As a very attractive investment destination for investors, more investors are interested in investing in Indonesia. The Indonesian government continues to improve the investment climate and regulations from time to time by providing various facilities relating to Foreign Investment (PMA).
One thing that needs to be considered by investors who will invest in Indonesia is the Business Sector. You have to make sure and choose what business field to run in Indonesia. Is the business field closed or open to foreign investor, or open but with certain limitations. For that we must first check the Negative Investment List that applies in Indonesia. The Negative Investment List is a reference to makesure whether the business sector to be carried out is open or closed to foreign investors.
PT PMA has 100% foreign investors, PT PMA is owned by foreigners and some must be partnership to local Indonesian investors. For Business Fields that are closed to PT PMA means specifically for local companies.
How to find out whether a business field is open to foreigners, whether it is open but must be with a local partner or even completely closed to foreigners, we can see the provisions in Regulation Number 44 Year 2016. The regulation is better known as a negative list of investments where changes have been made in Indonesia.
If it turns out that the business field is open to foreign investors, then it can then move on to the next step, namely establishing a PT PMA company in Indonesia. Establishing PT PMA in Indonesia can be started by determining the office address that will be used, then ordering a name in advance to the Ministry of Law and Human Rights of the Republic of Indonesia, then making a PT PMA establishment deed at the Notary, submitting or arranging the Entrepreneurial Number (NIB), followed by managing the Number Taxpayer and Company Domicile letter.
Checking the name of the Company, must pay attention to the applicable provisions because the Government of Indonesia has issued its own rules related to ordering the name of the company so that the name we order can later be approved by the Government.
Related to the office address, please ensure that the address to be used or rented is properly used as an office or place of business, because not all places may be used as office addresses or as a place of business, so that later in licensing and running the business do not meet problem.
Consult with a trusted consultant about the detailed requirements and procedures to ensure smooth management of the establishment of your PT PMA in Indonesia. Also consult related to capital, how much capital is needed for your business, how to deposit it and what banks are trusted. The more detailed information obtained, it is very helpful for us to draw conclusions and decide on the business that will be run in Indonesia. You can also ask about work permits for foreigners, as well as residence permits for foreigners working and doing business in Indonesia.
With various opportunities in Indonesia, hopefully you will invest in PT PMA in Indonesia.
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