Applying for Your Business Registration Number
You need a Deed of Establishment as part of the Indonesian company incorporation process. This must be approved by the Indonesian Ministry of Law (MOL). You must provide the identity documents of all shareholders, commissioners and directors involved. If your shareholder is a company, you must provide a Deed of Establishment.
PT PMA companies must have issued and paid-up capital of at least IDR2,500,000,000 and plan a total investment of more than IDR10,000,000,000 (excluding land and buildings) per business line per project location (BKPM Regulation No. 5 of 2025). To prove to the relevant authorities that you have paid, you will need to:
- Deposit in the company’s bank account; or
- Provide a Capital Statement Letter stating that shareholders have provided the required funds, signed by all shareholders, directors, and the commissioner.
The Articles of Association
All shareholders must sign this document. The signing must be in the presence of a notary public. If any shareholder can’t sign in the presence of a notary, the shareholder can appoint a power of attorney. The power of attorney will act on their behalf.
The notary public will then hand over the documents to MOL. Once approved, you will be issued a Deed of Establishment. If you amend anything in your Articles of Association after the MOL approval, you must prepare a Deed of Amendment. You will need to engage the notary public’s services again to prepare the deed.
Choosing Your Business Name
Registration of a company in Indonesia involves certain formalities like your business name, for example. In Indonesia, a business name must be in Roman letters and not be similar to an existing name being used by another company.
Your business name must not be contrary to public morality and order. It cannot be like any government, international or state bodies either. That is, unless it has permission to do so.
The business name can’t have a series of letters or numbers that don’t form a proper word. Every business name must have at least three words. For PT PMA’s, business names can be in English. You may refer to Guide to Select your Indonesia Company Name for more information.
What Happens After the Indonesian Company Incorporation?
You’re almost ready at this point to start your business. Upon completion of your Indonesia company set-up, you can commence the following activities:
- Open your bank account
- Hire your employees
- Buy property and assets
- Participate in tenders
- Get permits for foreign employees
- Get business licenses where needed
- Report quarterly to BKPM about your PT PMA investments
Advantages of a PT PMA Company Formation
A PT PMA lets you own 100% of the company as a foreigner. Depending on your industry, ownership can range from 0% to 100%. You will need at least 2 shareholders to establish this entity.
The Online Single Submission System (OSS) is run by the Ministry of Investment and Downstreaming/BKPM. This is per Government Regulation No. 28 of 2025 on Risk-Based Business Licensing. All your licensing requirements must be conducted via the OSS.
Licenses are processed faster than before through this system. If you’re in specific industries, such as hotels and restaurants, you will need a special permit to operate.
Foreign investors choose PT PMA as their preferred choice for Indonesia company incorporation for several reasons:
- You can start doing business legally almost immediately.
- You will have the same responsibilities and rights as other companies locally.
- You can participate in all Indonesian tenders as long as you meet the tender requirements.
- You can apply for product registration and business licenses.
- You can hire foreign employees by applying for a KITAS work visa in your company’s name.
- Your foreign visitors and clients can get a business visa sponsored by your company.
You will need to complete your Indonesian company set-up before you can open a bank account. To open one, you need to submit a notary statement letter indicating the amount to be transferred to an incorporated company.
Package Fees for Indonesia Company Incorporation / Indonesia Subsidiary Incorporation / PT PMA / Local Company (PT)
@ For clients who engage our Local Resident Director Services, you must subscribe to our annual registered address services and to 12 months of Bookkeeping Services, including SPT Masa report submission (up to 50 items per month).
Notes for the Indonesia Company Incorporation Packages
At 3E Accounting, we recognize the importance of getting your company registered in Indonesia without delay. Our team is agile enough to respond promptly to your incorporation needs, while also offering the full spectrum of services required to support your new business. We help eliminate bureaucratic delays that can hinder your market entry, ensuring a smooth and efficient company setup process.
Our comprehensive company incorporation package includes the following key services:
- FREE company name check and reservation (unlimited checks of company names)
- FREE standard Deed of Establishment
- FREE company digital stamp
- FREE EFIN Registration
- FREE Tax Identification Number (NPWP)
- FREE registration of Identification Number or Nomor Induk Berusaha (NIB)
- FREE resolution to open a company bank account
- FREE one-year corporate secretarial services, which include:
- Preparing required documents for the Annual General Meeting (AGM) and Annual Board of Directors’ (BOD) report
- Acting as a coordinator for liaising with the Government of Indonesia
- Maintaining the Minutes and Register Books
- Liaising with your auditor for the annual statutory audit on secretarial records
- Advising on matters regarding secretarial / statutory / compliance / accounting /tax
- Monitoring and ensuring compliance with relevant government regulations and legal requirements (Client will receive regular compliance alerts via email, such as Company Business License reminders).
FREE bank introduction and account opening services in Indonesia
FREE advisory on compliance requirements
FREE tax planning and VAT advice
FREE monitoring of filing deadlines for one year by our Compliance Officer through email
FREE Indonesia company incorporation consultation services
FREE Google Workspace email setup for up to two users (excluding Google Workspace Subscription Charges)
FREE first year “.com” domain name registration (Manage your domain with IT Solution Singapore upon domain registration)
Preparing minutes of the first annual general meeting (AGM GMOS)
Add on a 12-month resident director service at the price of IDR 25 million per year. For package details, please click Local Resident Director Services.
Add on a 12-month registered address service at the price of IDR 17 million per year. For package details, please click Registered Address Services.
Information Required
To incorporate a company, the following information must be submitted to us through the completion of the Online Incorporation Form. Alternatively, you may email us the following details at info@3ecpa.co.id
3E Accounting’s Indonesia Company Incorporation Services
Being a bureaucratic country, all foreign investments are regulated and monitored by the Badan Koordinasi Penanaman Modal (BKPM). BKPM is also known as the Indonesian Investment Coordinating Board.
If you incorporate an Indonesian company, it will be based on the Indonesian Company Law No. 40 of 2007.
Foreign investors require a business visa to work and live in Indonesia. 3E Accounting’s consultants can assist with the business visa application if required.
3E Accounting’s experience is like no other. We hire the best so we can provide you with the best possible service at a great Indonesia company incorporation cost. Ready to incorporate your Indonesian company? Contact our friendly consultants today and let us help you with your Indonesian company formation, as we are one of the best incorporation companies.
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