Establishing a Foreign Investment Company (PMA) in Indonesia is a strategic move for businesses looking to tap into one of Southeast Asia's largest and fastest-growing markets. A PMA (Penanaman Modal Asing) allows foreign investors to operate a fully-fledged business in Indonesia, providing access to a wide array of opportunities across various sectors.
What is a PMA? A PMA is a business entity in Indonesia where foreign investors can own up to 100% of the shares, depending on the industry. This structure enables international businesses to establish a local presence, engage in commercial activities, and benefit from Indonesia's dynamic economy.
Our Service?
At Bali Visa Agent, we specialize in assisting foreign investors with the establishment and management of their PMA in Indonesia. Our services include:
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- Legal Consultation: Expert advice on Indonesian investment regulations and business setup.
- Company Registration: End-to-end assistance with the registration process and obtaining necessary licenses.
- Compliance Management: Ensuring your PMA remains compliant with Indonesian laws and regulations.
- Business Support: Ongoing support for business operations, including tax, accounting, and HR services.
Benefits of Setting Up a PMA:
- Ownership Flexibility: Depending on the business sector, foreign investors can hold a majority or even 100% ownership of the company.
- Market Access: A PMA allows companies to directly engage with Indonesia’s large consumer base and participate in government projects.
- Legal Protection: A PMA is recognized as a legal entity in Indonesia, offering protection under Indonesian law for foreign investments.
- Operational Freedom: PMAs have the same operational rights as local companies, including the ability to hire employees, sign contracts, and own assets.
Processing :
Step 1 – Approval of Company Name. It should consist of three words that are not vulgar or obscene.
Step 2 – Deed of Incorporation. It should include an Article of Association, and a notary must be present.
Step 3 – Approval of Legal Entity. After submission of Deed of Incorporation by the notary, the Ministry of Law and Human Rights will give approval.
Step 4 – Registration of Tax ID (NPWP). A valid NPWP is required for securing other company’s licenses, banking activities, and fulfilling tax obligations.
Step 5 – Domicile Letter. Required to show the location of your business.
Step 6 – Application of NIB. Alongside NIB, Business License(s) and Location Permit will also be granted one day following the registration via Online Single Submision (OSS).
Step 7 – Application of Other Licenses. Depending on the business sector, additional licenses such as commercial license and tourism license may be required before operation.
