Advantages of Starting a PT PMA in Indonesia
- Full Foreign OwnershipA PT PMA allows foreign investors to legally own and control a company in Indonesia, providing direct access to the Indonesian market.
- Legal Business OperationsOperate your business with full legal standing, issue invoices, sign contracts, and participate in tenders as a recognized Indonesian entity.
- Open Corporate Bank AccountsEasily open corporate bank accounts in Indonesia, facilitating smooth business transactions and capital management.
- Attractive Investment ClimateBenefit from Indonesia’s growing economy, government incentives, and a strategic location in Southeast Asia.
PT PMA (Perseroan Terbatas Penanaman Modal Asing)
The PT PMA (Perseroan Terbatas Penanaman Modal Asing) is a foreign-owned limited liability company, which opens the possibility for international investors to legally make income within Indonesia.
If you plan to run a business, open an office, hire staff, or apply for an Investor KITAS, establishing a PT PMA is mandatory under Indonesian law.
With a PT PMA, you can:
- Run a revenue-generating business.
- Sign contracts in the name of your company.
- Open a company bank account.
- Recruit domestic or international people.
- Obstacle Investor or Work KITAS.
- Ensure long-term presence in Indonesia.
Who Needs a PT PMA?
You have to set up PT PMA in case you:
- Plans to be an active business in Indonesia.
- Generate income locally.
- Start a store, office, villa management, or a trading firm.
- Hire employees.
- Apply for an Investor KITAS.
- Enter into long-term business operations.
It could lead to fines or the shutdown of the business using improper registration.
Investment & Capital Requirements
General regulatory requirements are:
- Minimum sum of total investment: IDR 10 billion.
- Minimum paid-up capital: IDR 10 billion (depends on industry).
- Minimum 2 shareholders.
- At least 1 Director and 1 Commissioner.
Capital requirements will rely on the type of business that you have (KBLI). Before registration, our team will ensure that the eligibility is checked.
Business Sectors & Foreign Ownership
Indonesia has a Positive Investment List that regulates foreign ownership. Some might be based on the line of business:
- Some activities are 100 percent foreign-owned.
- Others demand a partial Indonesian joint venture.
- Some areas could be licensed differently.
We make comprehensive business classification checks, after which we comply with the incorporation.
PT PMA Registration Process
The process of firm formation entails:
- Company name reservation.
- Composing & notarizing the Deed of Establishment.
- Ministry approval.
- Tax registration (NPWP).
- Business Identification Number (NIB).
- OSS licensing registration.
Estimated timeline: Up to 14 working days (subject to document completeness).
PT PMA Setup Cost & Processing Time
PT PMA Setup (Without KITAS)
Cost: IDR 30,000,000
Processing time: Maximum 14 working days
Includes full registration of the firm, government license, NIB issuance, and normal licensing.
PT PMA + 1 Investor KITAS Package
Cost: IDR 45,000,000
Processing time: Maximum 14 working days
Comprises the whole PT PMA establishment as well as processing 1 Investor KITAS for a shareholder or director.
Processing time commences after all the necessary documents have been fulfilled and confirmed. There can be changes in fees, with regard to regulation.
Documents Required
For Individual Shareholders:
- Passport copy
- Residential address
- Shareholding structure
For Corporate Shareholders:
- Company legal documents
- Articles of Association
- Board resolution approving investment
Additional documents may be required depending on business activity.
Investor KITAS Eligibility
Once the company has been established and the capital requirement is met, qualified shareholders can request an Investor KITAS, which permits them to spend a long period in Indonesia without the need to have an individual work permit (depending on position and share value).
Why Choose Bali Visa Hub?
- Professional corporate and immigration experts.
- Clear prices without any additional charges.
- Quick processing in 14 working days.
- Complete compliance and legal audit.
- Support of Investor KITAS.
- Continued corporate and immigration assistance.
We take you through the pre-investment planning and into complete legal operation.
Apply for your PT-PMA license
Set up PT-PMA without Kitas
IDR. 30,000,000
Max 14 working days
1 PMA + 1 Investor Kitas
IDR. 45,000,000
Max 14 working days
Bali Business Name Generator
Choose the themes you want to include in your business name:
