changing company address when doing business in indonesia

How Can You Change Your Company Address in Indonesia?

  • InCorp Editorial Team
  • 19 May 2020
  • 4 minutes reading time

Many things can change when you are doing, running and growing your business in Indonesia, in order to fit the current market trend or organisational circumstances.

Therefore, this is when you will also need to introduce some changes to your company. These changes can be as simple as setting up a new office or upgrading a piece of old equipment to a new one. It can also be as complex as share transfer, increase or decrease of share capital and company address change.

Today, Cekindo will bring you with us to take a look at an important change – company address change. Most of the time, company address change may be avoidable if you are clear about your business location, activities and shareholders at the very beginning.

That’s why we always emphasise the importance of acquiring the essential knowledge from a professional business consultant before acting too soon to set up a new business.

However, if the company address change is inevitable, the following things we are going to talk about are what you need to take note of.

 Infographic - How Can You Change Your Company Address in Indonesia?

Can You Change Your Company Address in Indonesia?

Changing your company address is allowed when doing business in Indonesia. There is a caveat, though.

You will also need to change or revise every document that is associated with your company address, from business cards to office stationeries, business licenses to the article of association, among many others.

In general, the relevant documents that require amendment or adjustment due to the change of company address include the following:

  • Domicile letter (SKDP)
  • Articles of Association upon the agreement of shareholders at the GMS
  • Stakeholder structure (directors, commissioners, shareholders)
  • Company’s capital
  • BKPM (The Investment Coordinating Board) licenses for the foreign-owned company (PT PMA)
  • Company registration certificate (TDP)
  • Documents of tax identification such as tax identification number (NPWP), tax registration certificate (SKT) and taxable entrepreneur (PKP)
  • Other permits and business licenses in regard to your business activities such as trading and import licenses (API-U and API-P)

 

There are two options when you wish to change your company address in Indonesia:

  • Company address change to a different district
  • Company address change within the same district

 

Therefore, depending on whether you change your company address to another city or within the same district, the revision timeline for each of the relevant documents is different.

If your company stays in the same district, the document revision process may take about one month; if your company moves to another district, the same process may take approximately two months.

What Should You Prepare?

If your company moves to a place within the same building, same location or same district, you will need to submit a new domicile letter to the local tax office.

If your company moves to a different district, first of all, you should close your local tax account and open a new one at the tax office in the new district.

Take note that if your business is located in Jakarta, the process may be slightly different as a domicile letter is no longer required. Contact our business incorporation specialist for further details.

How Cekindo can Assist You in Doing Business in Indonesia

Cekindo is a well-thought-of business consultant entrusted to set and drive the business environment in Indonesia by helping aspiring investors and businesses to do business in Indonesia effectively.

We support the economic transformation of Indonesia into a prospering, diversified economy that aims to accelerate the productivity growth of the individual, company and the entire country.

Our vision as a business and legal consultant is to contribute to Indonesia’s remarkable reputation as a global business hub, through developing international relations, maintaining international standards, creating business and employment, and boosting economic development.

If you are still unclear about how to go about starting your business or changing your company address in Indonesia, you’re encouraged to talk to us for further information.

Fill in the form below today and one of our experts will be in touch with you shortly.

Daris Salam

COO Indonesia at InCorp Indonesia

With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships.

Get in touch with us.

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Frequent Asked Questions

As their names suggest, the main differences between the three business kinds in Indonesia lie in the businesses and the purpose of their incorporation. Local company owners (PT) must be Indonesian citizens, as even 1 percent of foreign ownership is not allowed. This type of company is not limited to entering any business field, and restrictions on incorporation are not so tight. On the contrary, a foreign-owned company (PT PMA) is open to international investors, but the maximal percentage of foreign shares differs in various business sectors. Contact InCorp to get the most updated information on the Negative Investment List. International investors tend to open representative offices as a first step to understanding the Indonesian market before setting up a limited liability company. This type is used for marketing and promotion activities and needs the right to sell directly and receive income.

There are three things business owners need to consider before setting up a business in Indonesia: the type of business entity, capital requirements, and regulations.

Indonesian regulations separate local companies from foreign companies. Generally, foreign-owned companies (PT PMA) have more limitations than their local counterparts (Local PT). However, to pursue more foreign direct investment in the country, the government has taken several bold initiatives to increase the ease of doing business and provide numerous attractive incentives for foreign investors.

Yes, this mainly applies to import and export businesses. Instead of establishing a company, you can use an under-name import service, an importer of record.

It should take between 30 to 45 days.