Company registration & bank account opening

Start your business in Indonesia

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150+projects delivered
30+partner agencies
20+specialists on the team

About us

Good Luck Group is an international consulting agency dedicated to providing our investor, entrepreneur, and business clients with a comprehensive range of corporate services essential for building a successful business in Indonesia.

Founded in Bali in 2020, our team leverages a strong background in international finance and corporate governance. By merging our extensive experience with the unique business opportunities found in Indonesia, we have crafted a distinctive service offering for our clients.

Our mission is to promote Indonesia within the international business community as a promising region for establishing and operating businesses, comparable in capability to more popular jurisdictions.

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Expert guidance for your business growth

Convenient online processes

Company registration, account opening, transactions, and other business operations can be handled remotely, eliminating the need for your physical presence

Expert support

Our specialists provide professional support at every stage of your project, from developing the terms of reference to addressing operational challenges

Transparent pricing

You will receive a detailed breakdown of all provided services, along with a quote for the most requested additional services and maintenance for the upcoming year

Data security

We understand the importance of privacy in business relationships and guarantee the complete security of your data and business information

Efficient resource management

Delegate your corporate matters to our experienced professionals and witness efficient results without expending unnecessary time and resources

Local market expertise

Our multinational team of professionals ensures a deep understanding of local mentality and regulations, enabling us to navigate the market effectively

Tailored solutions

Given the uniqueness of each case we handle, our customized approach is an essential aspect of our client service, ensuring solutions are tailored to your specific needs

Success assurance

Our assurance of success stems from our extensive international commercial experience and expertise in the banking and finance sectors

Advantages of Indonesia

Why start your business in Indonesia now?

Indonesia holds a prominent position in economic development among Southeast Asian nations

Ranked tenth globally in terms of purchasing power parity, Indonesia stands as a formidable force in the world economy

Indonesia ranks as the fourth most populous country globally, boasting a population exceeding 280 million

Also Indonesia:

Has established double tax treaties with numerous countries worldwide

Maintains a neutral political stance and abstains from endorsing the sanctions imposed by Western countries

Ranked among the top 30 global trade leaders in terms of import and export volumes

Has regulations governing cryptocurrencies and permits the legal operation of digital assets

Boasts a stable banking and financial system, characterized by a low inflation rate in the local currency

Offers business owners the opportunity to obtain a two-year residence permit

How to start your business

SEND A REQUEST

Prepare and send us a detailed description of your business goals.

CONSULTATION

Our experts contact you and help with answers to all your questions.

ESTIMATION AND WORK PLAN

We agree on the terms of service and prepare a contract.

KYC PROCEDURE

We run the necessary checks, collect documents and questionnaires for the launch.

CONTRACT PREPARATION

We agree on final terms of work, deadlines and service fees.

CASE LAUNCH

We begin implementing and keep you updated on the work progress.

Our

Cases

01Payment agent

02Cryptocurrency

03Re-export

04Distribution

05Property

06Business sale

Description:

The client company is a major international distributor of alcoholic beverages. It predominantly sells its products wholesale in Russia through restaurants and retail. It was necessary to solve the problem of payments with international partners and suppliers.

Solution:

Remote opening of a company in Indonesia and several bank accounts. It became possible to make payments with Russia in USD and CNY currencies. It also made it possible to reduce the cost of cross-currency exchange operations when operating with export earnings. The company in Indonesia acts as a payment agent in transactions.

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Description:

The client's company is an international IT project. The company receives part of its income in cryptocurrency, and payments to contractors are made through bank payments. It was necessary to create an infrastructure that would allow for the legal display of cryptocurrency receipts and make it possible to easily deposit funds into a bank account after selling cryptocurrency on an exchange.

Solution:

Opening a company in Indonesia, a bank account and a corporate account on a cryptocurrency exchange remotely. A verified account on the exchange is linked to the company's bank account, which allows for instant deposit/withdrawal transactions with the designation "transfer of own funds". It is possible to make payments from the bank account to counterparties worldwide in 12 available currencies.

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Description:

The client's company is engaged in food production in Russia. In order to ensure the operation of the line, it was necessary to purchase components in China. The problem was that the manufacturer had stopped supplying parts directly to Russian production companies due to the threat of secondary sanctions.

Solution:

Establishing communication with the manufacturer on behalf of an Indonesian trading company and organizing the purchase and subsequent air delivery of goods from China to Indonesia. After customs clearance of the goods and payment of duties by the importing company, new documents are prepared and the products are exported on behalf of the Indonesian company to Russia.

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Description:

The client's company owns a small sunflower oil production facility in Turkey. In order to develop the business, the client needed to find new export destinations. The choice was Indonesia, due to the incomparable difference in production volumes within the country to the level of product consumption.

Solution:

Search for a distributor company in Indonesia, organization of a meeting and conclusion of preliminary agreements, obtaining product samples from Turkey for evaluation by the local consumer. After the agreement, the client's trademark was registered in Indonesia, and the procedures of certification and obtaining permits for the products were launched.

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Description:

The client was a private investor from Europe looking to purchase and manage real estate in Bali. The buyer did not want to register the property in the name of an individual due to the high rate of taxation in the country of his residence and the nuances of Indonesian law.

Solution:

Opening a company in Bali and formalizing the purchase of real estate into a legal entity. This operation allowed to obtain a clear legal status for the investor within the country, open a bank account to simplify mutual payments with contractors and management company, as well as significantly reduce tax costs and simplify subsequent operations with the resale of the object.

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Description:

The client is the owner of a beauty salon in Bali. The reason for selling the business was the intention to make a profit from the sale and invest it in more promising areas of activity for the client. It was necessary to prepare the business for sale and find a buyer.

Solution:

Conducting an audit of the business, checking financial performance and the value of declared assets. Preparing a package of documents and materials for the future buyer. Assisting in drafting a contract for the sale of the business and conducting the sale transaction at a local notary.

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