How to start business in Indonesia
Indonesia is a rapidly developing country that opens up new opportunities for foreign entrepreneurs from all over the world every year.
It is very profitable to register a company here – consumption in the domestic market is growing every day and will continue to rapidly develop, as experts say. Many businessmen have already appreciated the loyal conditions for doing business, government support programs and numerous benefits (for example, the ability to reduce the tax rate).
PT PMA (Perseroan Terbatas Penanaman Modal Asing) — Foreign Capital Company — the most common type of legal entity, designed specifically for foreign investors wishing to do business in Indonesia.
Today, the most popular areas for successful business are:
- real estate;
- restaurant;
- tourism (travel agency, hotel segment);
- SPA-salon.
One of the main benefits from the Indonesian authorities when registering a company is the opening of an Investor Residence Permit (KITAS) for 2 years. The visa can be made for the position of CEO or commissioner. Thanks to this type of residence permit, spouses, children and parents can be brought to Indonesia. After the expiration of the visa, it can be extended for another 2 years.
You get the opportunity not only to work legally in the most comfortable conditions and receive high profits, but also to live in Indonesia with your family and friends without regularly crossing the border.
PT PMA is an legal entity allows you to hire foreign employees and have foreign participants in the structure – you have almost complete freedom of action.
The necessary conditions for company registration are:
- at least two foreign founders;
- genuine intentions to conduct business in Indonesia;
- permitted business classification;
- authorized capital of at least IDR 10,000,000,000.
To register a company, you do not need to be present in person, you can do everything online by proxy with the service “PT PMA package” from VISA PRO INDONESIA.
Our company will take care of all the paperwork and will help you legally enter the Indonesian market in a short time. Thanks to the individual approach to each client and the high qualifications of our managers, the process of opening a business will be simple, fast and calm for you.
Here is all that is required from you to apply for PT PMA:
— the company name in Latin letters of at least 3 words (you can offer several options, including in Indonesian);
— the direction of the desired type of activity;
— the work address (if any);
— the structure of directors and shareholders of the company;
— scans of the first pages of the passports of all founders.
Company Registration Fee (including government fee):
Standard process (7-10 working days): 25.000.000 IDR | 1650$
You can always consult with our specialists online, by phone or during a personal visit to our office in Bali.
Text us by Whatsapp +62 823-3738-5558