Indonesian Company Registration
Whether you are a local or foreigner looking to set up a company in Indonesia or an existing business owner who wishes to expand and register a new company in Indonesia, we’ve got you covered.
KICKSTART YOUR INDONESIA COMPANY REGISTRATION PROCESS
The requirements needed to set up a company in Indonesia varies according to the company type, however, here are the basic requirements that is needed for both public (Local PT) and private limited (PT PMA) companies.
- Company name & business activity
- 1 director
- 2 shareholders
- 1 commissioner
- Investment value
- Registered address
HOW TO REGISTER A COMPANY IN INDONESIA?
Now that you know the requirements to set up a company in Indonesia, see the step-by-step guide on registering your new company
Step 1) Get your company name reserved
Your company name needs to contain at least 3 different words, with 3 options for your company name in English, Indonesia, or both. Check and register your company name in Indonesia
Step 2) Check your Indonesia business activity code
Search your primary business activity to find your Code that is required by KBLI to complete your company registration.
Step 3) Submit all required incorporation documents digitally
Submit your documents online. All processes are done online – from form submission to signing of all documents. Our local specialists will handle the rest.
Step 4) Open a corporate bank account
Ensure proper keepsake of your company’s finances by opening a corporate bank account. For foreigners setting up a company in Indonesia, you can opt for offshore bank account opening so no travel into Indonesia is required
Step 5) Secure your Indonesia work visas
If you are a foreigner setting up a company in Indonesia, you will need to apply for a work visa to run your business operations. Applying for a work visa is complicated with the application of VITAS, ITAS, and KITAS
Step 6) Adhering to annual reporting & compliance
After you’ve incorporated your company, you are bounded by the governmental regulations. These include corporate secretary activities, corporate tax filing, auditing, and more. Leave all compliance work to us and never miss a deadline – penalties are involved if you miss!
COMPANY REGISTRATION FAQs
Starting a new company can be daunting – here are the top 5 questions regarding
Indonesia company registration that will clear your doubts!
The minimum investment amount is IDR 10 billion – however, this is a working figure that you have to work within 5 years and detailed in your investment plan. Do reach out to us to discuss this further.
The Positive Investment List in Indonesia outlines the industries that are open or closed to foreign investors. There are 245 industries that are open and for foreign investors to choose from.
There are many reasons for setting up a company in Indonesia from its free trade agreements, foreign ownership of land, growing middle class, huge population size, to investment incentives.
The overall incorporation and registration period for setting up an Indonesia company takes between 2-3 months.
Yes, foreigners can register a company in Indonesia. In most cases, they will opt for a PT PMA (private limited) company. However, there are some industries that are not open to foreign investments – this can be found in the Positive Investment List.
Find out more
Selecting the type of company, the people involved and the process for registraion is a complex and time consumming process. This is a particularly difficult operation to set up as it requires a great deal of thought to the future, the type of company ypu wish to set up, the business ypu will expect o be carrying out and a number of other issues that should be considered.
We highly recommend that you contact us to discuss your concepts and let us work together to develop the exact match for your requirements and the budget you are expecting to invest.
If you wish to follow through with your idea and would like to avail yourself of our expertise please contact us visa the form here.
Please use this form.
Please fill in all the fields and provide as much information as you can. In order for us to assist you we should have as clear an idea of what you expect and what we can advise as the best path to follow.
