Why should you start a PT PMA in Indonesia?
There are quite a few benefits to starting a PT PMA in Indonesia. Firstly, a foreign-owned company has more flexibility in conducting business in Indonesia, including applying for various business licenses. This allows your company to expand further and diversify its investments.
In terms of business operations, starting a foreign-owned company will also allow you to register and import your products without using a third party. You can also sponsor and issue stay permits and business visas for international employees, business partners, and clients.
What do you need to start a PT PMA in Indonesia?
In Indonesia, every PT PMA must have a minimum paid-up capital of IDR 10 billion. The company's shareholders must sign a Capital Statement Letter confirming that they have adequate funds to meet the capital requirements.
It is required that a PT PMA in Indonesia has shareholders and a minimum of one commissioner and one director. A shareholder is a person or entity who owns the company and can be an individual or corporation. When it comes to decision-making, they hold the most power.
Start a PT PMA NowFrequently Asked Questions
I would like to expand my business to Indonesia. Can I set up a company there as a foreigner?
Yes, foreign citizens can expand to Indonesia and set up a foreign-owned company (PT PMA). Depending on the business line you want to pursue, foreigners have regulations to follow when establishing a company in Indonesia. One of the most important is the Positive Investment List, which is updated frequently, and other rules in Indonesian.
Will the government check if I have fulfilled the investment plan of IDR 10 billion?
PT PMA companies in Indonesia must fulfill the minimum investment plan of IDR 10 billion, and the minimum paid-up capital is also IDR 10 billion. We recommend our clients satisfy the investment plan as this is a legal requirement by the Indonesian government.
Is a foreigner able to become a director or commissioner?
A foreigner cannot become a commissioner in a local (PT) company. It is possible to have a foreign director but at least one local director in a PT. In a foreign-owned (PT PMA) company, a foreigner can be a director or a commissioner.