Home Blog Company Establishment in Indonesia New Company Establishment in Indonesia New InCorp Editorial Team 13 December 2023 0 minute reading time Table of Contents
Home Blog Company Incorporation in Indonesia: Your Complete Guide Company Incorporation in Indonesia: Your Complete Guide InCorp Editorial Team 18 June 2024 2 minute reading time Table of Contents Types of Entities for Foreign Investors in Indonesia Foreign-owned Company General Representative Office Representative Office for Business Trading Representative Office for Construction Company Types of Entities for Foreign Investors in Indonesia Foreign-owned Company If you are a foreign investor that wants full control of your business, then establishing a fully foreign-owned entity is the best option you can opt for. This is the only legal entity in Indonesia that allows up to 100% foreign ownership. However, each sector has regulations on their permitted business activities as well as the maximum amount of shares foreigners can own determined by the Positive Investment List. Incorporate today General Representative Office A representative office (RO) is suitable for foreign investors and business owners that are at the early stage of expanding into Indonesia. RO’s allow foreign businesses to test the Indonesian market before establishing any commercial operations. RO’s also work best for non-sales activities, such as customer service support, approaching potential clients, as well as conducting marketing and brand awareness initiatives. Establish now Representative Office for Business Trading This is a representative office that is established specifically for business trading. Both general and trading RO’s are prohibited from conducting business activities that generate financial income. However, a trading RO may be established in any part of Indonesia, whereas a general RO is not able to do so. Establish today Representative Office for Construction Company This is a representative office specifically established for foreign construction companies. You may engage in large-scale construction projects, but only under a joint operation with a local company known as local company. Despite its limitations, it is still a good start for foreign construction companies to set their footprint in Indonesia, as they are allowed to collaborate on building projects without obtaining a construction permit. Establish now
Home Blog Can you provide pricing examples for company registration services? Can you provide pricing examples for company registration services? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents To provide you with accurate pricing information for our company registration services, we consider the complexities of your inquiries and the dynamic nature of regulations in Indonesia. As a result, the pricing for the service may vary accordingly. For detailed information, don’t hesitate to contact our consultants.
Home Blog How do foreigners decide on the proper entity in Indonesia? How do foreigners decide on the proper entity in Indonesia? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents It all depends on your business’s purpose and nature. Our consultants will help you to clear out the matters.
Home Blog How to conduct a company registration in Indonesia for a foreigner? How to conduct a company registration in Indonesia for a foreigner? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents Foreigner have to establish a foreign-owned company (PT PMA) in Indonesia. For detail procedure, let’s talk to our consultants.
Home Blog What is the cost for opening a company in Indonesia? What is the cost for opening a company in Indonesia? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents It depends on the company type and area in which you want to open your company. But, the cost starts from USD 1,500 for a local company (PT) in Jakarta area.
Home Blog Do local and foreign companies pay the same tax? Do local and foreign companies pay the same tax? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents Yes
Home Blog How long does it take to register a company in Indonesia? How long does it take to register a company in Indonesia? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents It should take between 1 to 1.5 months. For speedy incorporation, you can choose a shelf company (ready-made company) instead.
Home Blog Can I expand my business to Indonesia without having to establish a company? Can I expand my business to Indonesia without having to establish a company? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents Yes, this particularly applies to import and export businesses. Instead of establishing a company, you can use an undername import service, also known as importer of record.
Home Blog Can I set up a locally owned company as a foreigner? Can I set up a locally owned company as a foreigner? InCorp Editorial Team 15 August 2023 1 minute reading time Table of Contents Of course. To do so, you need to engage with a local nominee service provider.
