipi Tower 9th fl. (Unit G)

    Jl. Letjen. S. Parman Kav. 22-24

    Palmerah, West Jakarta 11480

    Indonesia

    +6221 80660900

    Jakarta – Kuningan

    AXA Tower 36th fl. Kuningan City

    Jl. Prof. Dr. Satrio Kav. 18

    South Jakarta 12940

    Indonesia

    +6221 50101510

    Jakarta – Kebon Jeruk

    Business Park Kebon Jeruk, Blok H1-H2

    Jl. Raya Meruya Ilir No.88

    Jakarta Barat 11620, Indonesia

    +622180660900

    Bali

    Istana Kuta Galeria

    Blok BW 2 No. 3A

    Jl. Patih Jelantik, Kuta, Badung

    Bali 80361, Indonesia

    +62361 2090200

    Semarang

    Ruko Peterongan Plaza Blok C-2

    (in front of Sri Ratu Peterongan)

    Jl. MT. Haryono No.719

    Semarang 50242, Indonesia

    +6224 86001600

    Privacy Policy · © 2021 · Cekindo Business Center

    Pre Order Visa Promo - Popup Banner

    ×
    X
    REGULATION UPDATES:
    Indonesia has closed its borders to foreign travelers until 8th February 2021. With the exceptions of foreigners with KITAS, KITAP, and diplomatic permits.
    The Ministry of Manpower has temporarily suspended all new foreign Visas and KITAS applications until 8th February 2021.
    Employed Foreigners (holding an existing and valid KITAS) who are currently in Indonesia, may file for an extension under their Employer.
    The immigration office in Denpasar (Bali) is limiting Visa extensions to 4 times. To continue staying in Bali, Foreigners can apply for a new Single-Entry Business Visa in Bali. The process takes up to 14 days and the overstay penalty is 1Mil IDR a day.
    If you require more guidance, please get in touch with our teams for the latest updates.
    Further details on COVID19.go.id