Legal Compliance and Administration
Compliance with the rules and regulation is imperative for a business to run flawlessly and sustainably in a foreign country. Different procedural stages might be pertinent to fully comply with the laws and regulations. This may be a tricky part for every foreign entity that wishes to penetrate into a new market in a different country or continent.
Failing to comply with the rules and regulations might jeopardize the performance of the company. It is very important for every company to take close immediate attention to the compliance and government procedures in order for your company to run smoothly and flawlessly.
Global Expandia’s professional consultants are to manage related compliance and administrational duty on behalf of our clients. Our Corporate Secretarial Services will guide you through the challenges and changes, easing your administrative burden and allowing you to focus on running your business.
- Company Registry – Each and every company is required to obtain a TDP – Tanda Daftar Perusahaan as it is a requirement to establish a business in Indonesia
- BPJS (Social Security) – There are two types of Social Security which is mandatory. One is specifically for Health and the other is Manpower. Without obtaining a Social Security, your license will be revoked and you cannot renew any sponsored working permit.
- Domicile Letter – Getting a domicile letter needs to be obtained from the local district (Kelurahan). This may be time consuming if you do not understand thoroughly the procedure and may maybe harder to obtain if you are a foreigner. Our team’s excellent experience and knowledge regarding this matter and we will surely smoothen so it can be completed.
- Business Activity Report (LKPM) – The LKPM is a Business Activity Report to the Indonesian Investment Board – BKPM – that is submitted every 4 times or twice a year, depending on the stage of the establishment. This is crucial and should not be avoided as your license may be revoked. Global Expandia is here to assist you in completing your activity reports so that you can focus on your core business.