Starting a Business in Indonesia: PT/PMA Registration Made Easy
Want to establish your business in Bali? Learn how to register your company as a PT/PMA and operate legally in Indonesia.
What is the PT/PMA
PT PMA is a company structure in Indonesia that allows foreign individuals or entities to own and operate a business.
PT PMA stands for Perseroan Terbatas Penanaman Modal Asing, which translates to “Limited Liability Company for Foreign Investment” in English.
PT PMA is a legal structure that is often chosen by international investors to establish a long-term presence in Indonesia.
It is regulated by the Indonesian Investment Coordinating Board (BKPM).
Eligibility Criteria
- Paid-Up Capital
The minimum required paid-up capital for a PT PMA is IDR 10 billion. - Shareholders
A PT PMA must have at least two shareholders, including a minimum of one director and a commissioner. - Capital Statement Letter
Shareholders are required to sign a Capital Statement Letter, confirming that they possess sufficient funds to meet the capital requirements. - Passport Validity
For a 2-year Investor KITAS, the applicant’s passport must be valid for at least 30 months, and for a 1-year Investor KITAS, it must be valid for at least 18 months.
Requirements
- Passport Photograph: A clear photo of the passport's front page displaying all the holder's information.
- Three Business Sectors: Specify the three sectors in which the business will operate.
- Investment Amount: Declare the total investment amount for the business.
- Contact Information: Provide a valid phone number and email address.
- Shareholder Distribution: Indicate the percentage of ownership for each shareholder.
Application Process
- The process will take as long as 5 days (Contact us for faster process)
Benefits of the PT/PMA
- Market Access: A PT PMA provides direct access to Indonesia’s vast and growing market.
- Ease of Doing Business: With a clear legal structure, a PT PMA simplifies business management for foreign investors in Indonesia.
- Tax Benefits: PT PMAs are eligible for certain tax incentives, especially when operating in priority sectors.
- Land and Property Ownership: A PT PMA can acquire land and property in Indonesia at significant value.
- Foreign Ownership: A PT PMA allows foreign investors to fully or partially own the company.
- Economic Contribution: Foreign investment contributes to the economy by advancing technology, improving infrastructure, and creating jobs.