Home Blog Can a PMA company keep non-Rupiah bookkeeping and use a language other than Indonesian? Business Setup | Company Registration Can a PMA company keep non-Rupiah bookkeeping and use a language other than Indonesian? InCorp Editorial Team 17 June 2025 1 minutes reading time Table of Contents For tax purposes in Indonesia, companies must maintain their books in Rupiah, using the Indonesian language, and store them within the country. Exceptions for using USD and English in bookkeeping require prior notification to the authorities and any use of languages other than Indonesian needs approval from the Ministry of Finance. Read Full Bio Verified by Ales Cina Consulting Manager at InCorp Indonesia Aleš manages solution delivery at InCorp Indonesia, optimizing incorporation processes and client relationships. His experience in internal auditing, retail, and sales offers valuable global insights. Aleš, with a degree in Economics and Finance from the Czech Republic, helps clients navigate cross-border business challenges, focusing on cultural and legal insights. Frequently Asked Questions How to conduct a company registration in Indonesia for a foreigner? A foreign-owned company (PT PMA) in Indonesia is a popular choice among foreigners to set up a business. Foreign investors must check Indonesia’s Positive Investment List to see which businesses are open to foreign direct investment. What if my product has been registered under a local distributor, and I decide to transfer the license to my company or another distributor? You can transfer the license if your local distributor agrees to change the product license holder. Can a foreigner form a CV? A foreigner is not allowed to form a CV in Indonesia What is the minimum shareholder requirement to incorporate a PT? The minimum number of shareholders to incorporate a PT is two Get in touch with us. 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Cekindo Business International (“InCorp Indonesia/ we”) for general purpose only and we make no representations or warranties of any kind. We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Indonesia or its appointed officials. We do not promote any official government document or services of the Government of the Republic of Indonesia, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website. More on Business Setup Indonesia’s Halal Industry: Redefining Traditions in Travel, Fashion, and Business Read more 3-hour Investment Licensing Service: A Breakthrough in Indonesia’s Economic Package Read more Why Indonesia is an Ideal Stage for UAE’s Investors for Doing Business Read more