image

Home » Services » Company Registration in Indonesia

Company formation services in Asia.

image

Whether your company is a funded startup or an established multinational company, IIA’s experts can help you register the most efficient structure for your business and ensures it’s built on the right foundations.

Learn more

How IIA can help with your market entry strategy & efficient company setup .

In Asia, a corporate structure is the most efficient way to establish your business. However, there are multiple options for a company structure and choosing the most appropriate one for your business type can be challenging.

Not only will you need to incorporate a company, but you will also need to satisfy the local requirements on corporate regulation, such as having a local director (in some jurisdictions) and a local company secretary. There are also minimum capital requirements, which vary from country to country, and often depend on the type of business that you will be operating. Additionally, the company will need to open a bank account, and an office space may be required for your business.

Having a partner like IIA by your side makes the entire process of company formation quick and easy. Our local experts are well versed in the nuances of each business structure, and they can advise on the best option based on your business and sector.

Our Company Registration Services

Foreign Company Incorporation (PMA)

IDR 28,000,000 (USD1,800)

What you’ll get

  • Company Name Check

  • Drafting of Article of Association by Public Notary (AKTA Notaris)

  • Submission of AKTA to Ministry of Law and Human Rights (SK Menkumham)

  • Approval and collection of your Company - Incorporation (PT PMA) documents from SK Menkumham

You'll also get

  • Register your Company with the Tax Office Collection of NPWP (Company Tax Number)

  • Registration and Collection of your OSS License Izin Usaha

  • Registration and Collection of your OSS- NIB (Nomor Induk Berusaha)

More Details Get a Proposal  

Domestic Company Incorporation (PT)

IDR 15,500,000 (USD 1,000)

What you’ll get

  • Company Name Check

  • Drafting of Article of Association by Public Notary (AKTA Notaris)

  • Submission of AKTA to Ministry of Law and Human Rights (SK Menkumham)

  • Approval and collection of your Company Incorporation documents from SK Menkumham

You'll also get

  • Register your Company with the Tax Office Collection of NPWP (Company Tax Number)

  • Registration and Collection of your OSS License Izin Usaha

  • Registration and Collection of your OSS- NIB (Nomor Induk Berusaha)

More Details Get a Proposal  

Representative Office

IDR 16,800,000 (USD 1,900)

What you’ll get

  • Representative Office Permit

  • Register the Representative Office with the Directorate General of Taxes to obtain Taxpayer ID (NPWP)

  • Representative Office Registration Number

More Details Get a Proposal  

2,000+ big and small companies in Indonesia trust InvestInASia.

How to Register A Company In Indonesia

The government is actively lowering barriers for foreign investors through measures in order to promote the expansion of business in Indonesia. The process of registering a company is now straightforward and partially digitalized to make it easier to incorporate an Indonesian company.

Except for the first two steps, which cannot be completed online, the remaining steps can be completed online using the Online Single Submission (OSS) system.

After the incorporation documents have been approved, which usually takes about 10 working days, you can draft your articles of association and submit business license applications. Generally speaking, the incorporation/registration process takes two to three months, although each situation is different.

The following options are available to foreign business owners who need to register their organization for full ownership: .

Registered as
PT (Perseroan Terbatas) .

The most popular type of foreign company that can be incorporated in Indonesia is a limited liability company, or PT as it is known locally.

There are three types of it:
  • Small-sized
  • Medium-sized
  • Large-sized PT Company
    As it supports work visas, this type of business company is simple to set up and offers limited liability to the majority of foreign and local entities. PT businesses need:
  • One local director
  • Two local shareholders
  • A foreign or local commissioner

Registered as PMA (Penanaman Modal Asing) .

PMA companies may have complete or partial foreign ownership. Such a firm is founded in accordance with the Foreign Capital Investment Law's requirements and has the Capital Coordinating Board of Indonesia's approval. PMA firms could eventually turn into public enterprises.

Registered as KP3A .

This is a representative office for foreign trade.

Other Types of Companies to Think About

Nominee Limited Liability Company

You can form a corporation in Indonesia using an Indonesian nominee if you need to start doing business right away. You can get around some prohibitions on foreign investment, complete transactions quickly, and secure contracts by registering this kind of firm.

Public Company

This kind of business has to comply with strict requirements for company registration. It has at least 300 shareholders and IDR billion in paid-up capital. Being listed on the stock exchange is necessary.

