Indonesia Company Incorporation Services – 3E Accounting is Here for You!
A Comprehensive Guide to All You Need to Know About Starting a Business
There’s no better time for a company set up with 3E Accounting’s Indonesia Company Incorporation Services. This guide will tell you all you need to know about getting started. The demand for Indonesia Company Incorporation services to incorporate Indonesia company continues to accelerate. We at 3E Accounting, best Indonesia company incorporation consultants, understand why Indonesia is attracting so much corporate interest for business incorporation in Indonesia and we’d like to share our Indonesia incorporation expertise with you about Indonesia Company Registration Services and steps for incorporating Indonesia company. As a premier provider of Indonesia company incorporation services, we are in a unique position to offer you a FULL array of services at the most attractive prices and help you to incorporate company in Indonesia.
Being a bureaucratic country, all foreign investments are regulated and monitored by the Badan Koordinasi Penanaman Modal (BKPM). BKPM is also known as the Indonesia Investment Coordinating Board.
In you incorporate an Indonesia company, it will be based on the Indonesia Company Law No. 40 of Year 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.
Choosing Your Company Setup Entity
The opening of an Indonesia company gives investors 2 options to choose from:
- Local company (PT)
- Foreign owned company (PT PMA)
A Local Company (PT) in Indonesia allows only 100% local ownership. This means that the Company must be 100% own by local resident if you choose this entity. If you are planning to have foreign investor in the future, it is recommended to go for Foreign Owned Company (PT PMA) since the beginning to avoid spending extra cost engaging a Notary to amend/change your company status and your existing business licenses.
For Foreign Owned Company (PT PMA), the maximum number of ownership will be determined by your business activities and the sector you’re involved in. There are certain restrictions where some sectors are off limits to foreigners. The restricted sectors can be found on the Indonesia Negative Investment List.
The Indonesia Negative Investment List (DNI) exists to protect the country’s economy and local companies. If you establish a PMA with 100% foreign ownership but your business is listed under the DNI, you will need to re-arrange your shareholders composition based on the requirement percentage mentioned on the DNI by holding a general meeting of shareholders (“GMOS”) to obtain the shareholders’ approval.
Package Fees for Indonesia Company Incorporation / Indonesia Subsidiary Incorporation / PT PMA / Local Company (PT)
|Package||Local Company (PT) Set up Fee (IDR)||PMA Company Set up without Local Resident Director Services Fee (IDR)||PMA Company Set up with Local Resident Director Services Fee (IDR)|
|Company Incorporation Services *||IDR 20 million||IDR 30 million||IDR 30 million|
|Company Secretarial Services||Free 1 year||Free 1 year||Free 1 year|
|Opening of Indonesia bank account||Free first bank account opening||Free first bank account opening||Free first bank account opening|
|Local Resident Director **||Not applicable||Not applicable||IDR 30 million per year|
|Refundable Security Deposit for Local Resident Director Services||Not applicable||Not applicable||IDR 30 million|
|TOTAL COMPANY SET UP COST (including resident director security deposit)||IDR 20 million||IDR 30 million||IDR 90 million|