PMA Company Establishment

If you are a foreign company or individual looking to start a business in Indonesia, aPMA (Penanaman Modal Asing) is the safest way to start a business in Indonesia. It will ensure the investor has full control over the direction of the company. There are no restrictions where the company can operate and it reduces the risk in finding a suitable local partner.

Being a foreign owned company the investment value is significantly higher than that of a PT. The investor should invest above USD 1 million / 10 Billion IDR as their investment plan, with a paid-up capital above USD 250.000.000 / 2.5 Billion IDR. The Investment plan can either be cash or fixed assets, such as machinery. The paid-up capital does not need to be paid until after the company is established.

Please note that these numbers may seem daunting for startup businesses; however, for more clarification, please feel free to ask the Yinnivisa team.

The steps involved creating PT PMA are:

1. Approval of company name
2. Article of association (Akta Perusahaan) – Foreign Owned Company Establishment
3. Legalisation of Legal Entity (SK Kehakiman) – The Article of Association being legalized
4. Domicile Letter – only for outside Jakarta
5. Tax Registration Number (NPWP)
6. Registration Number (NIB) – under Online Single Submission(OSS) system
7. Business License – under Online Single Submission (OSS) system
8. Commercial License (if any) – under Online Single Submission (OSS) system

Company Establishment

Required Documents

• Minimum 2 shareholders
• Identity and contact details of Company Shareholders:
• For Indonesian Individuals, KTP and NPWP
• For Indonesian Companies, copy of Article of Establishment and the amendments and the Approval from the Ministry of Law and Human Right, Domicile Letter, Tax Id, Business License, Company Registration Certificate (TDP/NIB)
• Identity and contact details of Company Directors and Commissioner:
• For Indonesian individuals, KTP, NPWP, email and phone number.
• For Foreign Individuals, valid passport, email and phone number.
• Original Domicile from building management
• Copy of Lease Agreement between company and building management

Company Establishment Packages

To make your life simpler, Yinnivisa offers fully serviced packages to get your business off the ground. The Package includes PMA Establishment, a virtual office and an express KITAS! For the details of the package, please contact us soon!