How to prepare your foreign company for registration in Indonesia.

1. Foreign company
registration in
Indonesia

2. My name is Marlissa
• Indonesian
• Co-founder of
Indosight
• In charge of
Indosight
incorporation service

3. What is PT PMA?
• PT = limited liability
company
• PMA = foreign direct
investment
• Every PT with foreign
shareholders is a
PMA
photo credit: http://www.flickr.com/photos/marcobellucci/3534516458/

4. First things first…
• Industry
• Activities
• Business location
photo credit: http://www.flickr.com/photos/foxtongue/2822678678/

5. Foreigners owning shares
• Defined by Negative
Investment List:
a) Can be owned
100% by foreigners
b) Can be partly
owned by
foreigners
c) Closed to foreigners
photo credit: http://www.flickr.com/photos/the_warfield/4992455554/

6. What about nominee
arrangements?
• Arrangements where
company has
“fictional”
shareholders are
NOT safe
• No legal protection
photo credit: http://www.flickr.com/photos/56695083@N00/4254036845/

7. Minimum capital requirements
• Investment plan for 10 billion IDR
• Paid up capital for at least 25% but min.
300,000 USD
• Statement letter is sufficient until
company is registered
photo credit: http://www.flickr.com/photos/seagers/860210865/

8. Company structure
• At least 2
shareholders
• Both individual and
corporate
shareholders are
acceptable
• Min. one director
• Min. one
commissioner
photo credit: http://www.flickr.com/photos/atomicshed/4434547381/

9. Duration of registration process
• Standard: 8 weeks
• Express (only for
some industries) 3-4
weeks

10. Final thoughts…
• marlissa@indosight.com
• www.indosight.com
• @MarlissaD
www.indosight.com/blog