5 Risks that Await if the Company does not Take Care of Business License

Corporate Secretary Service Indonesia – It’s almost the end of the year, does your company still not have legality? It seems like this information is suitable for entrepreneurs who are lazy to take care of licenses because they seem complicated and not important. Okay, first of all, the admin wants to remind you that Indonesia is a country of law. So, everything is clear and there are rules and regulations. This also applies to the establishment of certain business entities or industries.

On that basis, you shouldn’t have to think twice about taking care of licensing or business legality. Yes, it is clear that there is nothing to lose, it is even beneficial for business interests in the long run. On this occasion, PortCorp will try to explain and explain the importance of having a business license for every field of industry that you run. Both MSMEs or large company owners are advised to listen to it.

1. Impact on Legal Protection

First and foremost, we have mentioned briefly at the top. By pocketing legality, the field of business that you run will get legal protection. Yes, so if something happens in the industrial environment such as property theft, or something similar, legal institutions can help you to resolve the case. In general, this has been a basic foundation that has been taught since I was in education. However, the implementation is still lacking.

There are still many who ignore or do not understand well the importance of having legality and its relationship with legal protection. Because it is considered not to have a big impact on the company. Of course this is a wrong assumption, so it must be straightened out. Without a legal umbrella, your company will be considered illegal and does not comply with the provisions of industrial establishment in Indonesia.

2. Loss of Trust from Clients and Customers

Would you yourself be interested in buying products or using services in unregistered / illegal services? The admin himself clearly does not want to. Because this is too risky, companies that violate statutory provisions from the start have given a negative image to consumers. No matter what guarantees are offered, if you don’t have legality, it is questionable.

Read Also: Products that are Banned from Import and the Reasons Why

Slowly but surely, if you continue to let the business field run without legality, the sense of trust (trust) from clients or customers will decrease until it is finally lost completely.

3. Investors Will Not Look at Your Company

This is related to clients, of course it also affects people who want to invest in your company (investors). Anyone will definitely hesitate if the company owner doesn’t even have NIB. Even though this is the most important thing. Nowadays, the existence of a Business Identification Number can be used for various purposes, including as an API-U.

Yes, basically the admin just wants to remind you, if you want a lot of investors to invest, then first fix the legality of the company so they can trust you. If this is not done immediately, don’t expect investors to be interested in supporting your business.

4. Branding Will Be Bad and Difficult to Improve

“Don’t use services there, the company is illegal and doesn’t have a license”, yes that’s more or less what clients think about your company if you continue to ignore business licensing. Whereas branding is what will make your company popular and widely recognized. If the first impression is already bad, then no matter how good or interesting the product/service is, it will be difficult to increase its popularity.

This is certainly not a good decision, considering that everyone who sets up a business wants their services/products to be recognized and used by many.

5. Profit Will Decline, the Worst Possibility is Going Out of Business

This is the worst, because you can’t get legal protection, you have lost client trust, there are no investors, the company’s branding is not increasing. Then the worst possibility is that profits will decrease drastically. This is a big problem, no company owner or employee wants this to happen. However, it seems that if understood this can indeed happen, because legality itself is a fundamental and reference that needs to be owned by the company.

This is not just a fabrication, but if it is arranged logically from the first point then this can happen. But don’t worry about developing your business by setting up a company in Indonesia, because Portcorp is here as a solution for your business, also when you need Business License service. Portcorp is your comprehensive corporate secretary service in Indonesia. With our presence, you can get a dedicated company secretary to support you to what you need. Our company secretaries will track deadlines and file paperwork so your business keeps running smoothly, even your Business License. Contact us now on +6221-5020-8090 for your business succeed in the future!