Cekindo Business International

What Cekindo Business International does

PT Cekindo Business International, operating commercially as InCorp Indonesia, is an Indonesian-incorporated professional services firm founded in 2012 and headquartered in Jakarta with offices in Bali, Semarang, Batam, Surabaya, and Lombok. The company provides end-to-end market-entry and operational compliance services to foreign investors, multinational corporations, SMEs, and expatriate professionals operating in or entering Indonesia. Its core service lines span Business Setup (company registration, PT PMA formation, virtual office, licensing, nominee services), Business Process Outsourcing (payroll, accounting, audit, employer of record, recruitment), Tax Consulting and Compliance, Immigration Services (KITAS, work permits, investor visas), Product Registration and Import (BPOM, halal certification, trademark), and Compliance and Secretarial Services. Named enterprise clients include Samsung, Traveloka, Adidas, Exxon, MyRepublic, HomeCredit, and Lalamove, with cumulative clients exceeding 20,000 and annual transactions above 70,000.

The underlying technology is primarily regulatory domain expertise rather than proprietary software: deep familiarity with Indonesian government systems including Coretax (digital tax administration), OSS-RBA (Online Single Submission for licensing), and BPOM (product certification) constitutes the firm's functional moat. Digital touchpoints include a multi-language website (EN, ID, CN, JP, KR), tax calculators, and downloadable e-library resources used as top-of-funnel lead generation. No proprietary AI, machine learning, or API platform is disclosed.

Revenue is generated through project-based professional services fees denominated in USD or IDR, billed under sales orders with late-payment penalties escalating from 5% (30 days) to 20% (120+ days). Payroll and EOR services provide a recurring annuity layer serving over 200 companies, while market-entry projects (registration, licensing) are largely one-off engagements. The company operates as a subsidiary of Ascentium Group, a diversified Asia Pacific business solutions platform, following its 2024 rebrand from Cekindo Indonesia to InCorp Indonesia to align with the parent's regional brand strategy.

Name

Cekindo Business International

Legal name

PT Cekindo Business International

Website

https://cekindo.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Cekindo Business International (operating as InCorp Indonesia) is a Jakarta-based professional services firm providing market-entry, regulatory compliance, tax, immigration, payroll, and licensing services to foreign investors, multinationals, and SMEs entering or operating in Indonesia across six cities.

Ownership category

akta.pro rank

Product category

Market Entry Consulting Services

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Professional Employer Organization (PEO) / Co-Employment Services (BPACAHAB)

akta.pro secondary industry

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

Keywords

• Market entry consulting
• Company registration services
• Payroll outsourcing
• Tax compliance services
• Immigration advisory

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Professional Consulting Services: Fee-based professional services including business setup, company registration, licensing, immigration, and compliance advisory. Services provided under Sales Order/invoice with payment terms in USD or IDR within 7 calendar days of invoice submission.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Cekindo Business International (doing business as InCorp Indonesia) is a professional consulting firm that helps foreign investors and companies enter and operate in the Indonesian market. It delivers business setup, company registration, licensing, payroll and business process outsourcing, tax, immigration, and product registration services.

