How do foreigners decide on the proper entity in Indonesia?

Frequently Asked Questions

What is the minimum shareholder requirement to incorporate a PT?

The minimum number of shareholders to incorporate a PT is two

How long does it take to set up a PMA company, and how soon can it begin commercial operations?

Establishing a PMA Company in Indonesia typically takes around two weeks after completing document requirements. Following establishment, additional steps such as obtaining licenses and registering for Tax ID vary based on business type. Last, some licensing processes may take time, necessitating thorough planning and preliminary assessments of the business plan for a smoother process.

Should a foreigner deposit the minimum paid-up capital in a bank account to start a business in Indonesia?

It is advisable to make a minimum paid-up capital deposit after the company completes its establishment process. Another option is after the company receives the Articles of Association and Deed of Establishment.

Is halal registration required for all products in Indonesia?

Under the latest regulations on Halal Product Assurance, the mandatory requirement for halal certification has been expanded to encompass a wide range of consumer products in Indonesia. This change, which was previously voluntary, now dictates that various items must obtain halal certification. Initially, the certification focus has been on food and beverage products, with the deadline for compliance set for October 17, 2024