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Foreign-Owned Company Establishment (PMA) - Jakarta, Bali, Batam

$1,900 $1,000

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Foreign-Owned Company Establishment (PMA) – Jakarta, Bali, Batam

$1,900 $1,000

Complete Indonesian foreign-owned company (PMA) including all foreign investment approvals, articles of incorporation, government registrations, local licensing, and tax numbers.

Scope of work has covered below:

  1. Register company name with the Ministry of Law and Human Rights.
  2. Notarize Article of Association (AKTA Perusahaan).
  3. Ratify the Deed of Establishment or Corporate Legal Entity (SK Kemenkumham) with the Ministry of Law and Human Rights.
  4. Obtain company Tax Payer Registration Number (Tax ID or NPWP) with the local tax authority.
  5. Obtain Single Business ID Number (NIB) from Online Single Submission (OSS).
  6. Obtain the other business licenses (if the business classification requires another license) via Online Single Submission (OSS) such as Commercial License for specific business classifications.
  7. Register for the other respective commitments for employee requirements via Online Single Submission (OSS) such as national social security insurance (BPJS) and Employment Report (WLK).

Estimated Delivery Time: 1 – 1.5 months

Description

Setting up a Foreign-Owner Company (PMA):

  • A foreign-owned company or Perseroan Terbatas Penanaman Modal Asing (PT PMA) is the common way for foreign investors to operate a company in Indonesia. It’s roughly similar to a Limited Liability Company in structure and function.
  • A foreign-owned company (PT PMA) does not need to have a local shareholder if their industry is not mentioned in the Negative Investment List, which means that 100% of the capital can be owned by foreigners.
  • If their industry is listed in the Negative Investment List, there will be a special rule where the foreign-owned company (PT PMA) must have a specified percentage of local Indonesian shareholders.
  • Therefore, for specific restrictions, a foreign-owned company (PT PMA) needs to be a joint venture with Indonesian citizens or Indonesian legal entities to be able to run their businesses in Indonesia.
  • Regarding the business location, foreign companies are allowed to use virtual offices or physical space in a registered office building as their business address.

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