Product overview

Cekindo Business International (InCorp Indonesia) operates as a unified business consulting and outsourcing platform offering integrated professional services for market entry and operations in Indonesia. The core offerings span Business Setup services (company registration, virtual office, licenses) and Business Process Outsourcing (payroll, accounting, HR, employer of record), supplemented by Immigration Services, Tax Consulting & Compliance, Product Registration & Import, Compliance & Secretarial Services, and Business Advisory. The company also provides digital tools including Personal Income Tax Calculator and Corporate Income Tax Calculator as supplementary resources. Services are delivered through a network of offices across Jakarta, Bali, Semarang, Batam, Surabaya, and Lombok, serving over 20,000 clients worldwide with a team of 1,500+ professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Setup Services End-to-end company incorporation and market entry support for foreign investors and businesses establishing a legal presence in Indonesia.
• Company Registration Registration of legal entities (PT / PT PMA) and related statutory setup for companies entering the Indonesian market.
• Business License Assistance obtaining and managing the business licenses required to operate legally in Indonesia.
• Virtual & Serviced Office Virtual and serviced office solutions providing a registered business address and office facilities for companies operating in Indonesia.
• Nominee Director & Shareholder Services Nominee arrangement services supporting foreign companies with local director and shareholder requirements in Indonesia.
• Business Process Outsourcing Outsourced back-office functions including payroll, HR administration, and accounting for companies operating in Indonesia.
• Tax Consulting & Compliance Tax advisory, filing, and compliance services helping businesses meet Indonesian tax obligations.
• Immigration Services Work permit, KITAS, and visa processing services for expatriate professionals and their employers in Indonesia.
• Product Registration & Import Product registration and import facilitation services for companies bringing goods into the Indonesian market.
• Compliance & Secretarial Services Corporate compliance and company secretarial services supporting ongoing regulatory obligations in Indonesia.
• Business Advisory Advisory services supporting market entry strategy and ongoing business operations for companies in Indonesia.

Quantifiable outcome

• Served 20,000+ clients worldwide with 70,000+ annual transactions
• +1 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Ascentium GroupcoreStrategic or Co-development PartnerAscentium Group is the parent company powering InCorp Indonesia. InCorp is part of the Ascentium Group that provides regional expertise and strong network across Asia Pacific for driving lasting business success.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Deel: Global EOR and contractor management platform covering Indonesia for payroll, immigration and entity setup. Adjacent competitor especially for Cekindo's EOR and payroll line, operating at lower price points via software-led delivery.
• Remote: Global EOR and HR platform with Asia Pacific coverage including Indonesia, competing for the same cross-border hiring wallet share as Cekindo's EOR service.
• Multiplier: Global EOR and payroll platform with explicit Indonesia coverage for hiring, payroll and contractor management. Direct overlap with Cekindo's EOR and payroll outsourcing services, targeting similar foreign-employer customers.
• Sleek: Tech-enabled corporate services platform operating across Southeast Asia (Singapore, Hong Kong, Vietnam, Australia) with company incorporation, accounting and payroll offerings. Represents the digital-first model competing with Cekindo's traditional advisory approach.

Broad incumbents

• PwC Indonesia: Big Four advisory firm offering tax, legal, advisory and setup services in Indonesia. Competes with Cekindo on enterprise tax, transfer pricing and compliance engagements and benefits from stronger global brand pull.
• Deloitte Indonesia (Hadiputranto, Hadinoto & Partners): Big Four Indonesian member firm providing tax, consulting, audit and legal services to multinationals. Overlaps with Cekindo on tax compliance, transfer pricing and cross-border market-entry advisory.

Direct peers

• Acclime: Asia Pacific-focused corporate services firm offering company formation, accounting, payroll, tax and advisory across 18+ markets including Indonesia. Closely mirrors Cekindo's end-to-end market-entry-plus-BPO model and target foreign-investor segment.
• Hawksford: Global corporate services provider with strong Asia presence, delivering entity formation, tax, payroll and compliance to foreign investors. Comparable business model and cross-border SME/mid-market client focus.
• TMF Group: Global provider of corporate secretarial, accounting, payroll and EOR services with deep presence across Asia Pacific including Indonesia. Directly comparable in offering mix (entity setup, BPO, tax compliance) and target market (multinationals entering emerging markets).

Regional players

• VDB Loi: Southeast Asia-focused tax, legal and corporate services firm with deep Vietnam presence and cross-border capabilities. Comparable as a specialist regional market-entry advisory firm, though primarily Vietnam-anchored.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/CekindoBisnisGrup
• LinkedInlinkedin.com/company/incorp-idvn/mycompany
• Xx.com/Cekindo

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cekindo Business International