InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
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Get assistance from experts with a decade of experience in assisting international business owners expanding into Indonesia.
Avoid any bureaucratic complexity when closing your company by engaging with our experienced legal advisors.
What type of legal entities should you choose to register a company in Indonesia? We can assist you in choosing which is the best one to grow your business.
To help businesses survive during this unfortunate time, InCorp provides corporate recovery in Indonesia and insolvency services.
Granting an environmental permit in Indonesia needs an Environmental Impact Analysis (AMDAL) in advance.
Obtaining property & land ownership in Indonesia offers some challenges for foreigners. However, buying property in Indonesia is attainable with specific resources and documents.
Recent regulatory changes have a knock-on effect on Indonesia's Merger & Acquisition landscape. Check on how we can navigate you through your M&A in Indonesia.
InCorp provides Virtual Office services Indonesia in various locations: Jakarta, Bali, Semarang, Surabaya, and Batam.
Applying for a B3 waste permit in Indonesia is important to ensure your business aligns with government regulations.
Business process outsourcing in Indonesia is a viable option to streamline bureaucratic complexities that hurdle your business expansion objectives.
InCorp offers a complete range of accounting service Indonesia, from tax reporting to auditing.
With professional financial audit services from InCorp, you can ensure all accounting activities are accurately recorded and compliant with Indonesian regulations.
Using an Employer of Record service to set your roots in Indonesia opens the doors to new opportunities in the country.
Financial and Operational Resilience services from InCorp are developed to support businesses and help them survive during this difficult time.
Payroll services in Indonesia are a practical solution to avoid unnecessary complexities while you focus on growing your business.
Using a recruitment agency in Indonesia will help you hire the best candidates for your company, saving you time and money.
Tax consulting in Indonesia are the shortcuts to fulfill the administrative obligations with high accuracy and in a timely manner.
The Indonesian government promotes tax holidays as one of the fiscal incentives to attract major foreign direct investment in Indonesia.
Operating businesses in Indonesia, entrepreneurs must comply with the regulations accordingly, especially concerning taxes.
Our expert consultants on tax reporting services in Indonesia ensure prompt fulfillment of administrative obligations with utmost accuracy.
Streamline your global business operations with a Global Mobility Service as one complete solution from InCorp Indonesia.
Immigration in Indonesia is one of the strictest and most complex processes due to its ever-changing regulations. InCorp provides a seamless experience in obtaining your stay and work permits.
Avoid any hassles by engaging with an experienced visa agent in Indonesia.
A dependent visa Indonesia is a document that allows foreigners to bring their family while settling down in the country.
Investor KITAS Indonesia is a stay permit that offers many benefits to investors that invest in the country.
Overseas Visas are required for Indonesians who are planning to stay abroad for an extended period of time.
KITAP is a permanent stay visa for foreigners who have intentions to stay in Indonesia.
Foreign retirees often find their plans stuck due to the complex visa application process. InCorp helps expedite the process.
Obtaining a social visa is daunting if you are not familiar with the countrys complex bureaucratic processes. Consult with us for a seamless Indonesian visa application experience.
Foreigners married to an Indonesian citizen are eligible for a spouse-sponsored KITAS.
Learn how to obtain an Indonesian tourist visa seamlessly and securely, directly from a trusted visa and travel agent.
Get assistance from a trusted visa agent in Indonesia to make your traveling plan to Indonesia even more convenient.
Expedite your Indonesian work permit application process by engaging with a trusted visa agent.
If you’re a member of the Indonesian diaspora and have lost your citizenship, you can get a diaspora visa to return home more quickly. InCorp Indonesia can help you take full advantage of this benefit.
All imported goods must obtain permission granted by specific governing bodies prior to entering the local market.
Learn more about the cosmetic product registration services in Indonesia.
Learn more about exporting goods to Indonesia.
Learn more about the food & beverage product registration services in Indonesia
Learn how to go through halal certification in Indonesia directly from experts successfully.
Learn more about the health supplement product registration services in Indonesia.
Learn more about the household product registration services in Indonesia.
Learn more about importing goods from Indonesia
An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner.
Learn more about the medical device registration services in Indonesia.
Learn more about the SNI registration services in Indonesia.
Register a trademark is necessary to avoid legal issues in the future. InCorp can help you with Trademark Registration services in Indonesia.
Compliance is one of the most challenging parts of business overseas, especially in a country packed with complex bureaucratic processes such as Indonesia.
Updating business documents to align with your company’s growth can be a hassle.
Due Diligence services are needed to assess the credibility of the company or partner you wish to work with or acquire in Indonesia
From Company Regulations to Employment Agreement Drafting, Employment law services from InCorp will help you to compliance with employment policy in Indonesia.
InCorp’s legal consultation services in Indonesia are crafted to help your business settle and fully comply with the latest regulations.
Organizations must continuously evolve and transform to remain competitive and relevant in todays global environment ...
Companies face many opportunities and challenges as a result of a changing market and regulatory landscape ...
Adopting Environmental, Social, and Corporate Governance (ESG) practices can improve your company’s value ...
Risk Management services from InCorp Indonesia can assist companies in building confidence when making future business decisions ...
Transfer Pricing in Indonesia occurs when a company performs an internal transaction within the same business group or its subsidiaries
InCorp's transfer pricing advisory services in Indonesia are marked by the objective to support our clients' business needs.
