Setting Up a Foreign-Owned Company in Indonesia: A Comprehensive Guide

Indonesia, with its vast market and growing economy, offers lucrative opportunities for foreign investors. If you're considering expanding your business into Indonesia, setting up a Foreign-Owned Company (PMA) is a strategic move.However, navigating the regulatory landscape can be complex.

Understanding Foreign-Owned Companies (PMAs) in Indonesia

A PMA is a company established and owned, either wholly or partially, by foreign investors in Indonesia. This legal structure provides foreign businesses with the opportunity to operate directly in the Indonesian market.

Requirements for Establishing a PMA

To establish a PMA in Indonesia, you will need to meet several requirements, including:

• Passport and Visa: Foreign investors must possess a valid passport and the appropriate visa for business activities.

• Company Articles of Association: A legal document outlining the company's objectives, structure, and operations.

• Business Identification Number (NIB): A unique identification number for every business entity.

• Company Registration Certificate (TDP): Proof of company registration.

• Taxpayer Identification Number (NPWP): Required for tax purposes.

• Specific Business Licenses: Depending on the nature of your business, you may need additional licenses or permits.

Procedures for Establishing a PMA

1. Consultation: Consult with a business consultant like Dana Consultants to understand the specific requirements for your business.

2. Document Preparation: Prepare all necessary documents, including the Articles of Association and other required permits.

3. Company Registration: Submit your application for company registration through the Online Single Submission (OSS) system.

4. Notarization of Articles of Association: The Articles of Association must be notarized and legalized by the Ministry of Law and Human Rights.

• Issuance of NIB and TDP: Once the Articles of Association are legalized, the NIB and TDP will be issued.

• Other Permits: Obtain any additional licenses or permits required for your specific business activities.

Costs Involved in Setting Up a PMA

The cost of establishing a PMA in Indonesia varies depending on several factors, including:

• Type of Business: The scale and complexity of your business will influence the costs.

• Company Structure: The corporate structure you choose will impact the fees involved.

• Notary Fees: Fees for notarizing the Articles of Association.

• Government Fees: Fees for registration and obtaining permits.

• Consultant Fees: Fees for hiring a business consultant.

Why Choose Dana Consultants?

Dana Consultants is your trusted partner in establishing a successful PMA in Indonesia. Our services include:

• Business Consultation: We provide tailored advice to help you choose the most suitable business structure.

• Document Preparation: We assist in preparing all necessary documents.

• Company Registration: We handle the entire company registration process efficiently.

• Licensing: We help you obtain the required licenses and permits.

• Accounting and Tax Services: We provide comprehensive accounting and tax services to ensure your business is compliant.

Don't hesitate to contact us for a free consultation.

Contact:

• WhatsApp: +62 8112742314

• Email: askcfo@dana-consultants.com

With our expertise, we can help you navigate the complexities of setting up a PMA in Indonesia and ensure your business is on the path to success.