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Indonesia has the world's 4th largest population of over 270 million people. As an alternative to China's domestic market, Indonesia is one of the world's favourite go-to for expansion and growth.
We understand the pivotal role that the right talent plays in the success of your business. Our approach to recruitment is tailored to meet the unique needs of each client, ensuring a perfect match between your organisation and our global talent pool.
Innovare Indonesia (PT. Indo Java Makmur) is based in Jakarta, Indonesia and is a member of the Innovare Group. Indonesia favours labor-intensive sectors and is often seen as the alternate manufacturing or operations hub of high growth businesses. However, Indonesia's legal framework is notoriously complex and typically requires a local partner to navigate compliance.
Navigate Indonesia's complex tax, legal & labour compliance with us.
Bypass cultural and language barriers as we act as your local partner.
Forge strategic relationships through Innovare's network of local partners.
Fast-track growth in a highly competitive market through our full-service EOR plan.
Persons coming to Indonesia to work are required to be “sponsored” or “invited” by a local company. There are a variety of options depending on the purpose and duration of the trip. In addition, we can facilitate the entry into Indonesia through the correct sponsorship. Different visas include:
Indonesia's payroll administration has a complicated tax management attached to it. Companies or subsidiaries in Indonesia requires a Tax Identification Number (TIN) for taxation-related activities. Our payroll administration covers:
Employees in Indonesia enjoy statutory leave benefits including annual leave, maternity leave, and public holidays.
Indonesia's social security is called BPJS Ketenagakerjaan. There is also an additional pension fund called Dana Pensiun. We help manage payments to employee funds on your behalf and support multi-currency payroll calculations (IDR, USD).
Employment laws in Indonesia generally favour local employees. Terminating an employment can be difficult, especially with various employment types.
Indonesia is driven by its vast population, affordable workforce and strong supply chain. Its domestic market alone is often a booster for growth.
Through strong trade partnerships, Indonesia provides various free trade agreements and double tax agreements with a large list of countries globally.
Today, the Indonesian government offers numerous investment and tax incentives for foreign investors and global businesses.
114 Lavender Street #06-04 CT Hub 2 Singapore 338729