Home Blog Pandu Biasramadhan Beauty | Business Licenses | Business Setup | Business Visa | Company Dissolution | Company Registration | Corporate Recovery Insolvency | Dependent Visa | Driving License | Food & Beverages | Halal Certification | Health Supplement | Household Products | Immigration Services | Import License | Indonesia | Investor KITAS | Jakarta | KITAP | KITAS Work Permit | Land Property Ownership | Local Distributor Partner | Local Partner Distributor | Local PT | Market Research Analysis | Medical Device | Mergers & Acquisitions | More Services | Office Services | Opening Bank Account | Other | Product Registration | Promotion | PT PMA | Representative Office | Retirement Visa | Serviced Office | Shelf Company | SNI Cerfificate | Social Visa | Special Purpose Vehicle | Trade Mission | Trademark Registration | Virtual Office Pandu Biasramadhan InCorp Editorial Team 5 January 2024 0 minute reading time Table of Contents Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog Company Establishment in Indonesia Company Establishment in Indonesia InCorp Editorial Team 24 June 2024 4 minute reading time Table of Contents Types of Legal Entities for Foreign Investors in Indonesia Enter the Indonesian Market and Beyond Comparisons of Company Establishment Options for Foreign Investors in Indonesia Types of Legal Entities for Foreign Investors in Indonesia PT PMA (Foreign-owned Company) The PT PMA is an optimal choice for foreign investors seeking full control in Indonesia with up to 100% foreign ownership or looking for company registration in Indonesia, subject to sector-specific regulations. Representative Office for Business Trading (KP3A) KP3A is specialized office for business trading, but restricted from generating financial income. Investors can build and operate this business structure anywhere all across Indonesia. General Representative Office (KPPA) KPPA is ideal for foreign investors testing the Indonesian market and engaging in non-sales activities like customer service, marketing, and client outreach. Representative Office for Construction Company (BUJKA) Establishment of BUJKA is intended for foreign construction companies. This business structure enables collaboration on large-scale projects through joint operations with a local company (Local PT), without the need for a construction license (SIUJK). Enter the Indonesian Market and Beyond With a decade of experience and a vast network, InCorp Indonesia has emerged as a distinguished consulting company, providing comprehensive corporate services to cater to your business needs. 30+ Years Track Record 15,000+ Clients Worldwide 70,000+ Annual Transactions 1,000+ Professionals Internal Process Consultation Talk to our experts about your expansion objectives and how to do company registration Indonesia. Collecting Required Documents Provide us with all the documents required for company establishment in the company registration Indonesia process. Document Review We ensure your submitted documents are aligned with the latest company registration Indonesia regulations. Drafting We will draft your application letter addressed to related government bodies for the company registration Indonesia process. Documents Submission We file all your documents to the related government bodies on your behalf for your company registration Indonesia. External Process Registration of Indonesian Tax ID (NPWP) An NPWP is required to secure other business licenses, open a bank account, and fulfilling tax obligations. Obtain Indonesian Business Identification Number (NIB) A NIB is required for a company registration Indonesia to conduct immediate business operations. Deed of Incorporation (For PT PMA) A Notary should draft and legalized your Deed of Incorporation. Approval of Legal Entity (For PT PMA) After submission of Deed of Incorporation by the notary, the Ministry of Law and Human Rights will give approval. Securing Other Licenses (For PT PMA) Some sectors and business activities require more specific business licenses and permits for their company registration Indonesia process. This process can from 7 to 20 days, depending on your business sector. *The estimated time after all the required documents are deemed eligible for submission to the related government’s bodies. Comparisons of Company Establishment Options for Foreign Investors in Indonesia PT PMAKPPAKP3ABUJKA Nature Allows profit-generating business activities Allows up to 100% foreign ownership Ideal for business sectors that are open for foreign investment Structure Minimum two shareholders (corporate/individual) Minimum one local director Must have at least one commissioner (can be a foreigner with a valid work permit) Capitalisation Minimum IDR 10 billion of investment At least IDR 10 billion should be provided as a paid-up capital Benefits Full control of business Eligible to sponsor work and stay permit for foreign employee Nature Not allowed to generate financial income Allows up to 100% foreign ownership Ideal for testing the waters before setting up a fully-fledged company Works best for non-sales activities Structure No shareholder or director required One chief executive is sufficient Capitalisation No capital is required Benefits Low incorporation cost Eligible to sponsor work and stay permit for foreign employees Nature Not allowed to perform any sales and purchase activities Allows up to 100% foreign ownership Ideal for liaising, promotional, and market survey activities Structure No shareholder or director required One chief executive is sufficient Capitalisation No capital is required Benefits Low incorporation cost Eligible to sponsor work and stay permit for foreign employees Can open a branch office in any part of Indonesia Nature Permitted to engage in large-scale construction projects within a joint operation with a Local PT Best suited for the larger global construction companies Structure No local shareholders are required Capitalisation No capital is required Benefits Low incorporation cost Allowed to work on a construction project in a joint operation with a Local PT without acquiring a construction license (SIUJK) Eligible to sponsor work and stay permit for foreign employee