Posted 11.11. 2016 by Cekindo / Last update on 3.12. 2018
When you are planning to expand your business to Indonesia, you might need a clear overview to guide you on running the business in this country. You can see the summary of our services in the table below to help you find which solution might fit the best for your business.
| Services Duration | Local Company (PT) | Foreign Owned Company (PMA) | Representative Office | Local Nominee | Shelf Company |
| BUSINESS SET UP | |||||
| Company Registration | 2,5 Months | 2,5 Months | 2 Months | 2 Months | 1 Week |
| Trademark | 24 – 34 Months | 24 – 34 Months | – | 24 – 34 Months | 24 – 34 Months |
| Closing Company | 8 – 12 Months | 8-12 Months | 3 Months | 8-12 Months | 8-12 Months |
| Business & Import Licenses | 1 Month | 1 Month | N/A | 1 Month | 1 Month |
| Product Registration | Depends on Product Type | Depends on Product Type | N/A | Depends on Product Type | Depends on Product Type |
| Market Research & Analysis | Depends on Scope of Work | Depends on Scope of Work | Depends on Scope of Work | Depends on Scope of Work | Depends on Scope of Work |
| Local Partner Selection | 2 Months | 2 Months | 2 Months | 2 Months | 2 Months |
| Trade Mission | 1-2 Months | 1-2 Months | 1-2 Months | 1-2 Months | 1-2 Months |
| BUSINESS PROCESS OUTSOURCING | |||||
| Recruitment & HR Establishment | 1 Month | 1 Month | 1 Month | 1 Month | 1 Month |
| Payroll Processing | Monthly and Minimum 1 Year | Monthly and Minimum 1 Year | Monthly and Minimum 1 Year | Monthly and Minimum 1 Year | Monthly and Minimum 1 Year |
| Accounting & Tax Reporting | Monthly/Annual | Monthly/Annual | Monthly/Annual | Monthly/Annual | Monthly/Annual |
| Audit & Review | Depends on Scope of Work | Depends on Scope of Work | Review Once a Year | Depends on Scope of Work | Depends on Scope of Work |
| Business Visa & Work Permit | 7 Working Days (Business); 2,5 months (work permit) | 7 Working days (business); 2,5 months (work permit) | 7 Working days (business); 2,5 months (work permit) | 7 Working days (business); 2,5 months (work permit) | 7 Working days (business); 2,5 months (work permit) |
| Retirement & Other Visa in Indonesia | 2 Months | 2 Months | 2 Months | 2 Months | 2 Months |
| LOCAL PRESENTATION | |||||
| Project Management & Coordination | Depends on Scope of Work | Depends on Scope of Work | Depends on Scope of Work | Depends on Scope of Work | Depends on Scope of Work |
| Local Distributor & Partner | 2 Months | 2 Months | 2 Months | 2 Months | 2 Months |
| Buying Agent | 1 Month | 1 Month | 1 Month | 1 Month | 1 Month |
| Virtual & Serviced Office | 1 Day | 1 Day | 1 Day | 1 Day | 1 Day |
| Mystery Shopping | 6 Weeks | 6 Weeks | 6 Weeks | 6 Weeks | 6 Weeks |
| Summary of Service | Local Company (PT) | Foreign Owned Company (PMA) | Representative Office |
| Is it legal for tax exempt if properly structured? | Yes | Yes | Yes |
| You need a local Indonesian citizen as a sponsor? | Yes | Depends on NIL (Negative Investment List) | No |
| Must appoint an Indonesian resident as bank signatory? | Yes | No | No |
| Security deposit to be kept with government? | No | No | No |
| Client must travel to Indonesia? | No | No | N0 |
| COMPANY REGISTRATION | |||
| Resident director / manager required? | Yes | Yes | Yes |
|
Resident shareholder / partners required? |
Yes | Depends on NIL (Negative Investment List) | No |
| Government foreign investor approval required? | No | No | No |
| Shelf companies available? | Yes | Yes | No |
| Can have preference shareholders? | Yes | Yes | No |
| ACCOUNTING AND TAX CONSIDERATIONS | |||
| Statutory coporation tax payable? | Yes | Yes | Yes |
| Must file annual Indonesia tax return? | Yes | Yes | Yes |
| Must file annual financial statements? | No | No | No |
| Must appoint an auditor? | No | No | No |
| Access to double taxation treaties? | |||
| BUSINESS CONSIDERATION | |||
| Can invoice local customers in your company name? | Yes | Yes | Yes |
| Can hire local staff in your company name? | |||
| Can rent local office space in your company name? | No | No | No |
| Residence visa for business owner? | Yes | Yes | Yes |
| Good entity for trademark registration? | Yes | Yes | Yes |
Overall Cekindo’s services enable customers and partners to reduce the problem and giving the solution and optimize solution performance based on customers’ unique business needs.
Please send your question by filling in this form below. Our consulting team will quickly answer you via E-mail. You can visit our office to know more details about our services.