Our transfer pricing services provide you with a hassle-free experience while still complying with the legal aspects of transfer pricing in Indonesia.
As the market-entry consulting firm in Indonesia, InCorp provides a wide range of customized solutions to ease the business incorporation process.
Both natural and legal persons are entitled to open a bank account in Indonesia. Find out how to open a bank account in Indonesia, here.
InCorp can help you find a trusted Buying Agent Indonesia for product sourcing in Indonesia. Contact us now for a free consultation.
IMEI Registration in Indonesia is necessary to ensure telecommunication devices from abroad can function properly in Indonesia.
With offices in Jakarta, Bali, Semarang, SUrabaya, and Batam, InCorp is ready to assist you as a local partner and distributor in Indonesia.
InCorp can help you to select the trusted local partners to import and distribute your products in Indonesia.
Improve your business by knowing the market conditions in Indonesia through market research services in Indonesia.
InCorp can help you gain information about your competitor's product through mystery shopping.
Not only should every entrepreneur have the grit and energy to start a new venture through a business setup in Indonesia, but they should also meticulously consider several factors and be constantly informed to pursue a business idea.
With the correct information, only you can spin your brilliant idea into an enterprise that will eventually bring sustainable profit through Indonesia business opportunities. You will first have to consider the type of legal entity for your business and the shareholder requirement for each entity.
How many shareholders do you need for company incorporation in Indonesia? It depends on the business structure that you choose. A foreign-owned company, or a PT PMA, is one of the legal entities in Indonesia that require shareholders.
So, if you plan to start a PT PMA in the country and start your Indonesia foreign investment, you will need at least two shareholders. Your PT PMA’s shareholders can be corporate entities, individuals (locals or foreigners), or a combination of both.
If foreign nationals fully own your PT PMA, the foreign owners must sell a minimum of 5% shares to an Indonesian citizen or legal entity in the country. Furthermore, a public company has the most rigorous requirement compared to the PT and PMA: it needs at least 300 shareholders.
To establish a foreign-owned company, known as a “Penanaman Modal Asing” (PT PMA) in Indonesia, there are specific capital requirements to be met:
The minimum capital requirement for a PT PMA varies depending on the business sector. Typically, it ranges from IDR 10 billion to IDR 2.5 billion, with some exceptions. It is essential to check the specific capital requirement for your chosen business sector.
A significant portion of the minimum capital must be paid when registering the company. The exact amount will depend on the business sector and the regulations.
The capital must be proven through bank statements or other financial documentation during the company registration.
Foreign investors must also submit an investment plan outlining how to use the capital in their business activities.
It’s important to note that these regulations and minimum capital requirements are subject to change, so it is advisable to consult with legal and financial experts or the Indonesia Investment Coordinating Board (BKPM) for the most up-to-date and sector-specific information before establishing a foreign-owned company in Indonesia.
Read more: A Comprehensive Guide to Starting a Hospitality Business in Indonesia
The shareholder requirement in terms of its number does not apply to every entity in Indonesia. You don’t need any shareholders if you are running a business with sole proprietorships or civil partnerships. Business owners set up a sole proprietorship to fully control the company and prevent others from owning the company’s shares. As a result, shareholders are not necessary for this type of structure.
Civil partnerships can be divided into limited blocks (CVs) and firms. Both of them do not need any shareholders either. Partners in a civil partnership have their own active or passive roles to play in the company, and that’s why shareholders are not required.
Here are some essential distinctions between PT and PT PMA that you should be familiar with before deciding to incorporate your company in Indonesia.
Here are the main characteristics of a PT in Indonesia:
Find out more: Top 5 Mistakes to Avoid When Forming a Business Partnership in Indonesia
A foreign-owned company in Indonesia has the following distinctions compared to a PT:
Foreign-owned company partnerships in Indonesia are subject to specific limitations and regulations to protect national interests and encourage economic growth. Here are the key points you should know:
Specific business sectors are reserved for Indonesian ownership. These are known as “Negative Investment List” sectors, and foreign investors may face limitations or require special permits to participate in them.
Foreign investors must coordinate their investments with the Indonesia Investment Coordinating Board (BKPM). This involves obtaining the necessary permits and licenses.
The foreign ownership limit in most sectors is typically 67%, with the remaining 33% reserved for Indonesian ownership. However, this can vary depending on the industry and specific regulations.
Foreign-owned companies may face restrictions on owning land. In some cases, they can only lease land, while Indonesian entities can own it.
Foreign-owned companies must adhere to Indonesian regulations and acquire the necessary business licenses and permits to operate legally.
Read more: What Should You Discuss with Your Legal Consultant Regarding Your Business in Indonesia
You must take several necessary steps if considering company incorporation in Indonesia. It is prudent to partner with a professional provider with local expertise to ensure your business complies with every step of your business venture.
InCorp offers tailored business solutions for your company incorporation in Indonesia, including legal and financial consultancy. Our highly qualified team provides expert support from global and local perspectives to ensure a smooth incorporation process.
Contact InCorp now, and we’ll help you construct the best strategy to capitalize on your market opportunities in Indonesia. Fill in the form below.
An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Disclaimer: The information is provided by PT. 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.