To secure investment in Indonesia it is essential to register your business. Either as a local or wholly foreign owned entity. We’ll walk you through this complex exercise.
Indonesian Company Registration - reliability and Discretion.
Planning an investment strategy for Indeonsia takes time and planning. It also means it is essential to understand the opportunities available and the essential differences. It is also crucial that you understand the legal ramification of your choice of corporate entity.
Gateway prides itself in the expertise it has in this very complex area. We will guide you through all the ins and outs to ensure you have exactly the vehicle you require and that your legal position is secure.
Choose Carefully
Your investment depends on it.
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 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.
APOSTILLE SERVICE
It is important to understand that many of your documents may need to be apostilled or legalised to complete the process. Your personal Advisor will inform you about this procedure.
You can find out more here at our Associate company Apostille Indonesia
