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Services

Company Establishment

Establishing a foreign-owned company in Indonesia can be a complex process, but with the right expertise, it becomes a seamless and strategic endeavour.

At TraceWorthy, we specialise in guiding investors through every step of company establishment, ensuring full compliance with Indonesia’s legal and regulatory requirements.

From creating a PT PMA (foreign-owned company) to securing the necessary permits and licenses, we provide tailored solutions to meet your business needs.

Our deep knowledge of local regulations, combined with our personalised approach, ensures that your business is set up for long-term success in Indonesia’s dynamic market.

REGISTER AND LICENSE A NEW COMPANY

  • Feasibility Study
  • Business Planning
  • Pre-Start Documentation / Agreements
  • Company Registration
  • Permits and Licensing
  • Company Constitution
  • Shareholders Agreements

AMEND OR OBTAIN COMPANY LICENSES

TraceWorthy Consulting can both obtain and adjust business permits and licenses through the government’s Online Single Submission – Risk Based Approach (OSS- RBA) portal.

AMEND CORPORATE STRUCTURE

There are many reasons why a corporate structure may need to be changed, including:

  • A change of company domicile
  • A change of direction that requires new licenses
  • A change of shareholder(s) or the issuance of new shares
  • An increase in authorised, subscribed or paid-up capital
  • New ownership, a merger or joint venture
  • The resignation or appointment of a new executive member

Compliance & Legal Services

Navigating Indonesia’s regulatory environment can be overwhelming, but with TraceWorthy’s expert compliance and business services, you can stay focused on growing your business while we handle the details.

From statutory reporting and regulatory filings to legal obligations and risk management, our team ensures that your operations remain compliant with local laws. Our tailored services are designed to provide peace of mind, knowing that your business is always aligned with Indonesia’s dynamic regulations.

BUSINESS HEALTH CHECKS

Perform a company “health check” on statutory compliance and fitness for purpose, including investigating and advising on:

  • Authorised and Paid-Up Capital Structure
  • Industry Classification(s) (KBLI)
  • Business Activity Licensing
  • Location Approvals (Izin Locasi)
  • Online Single Submission – Risk Based Approach (OSS-RBA) Compliance

CORPORATE DUE DILIGENCE

Perform corporate due diligence ahead of buying a business or entering into a business partnership or joint venture in Indonesia, including investigating and advising on:

  • Capital Structure
  • Financial Statement Authentication
  • Key Decision Maker Profiles
  • Market Position
  • Statutory Compliance

CONTRACTS

  • Company Constitutions
  • Partnership Agreements
  • Sale and Purchase of Shares
  • Shareholder Agreements

  • Employment Agreements
  • Independent Contractor Agreements

  • Distribution or Supply Agreements
  • Management and Cooperation Agreements
  • Joint Ventures

  • Confidentiality Agreements
  • Non-Circumvention Agreements
  • Non-Disclosure Agreements

  • Intellectual Property Licensing

Financial & Tax Services

With a deep understanding of Indonesia’s tax regulations and financial landscape, we help you manage your finances with precision, so you can focus on driving business success.

TraceWorthy’s financial services are designed to ensure your business remains financially sound and compliant in Indonesia.

Our team of experts offers a comprehensive range of financial support, from bookkeeping and tax planning to financial reporting and cash flow management.

TraceWorthy Consulting will review, record and reconcile account information to make sure all transactions are recorded and reported on. All you need to do is provide us with your incoming and outgoing invoices and bank statements.

PLANNING

  • Budgeting
  • Financial Projections
  • Costing and Pricing Strategies

BOOKKEEPING

  • Receiving and data entering invoices
  • Labelling monthly bank transactions
  • Reconciling financial data
  • Generating income and expense reports

ACCOUNTING

  • Maintenance of General Ledger
  • Monthly Financial Statements, including Balance Sheet and Profit and Loss
  • Payroll Management
  • Year-End Financial Statements

TAXATION

  • Tax (NPWP) Registration
  • PPh 21 Personal Income Tax (payroll)
  • PPh 23 Corporate Income Tax
  • Value Added Tax (VAT)
  • Withholding Tax (WHT)
  • Capital Gains Tax
  • Annual Tax Lodgement – Corporate & Personal
  • Reporting for Avoidance of Double Tax

STATUTORY REPORTING

  • BPJS Ketenagakerjaan
  • BPJS Kesehatan
  • Investment Activity Reporting (LKPM)

Property Investment

At TraceWorthy, we provide comprehensive property investment services, ensuring that every aspect of your transaction is secure and compliant with Indonesian law.

Investing in Indonesian property requires careful due diligence and legal navigation. Whether you’re purchasing, leasing, or developing property, our team’s expert knowledge of local regulations and property markets ensures that your investment is both sound and strategically beneficial.

