What responsibilities does a PMA company have in terms of non-tax compliance?

  • InCorp Editorial Team
  • 17 June 2025
  • 1 minutes reading time

In Indonesia, a PMA company is typically required to submit various reports to relevant authorities, such as:

  • Annual financial report
  • Investment realisation report
  • Manpower and employee welfare report
  • Expatriate utilisation report
  • Company loan repot
  • Foreign exchange and prudential principles report

However, depending on the business activities and classification relevant authority may require additional reports from a PMA company.

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

    Yes, in a foreign-owned (PT PMA) company, a foreigner can be a director or a commissioner

    Shareholders must appoint a liquidator during the shareholders’ meeting approving liquidation. If no liquidator is appointed, the Board of Directors assumes the role. Creditors can submit claims within two years of the liquidation announcement, provided there are proceeds available. If proceeds have been distributed, shareholders must return them proportionally to settle creditor claims. Whereas employee termination packages vary based on employee status, service years, and reason for liquidation.

    Dividends can be distributed from company net profits after allocating reserves, depending on a positive profit balance. Approval from the general meeting of shareholders is necessary. Interim dividends may be distributed if specific requirements are met.

    You can transfer the license if your local distributor agrees to change the product license holder.

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