How do I set up a FDI or PMA company and procedures ? These question was often asked by several potential foreign investors who want to invest in Indonesia with FDI or PMA facility, but not a few similar questions are also raised by Indonesia’s own people who want to know how and procedures established PT PMA in Indonesia. Refers to the legislation in force relating to the limited liability company and its implementing regulations as well as by the practice that had been the case then we submit the following summary of the ways and procedures in establishing FDI or PMA Company in Indonesia, among others:
First, investors should choose the business that will be run in Indonesia, whether or not the field is allowed to be run by foreigner investors, in other words, whether the field is in the category of negative list or not, what is the maximum limit on foreign ownership of shares, how much capital is needed minimum, where the location is allowed. Those things need to be in check first.
Second, if the business to be run have got the assurance it needs to find a location or project office address for the company. The address can be purchased or rented from the owner’s office, office address can also be temporary or permanent.
Third, to check and book FDI or PMA Company names will be used. Checking the company name of PT PMA must refer to Government Regulation No. 26 of 1998 dated February 4, 1998 about the use of the Company name and its amendmen. If the Company name has been approved through Sisminbakum registered, it can proceed with the registration of investment to BKPM, signing of the notary deed of establishment, apply approval from the ministry of law and Human Rights, apply for business domicile letter, Company Tax Number, and the company registration (TDP).
For further information please contact us.
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