Invest in Bali: Hospitality Sector
Bali will always be loaded with tourists from all over the world, thanks to the lush natural landscapes throughout, vibrant and dynamic atmosphere as well as rich culture and tradition. Starting a business in Bali, particularly in the hospitality sector, then, makes perfect sense.
Various dining options that include restaurants and cafes, accommodation options such as hotels and villas and other recreational and wellness activities like diving, fitness and spa are in high demand in Bali. Be part of Southeast Asia’s largest economy by investing in one of its most profitable sectors: hospitality. Enjoy the best of both worlds as you are living a heavenly life and making a steady profit.
Villas & Hotels
Bali Tourism Board reported that in 2018 alone, there were approximately 6.5 million tourists coming to Bali for various purposes. This staggering number of tourists contributed to the rising demand of villa rentals, hotels and other types of accommodation in Bali. Some tourists prefer to stay in luxurious hotel rooms, whereas some others prefer to indulge in a pleasant stay in either a guesthouse or an Airbnb villa to get the taste of Bali’s authentic style of living.
If you are one of the investors who plan to gain handsome profits from running an accommodation business, be it a villa, a guesthouse or a hotel, you have come to the right place. Learn How to Rent out Your Airbnb Villa Legally or How to Set up An Accommodation Business in Bali now.
Cafe & Restaurant
Setting up a culinary business on the island is actually quite simple, if you are familiar with all the regulations and satisfy all the requirements. Find out what you need to prepare to be able to open a coffee shop or a restaurant in Bali through our articles Your Guide to Opening a Coffee Shop and A Simple Guide to Starting a Restaurant Business.
Explore the available business opportunities in tourism sector. You may be interested in knowing How to Set up a Diving Business or How to Start a Tour and Travel Agency in Bali.
Before starting a wellness business in Bali, there are requirements to be met and regulations to be complied with. Learn more about How to Set up a Spa Business and How to Get Your Fitness Business Started in Bali now.
Company Registration in Bali
Start penetrating the market through company registration that can be done in three ways: the establishment of a local company (PT), a foreign-owned company (PT PMA) or a representative office.
PT PMA can be fully owned by foreign investors. However, some business sectors are restricted for 100% foreign ownership. The establishment of PT PMA allows the provision of visa sponsorhip and employment of foreign workers.
Local PT allows only 100% local ownership but does not restrict certain business sectors. Two possible ways for foreigners to set up a local PT: Special Purpose Agreement and shelf company (for quick incorporation).
Representative Office is mainly used to test the water before incorporating either PT PMA or Local PT. Representative Office allows only marketing-related activities. Profits-generating activities are strictly prohibited.