LAND DUE DILIGENCE

  • History of Ownership
  • Land Certificates
  • Survey, including Boundaries, Area,
    Contour, Condition, Buildings
  • Zoning Report, including Building Permit(s)
  • Land and Income Tax Clearance
  • Litigation Report, including Encumbrances
  • Access and Easements
  • Sanitation
  • Utilities
  • Local Issues

LICENSING AND PERMITS

  • Zoning Changes
  • Building Permits
  • Standard Certificates
  • Environmental Permits
  • Liquor Licensing

AGREEMENTS

  • Commercial Leases
  • Land Sale and Purchase
  • Residential Property Leases
  • Short-and Long-Term Land Leases

Governance Management

Simplify and elevate your governance practices with TraceWorthy’s Governance Manager. This all-in-one tool offers curated governance frameworks, engaging multimedia content, and detailed analytics to help you measure, manage, and improve governance across your organisation.

In the context of operating companies, governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It encompasses the structures, accountability mechanisms, and decision-making processes that ensure a company is managed in a responsible, ethical, and transparent manner. Good governance helps direct improvements, strengthen capabilities, prioritise investment, and drive performance gains.

Managing governance complexities is essential for any business, and TraceWorthy’s Governance Manager is your comprehensive solution for maintaining the highest governance standards.

Our platform offers a seamless, integrated approach to governance, providing access to best practices, detailed reports, and key analytics that help you measure and improve governance across your organisation.

CORPORATE GOVERNANCE

This focuses on the relationship between a company’s shareholders, board of directors, and management. It includes practices like shareholder rights, board composition, executive compensation, and internal controls.

RISK MANAGEMENT

This involves identifying, assessing, and mitigating risks that could impact the company’s operations, financial performance, or reputation.

COMPLIANCE

This ensures that the company adheres to applicable laws, regulations, and industry standards.

SUSTAINABILITY

This addresses the company’s environmental, social, and governance (ESG) responsibilities, considering its impact on society and the planet.

ETHICS

This promotes ethical behavior and decision-making throughout the organization.

EVALUATIONS

  • Board Performance
  • Chief Executive Officer Performance
  • Manager Appraisals
  • Team Appraisals

ASSESSMENTS

  • Strategy
  • Marketing
  • Remuneration
  • Policies & Procedures

TOOLS

  • Risk Management
  • Business Valuation
  • Growth Management
  • Procurement Processes
  • Supply Chain Management
  • Human Resources Processes
  • Project Management Processes
  • Change Management Processes
  • Knowledge Resource Management

Training & Development

TraceWorthy’s online training and development platform contains hundreds of short courses, each with a certificate, to support any company with continuous improvement. It provides a company of any size with all the resources to build a program and assign, prioritise, schedule, monitor and report on all of training and development actions.

Equip your team with the skills and knowledge they need to excel in today’s competitive market.

TraceWorthy’s training and development programs are tailored to meet the specific needs of your business, focusing on everything from leadership development to communication skills.

Employees can be enrolled in any course or program individually and participate autonomously or TraceWorthy can be engaged to deliver the courses to groups or companies.

Led by experienced professionals, our workshops and training sessions are designed to drive productivity, foster growth, and create a culture of continuous learning within your organisation.

TRAINING

  • Governance Manager Platform: Comprehensive training programs supporting the Governance Manager platform, offered through individual, group, or company-based learning, with or without TraceWorthy facilitation.
  • Customised Team Training: Workshops and seminars tailored to meet the specific needs of your team, ensuring practical learning outcomes aligned with your business goals.
  • Compliance and Operational Excellence: Training in areas such as regulatory compliance, financial management, and operational efficiency, ensuring that your team is equipped to navigate Indonesia’s complex business environment.

BUSINESS DEVELOPMENT

  • Leadership Development Programs: Focused on fostering leadership at every level of your organisation, these programs combine practical skills with personal growth strategies.
  • Cultural Competency Development: Training modules that help expatriates and local teams work together effectively by understanding cultural nuances and communication styles in Indonesia.
  • Ongoing Professional Growth: Continuous learning opportunities for individuals and teams to stay ahead in a rapidly changing business environment, with a focus on innovation and resilience.

At TraceWorthy, we recognise that business success is not only about strategy and operations but also about continuous personal and professional growth.

With over 25 years of experience, our Founder, Tracy Wilkinson, has coached more than 1,000 executives and entrepreneurs, helping them unlock their potential and achieve business success.

Whether your team needs personalised coaching or self-driven learning, TraceWorthy is here to support growth and excellence at every level.

PERFORMANCE COACHING

  • Growth and Expansion Coaching: Designed for business leaders looking to scale their companies or explore new ventures, focusing on personal development alongside business strategy.
  • Executive Leadership: Personalised coaching programs designed to help executives develop leadership skills, improve decision-making, and enhance emotional intelligence.
  • Founder Transition Support: Tailored coaching for entrepreneurs transitioning from employment to self-employment, helping them shift mindsets and expand their businesses.
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