Foreign Direct Company (Perusahaan Penanaman Modal Asing or “PMA Company”) is a type of company that exists in Indonesia, established under the laws of the Republic of Indonesia with and/or by foreign investors or foreign citizens who intend to conduct business activities in Indonesia. An Indonesian PMA company is any company with any percentage of foreign share ownership. PMA companies are established based on a defined business activity, that requires the approval of the Indonesian Investment Coordination Board (BPKM).
By establishing your business in the form of a PT PMA, Foreign Investors can start doing business in Indonesia and have the same rights and responsibilities as any other local company. Foreign investors may also participate in all tenders within Indonesia. Additionally, the founder of PMA Company (Foreign Investor) and all the foreign employees can apply for a work visa with the company as their sponsor.
A. OUR SERVICES
PT PMA Establishment
LEGALI is experienced in helping foreign investors establish PT PMA in Indonesia, obtaining all the permits needed by PT PMA to legally operate in Indonesia, and providing legal advice so that foreign investors can legally achieve their ambitions in Indonesia.
The documents obtained if a Foreign Investor establishes a PT PMA in Indonesia are as follows,
- Deed of Company Establishment (Akta Pendirian Perusahaan)
- Ministerial Letter of Approval of the Company Shareholders, Board of Directors, and Board of Commissioner from the Ministry of Law and Human Rights of Indonesia (SK Kemenkumham)
- Company Taxpayer Identification Number (NPWP)
- Business Identification Number (Nomor Induk Berusaha/NIB) – including Import and Export license
- Business License or Standard Certificate /Ijin Usaha atau Sertifikat Standar (if needed depending on the business field)
Complete Indonesian company establishment package for Foreign Direct Investment (PMA) including all foreign investment approvals, articles of incorporation, government registrations, local licensing, and tax numbers. 100% foreign-owned companies are now possible in many fields of business.
Fields of business activity open to full or partial foreign ownership can change from time to time, however, most business fields of interest to foreign investors are open. Consult with LEGALI for the business category that is right for your purposes.
Company Domicile Services (Office Space or Virtual Office Rent)
PT PMA requires an office to be able to operate in Indonesia, there are several types of business activities in Indonesia that are required to have a physical office (office space) and there are business activities that can use a virtual office to carry out their business activities. In addition to helping foreign investors establish PT PMA, we can also help provide office space and virtual offices for the PT PMA to operate. We are spread in various locations in Indonesia, Foreign Investors can choose the location of their desired business field and we will help provide.
LEGALI provides company domicile services all around Indonesia, with an address in the center of the city, starting from just IDR 15,000,000/year.
B. TIME FRAME AND RATE FEE
The time frame and rate fee for our legal services are as follows,
| OUR LEGAL SERVICES | TIME FRAME (WORKING DAYS) | RATE FEE (IDR) |
| PMA Establishment (Include Legal Advice and Lawyer Fees for obtaining all the required licenses to operate the PT PMA) | 20 | 35.000.000 |
| Notary Fee for Deed of PT PMA Establishment | 5 | 10.000.000 |
| Virtual Office (for 1 Year) (if permitted by applicable law in Indonesia, call us for the Office Space (if the PMA Company is not permitted to use Virtual Office) | 5 | 15.000.000 |
| TOTAL | 30 (maximum) | 60.000.000 (Sixty Million Rupiah) |
* The entire process usually takes less than 30 days.
Fee includes:
Investment Permit – Document research, review & preparation, investment approval permit.
Company Incorporation – Preparation of Articles of Incorporation, Deed of Establishment.
Operating Licenses and Other Permits – Domicile Certificate, NPWP-Tax Number/s, Company Registration, document submission, and follow-up. Note: Additional fees for the payment of local licenses and permits may be required for areas outside of Jakarta, Bali, or Batam. You will be made aware of these costs before we proceed with your company.
C. LIST OF REQUIRED DOCUMENTS
- Minimum 2 (two) shareholders;
- Identity and contact details of Company Shareholders:
- For Indonesian Individuals, KTP and NPWP;
- For Foreign Individuals, a valid passport;
- For Indonesian Companies, a copy of the Article of Establishment and the amendments and the Approval from the Ministry of Law and Human Rights, a Domicile Letter, Tax ID, and Business License;
- For Foreign Companies/entities, a copy of the Article of Association in English or its translation in Bahasa Indonesia from a sworn translator, a Scan Copy of the Passport Director, Detail Address of the Company;
- Identity and contact details of Company Directors and Commissioner:
- For Indonesian individuals, KTP, NPWP, email, and phone number.
- For Foreign Individuals, a valid passport, email, and phone number.
Notes
- The investment plan for Capital is a Minimum of IDR 10 (ten) Billion (around USD 800,000) with IDR 2,5 (two points five) Billion Rupiah prepaid capital; and
- Director and Commissioner can be foreigners with one Indonesian Director.
Note: LEGALI is prepared to take over partially completed Indonesian company establishment processes, in most cases if you have difficulty establishing a company with your agency. Please don’t hesitate to reach out if you find yourself in this situation.
This is only a guide from LEGALI and not legal advice because we have not been appointed as your Lawyer. This document is only valid at the time this document is submitted to you. We are not responsible for changes to regulations governing that impact this guide so this guide is no longer relevant.
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