Importer of Record Indonesia: Importing Through a Partner
An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner. As an Importer of Record, Indo Prime Indonesia provides an end-to-end import service for a range of products; from medical devices to cosmetics and F&B. Read on to get an overview of how an IoR works in Indonesia.
Import License Process: a Lengthy & Multi-step Process
Before a company obtains an Import License or Permit, the product holder is required to set up a company. The period in which a foreign company is incorporated can take from weeks to months. The period depends on how well-prepared its set of company documents are, for submission to the Indonesian authorities. Another prerequisite of this process is, a Foreign Company has to submit an investment plan with a minimum paid-up capital of IDR 10 billion.
It is only when these milestones are completed, can a company then apply for its import permits and licenses, which could take another 3 – 6 months. For products to be finally traded in Indonesia, a product holder should note to buffer time for Product Registration with BPOM and other licenses such as Halal License and SNI license.
When Are Importer of Record Services Beneficial?
Companies that find themselves in the following business situations, will find IoR serviced beneficial to their business operations in Indonesia.
- Quick market access into Indonesia is a critical point in your business strategy.
- You have local distribution and retail partners to manage sales in Indonesia.
- You have a company in Indonesia, however, it is not eligible to apply for an import license.
- Importing goods occurs infrequently (e.g.: once every 6 months).
- You are importing multiple products from different categories.
Import Products Into Indonesia With Indo Prime
While you focus on the core aspect of your business, Indo Prime Indonesia’s comprehensive product registration and import solutions can help you in the technical facets of starting a business in Indonesia. To find out more, please fill out the form below and an IoR expert will be in touch with you shortly.
Why Choose Indo Prime as Your Importer of Record?
Our team has familiarized ourselves with the latest Indonesian regulations to ensure that your operations remain compliant.
Whatever your needs, we will have a solution. With our extensive experience, we can ensure your operations run smoothly.
In addition to being your Importer of Record, we can also assist in other services such as product certification or registration.
We will handle all administrative processes as your Importer of Record to prevent any delays and rejected products.
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Frequent Asked Questions
There are two main types, namely, primary business licenses and non-primary business licenses. The primary ones commonly apply to various industries, such as general and industrial business licenses. Additional non-primary ones are included, depending on the operations of your business. Examples of non-primary business licenses are operational and commercial licenses.
Yes, you must apply for it to be able to issue work permits for your foreign employees. This permanent business license is also a prerequisite for the applications for other business licenses and import licenses.
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