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Investment in Indonesia .
Are you a foreigner interested to starting business in Indonesia? Here is a step by step on how to start Company Incorporation.
How to Start a Company in Indonesia?
Type of Company Incorporation in Indonesia:
- Local Company is 100% Local or WNI Owned
- Foreign Company is 100% Foreigner or WNA Owned
Minimum Capital Required:
- Local Company no minimum capital required
- Foreign Company the minimum capital is 10M
Company Address:
Need to have physical address to obtain domicile letter
Documents Legality:
- Deed of Establishment: This is a legal document that outlines the company's establishment, including shareholders, directors, and articles of association.
- Legalize Your Company: This involves getting approval from the Ministry of Law and Human Rights (Kementerian Hukum dan HAM).
- Register Your Business License: You'll need to register your business with the Indonesian Investment Coordinating Board (BKPM) for Foreign Companies.
- OthersBusiness License: Depending on the industry, you may need specific licenses from relevant authorities (e.g., Ministry of Industry, Ministry of Trade, etc.)
Tax Identification Number (NPWP):
This is required for all businesses. It's obtained from the tax office.
Open a Local Bank Account:
You'll need a local bank account for your business operations.
Compliance and Reporting:
- Ensure you are aware of all local laws and regulations governing your business.
- Comply with annual reporting, tax filing, and any other regulatory requirement
Requirement Documents from the Shareholders
For Foreigner
Individuals:
- Your current Passport copy, email address and phone number
Foreign Companies:
- Your company Incorporation Documents and latest Audited Financial Report
For Indonesian
Individuals:
- KTP & NPWP and your current email address and phone number
Companies:
- Deed of Establishment and the Ministerial Letter of Approval along with amendments (if any), NPWP, NIB, KTP & NPWP of the Director.
Foreign Service Education
With our services, we can help you incorporate your business in Indonesia even without you stepping foot in Indonesia or our office. It will take around 7 working days to process Company Incorporation after deed signing.
