Starting from
$USD 500
PT Biasa
Company establishment
Constitutional documents
English translation*
Open a business bank account*
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PT PMA
Company establishment
Constitutional documents
English translation*
Open a business bank account*
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Starting from
$USD 800
PT Biasa
Company establishment
Constitutional documents
Your general corporate licenses
Employment agreement
Shareholders' agreement
English translation*
Open a business bank account*
-
-
PT PMA
Company establishment
Constitutional documents
Your general corporate licenses
Employment agreement
Shareholders' agreement
English translation*
Open a business bank account*
-
-
Starting from
$USD 1,000
PT Biasa
Company establishment
Constitutional documents
Your general corporate licenses
Employment agreement
Shareholders agreement
Website terms & conditions
English translation*
Open a business bank account*
1 hour legal consultation
PT PMA
Company establishment
Constitutional documents
Your general corporate licenses
Employment agreement
Shareholders agreement
Website terms & conditions
English translation*
Open a business bank account*
1 hour legal consultation
Really helpful setting up our business in Indonesia.
What type of legal entities are available to foreign investors who wish to invest in Indonesia?
This depends on the industry and nature of your business's activities. For example, if you plan to have activity in the social, religious, and/or humanitarian fields you should establish a yayasan.
These are the types of legal entities available to foreign investors wishing to invest in Indonesia:
In addition, these types of legal entities are available for domestic investors wishing to invest in Indonesia:
PT PMA
Activity
Can conduct business activities within the Indonesian Standard Classification of Business Fields (KBLI) of the PT PMA.
Best for
Foreign investors looking for direct investment in Indonesia.
Restrictions
The incorporation of a PT PMA must be pre-approved by the Head of the Investment Coordinating Board (BKPM). On the basis of the Negative Investment List (DNI), a Presidential Regulation that lists business fields which are open, partially open or closed to foreign investment, the BKPM will assess the envisaged investment. Any business field not specifically listed in the DNI or governed by any other legislation is in principle open to 100% foreign investment.
Minimum capitalization
Regardless of the envisaged business field, the BKPM requires a minimum planned investment amount of more than IDR 10,000,000,000.00 (about USD 750,000.00) and at least 25% of which must be paid-up capital, as a general rule. The remaining 75% of the planned investment amount may be invested through loans. The paid-up capital can be used as working capital. The minimum paid-up capital is higher than the general BKPM standard in various business fields, subject to regulations and guidelines issued by the relevant regulatory authority and at the discretion of the BKPM.
Benefits
Can fully operate as limited liability company within the KBLI of the PT PMA.
Disadvantages
Large capital injection. Investment in certain business fields are restricted by the DNI or other legislation.
Work and resident permits
Additional licenses
Compliance
PT Biasa
Activity
Can conduct business activities within the Indonesian Standard Classification of Business Fields (KBLI) of the PT Biasa.
Best for
Domestic investors looking for direct investment in Indonesia without involving any foreign shareholders.
Restrictions
Minimum capitalization
As a general rule, the minimum authorized capital is:
Benefits
Low capital injection and fast establishment process as long as no foreign shareholders are involved.
Disadvantages
No foreign shareholders.
Work permits and visas
Additional licenses
Compliance
KPPA (Representative Office)
Activity
Best for
Investment restriction
Not applicable.
Minimum capitalization
Not applicable.
Benefits
Disadvantages
Work permits and visas
Additional licenses
Not applicable.
Compliance
KP3A (Representative Office for Trading)
Activity
Best for
Ownership restriction
Not applicable.
Minimum capitalization
Not applicable.
Benefits
Disadvantages
Work permits and visas
Additional licenses
Not applicable.
Compliance
Who is able to establish a company in Indonesia?
To establish a company in Indonesia, you must have a minimum of two capable persons and/or companies.
How much will your establishment cost?
At Plato, we offer a straightforward company establishment service. For a quote, simply contact us. We'll then provide you with clear step-by-step guidance and the documentation that you're legally required to have to ensure you're compliant.
How long will it take to establish your company?
We'll first manually review your application. Once we have confirmed its accuracy, we will lodge the complete form - including all information and required documents - to the relevant authorities.
For domestic investments
For foreign investments
What will you receive if your application is approved?
After your application is successful, you’ll receive:
For domestic investments
For foreign investment
What is a principal license (IP) and do you need one?
Before an investor can invest in Indonesia through a PT PMA or a PT PMDN, he or she must first hold a license known as a principal license (IP).
What is a general corporate license and do you need one?
These are the general corporate licenses:
If you have a company / representative office / representative office for trading in Indonesia, you’ll need a general corporate license.
You’re able to apply for your general corporate licenses once you have signed the company deed of establishment or obtained approval from the BKPM for the establishment of a representative office / representative office for trading.
*Foreign investment companies do not require a SIUP.
What is an SKDP and do you need one?
An SKDP (i.e. domicile letter) is a certificate that confirms the permanent residence of a company (or its domicile) and is issued by the local authorities. If you have a company / representative office / representative office for trading in Indonesia, you’ll need an SKDP.
You’re able to apply for an SKDP once you have signed the DOE or obtained approval from the BKPM for the establishment of a representative office / representative office for trading.
Initially, you’ll receive a temporary SKDP from the local authority within 5 working days of the authority receiving your completed documents or information. You are eligible to apply for a permanent SKDP after obtaining an NPWP.
You will receive a permanent SKDP from the local authority within 5 working days of the authority receiving your completed documents or information.
What is an NPWP and do you need one?
A tax identification number, known as an NPWP, is a unique 15 digit number issued by the local tax office to help identify you as a taxpayer.
Each Indonesian will need to have an NPWP to be able to establish your company. Your company / representative office / representative office for trading will need to have a separate NPWP than your NPWP. Also note that each foreigner who is employed in Indonesia will also need to have a separate NPWP.
Your company / representative office / representative office for trading is eligible to apply for an NPWP after obtaining a temporary SKDP.
You'll receive the NPWP from local tax authorities within 10 working days upon the authorities receiving complete documents and information.
What is a TDP and do you need one?
A Certificate of Company Registration, or TDP, is an official record held under the provisions of the law or the regulations of its implementation. It contains matters which must be registered by each company and then authorized by the local authority.
Your company is eligible to apply for a TDP, in case it is a Domestic Limited Liability Company, after obtaining a SIUP or, in case it is a PMA company, after obtaining an NPWP.
You'll receive a TDP from local authorities within 10 working days upon the authorities receiving your completed documents and information.
What is a SIUP and do you need one?
A business license, or SIUP is a permit issued by the local authorities to a Domestic Limited Liability Company to carry out business in the field of trade and services. Each Domestic Limited Liability Company must have a SIUP.
Your Domestic Limited Liability Company is eligible to apply for a SIUP after obtaining an NPWP.
You'll receive your SIUP from local authorities within 10 working days upon the authorities receiving your completed documents and information.
We guarantee you’ll be completely satisfied with our services or your money back.
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