Requirements to set up companies in Indonesia

There are specific conditions that must be met by each form of business entity before incorporation.

PT:

  • 2 local shareholders
  • 1 director
  • 1 commissioner
  • Projected investment value:
    1. Small-scale business: IDR 50 million
    2. Medium-scale business: IDR 500 million
    3. Large-scale business: more than IDR 10 billion
  • It is acceptable to use virtual offices as a registered business address.

PT PMA:

  • 2 shareholders
  • 1 director
  • 1 commissioner
  • Investment plans must be at least IDR 10 billion for each company activity.
  • Local registered address in a commercial building

KPPA:

  • must hire a minimum of one chief representative officer.
  • Chief representative officer cannot be director
  • Local registered address in a commercial building

Documents Needed to Establish an Indonesian Company .

PT PMA:

Company Documents:
  • a power of attorney signed by each shareholder and submitted
  • Shareholder documents
  • Building management's initial domicile/statement for the building
  • Building and land tax receipt (PBB), which includes the current year's payment approval.
  • IMB or, if the building is owned, a certificate of ownership
  • Statement for lease (if any)
  • 3 minimum office shots, including the lobby, corporate signage, and an office with work in progress
  • The company's declaration of domicile was confirmed by the building management.
  • Business letterhead with copy, or a sample business stamp design
Shareholder Documents:
  • Copy of the Association's Articles and their Modification, in English or Bahasa Indonesia
  • Certificate of Business Registration
  • Board of Directors organization
Personal Documents:
  • Foreigner: Copies of passports with at least 18 months of remaining validity and four blank pages in color
  • Local: identification card (KTP & TIN)
  • KK Family Card
  • Thailand visa stamp
  • Address letter for the director's hotel or residence
  • Each Board of Director's most recent passport-sized photo with a red background

KPPA:

Company Documents:
  • Articles of Association from the parent or holding company, including the number of shareholders, registration address, and industry
  • Letter of Appointment (LoA) from the holding/parent company's director, signed and sealed
  • If the proposed Chief Representative Officer (CRO) is signing the letter in Indonesia, the proposed CRO must sign and seal the letter with stamp duty (Material 6000) stating that they are accepting the position as CRO.
  • Letter of Intent (LoI) from the holding/parent company, signed and sealed
  • Reference letter (LoR)
  • Building management's initial domicile/statement for the building
  • Building and land tax receipt (PBB), includes the current-year payment approval
  • IMB or, if the building is owned, a certificate of ownership
  • (If any) Statement for Lease
Chief Representative Officer Documents
  • Foreign national: a copy of a passport that is at least 18 months old and has at least four blank pages.
  • Local: identification card (KTP & TIN)
  • KK Family Card
  • Thailand visa stamp
  • Hotel or apartment address on the CRO's domicile letter
  • recent photo fit for a passport with a background of red
Personal Documents:
  • Foreigner: Copies of passports with at least 18 months of remaining validity and four blank pages in color
  • Local: identification card (KTP & TIN)
  • KK Family Card
  • Thailand visa stamp
  • Address letter for the director's hotel or residence
  • Each Board of Director's most recent passport-sized photo with a red background
PT PMA (Foreign Legal Body):
  • Copy of the Association's Articles of Association, both in English and Bahasa Indonesia
  • Certificate of Business Registration
  • Board of Directors organization
PT & PT PMA (Local Legal Body)
  • Copy of Article of Association and its amendment – in English or Bahasa Indonesia
  • Copy of company taxpayer identity number (NPWP)
  • Copy of Domicile Letter from sub-distrcit (Dominisili Kelurahan)
  • Copy of Business License (SIUP/NIB)
  • Copy of Company Registration Certificate (TDP/NIB)
  • Copy of KTP & NPWP for each Board of Director
  • Copy of passport for any foreign Board of Director
PT & PT PMA (Personal Foreigner)
  • Copy of coloured passport with a min. 18 months validity and 4 blank pages

Procedure to Register a Company in Indonesia .

Step 1

Apply for a company name

Use our free company name checker to see if the name you want is available for use. You can apply and register for your desired company name with the Ministry of Law and Human Rights if the name is accessible.

Step 2

Apply for Deed of Establishment

The certificate of the bank account and an official copy of the bank transfer advise must be included with the online application for the Deed of Establishment. If your application is accepted, the Ministry of Law and Human Rights will issue you a legalization of the company's establishment, and you can announce it within the next 14 days. All paperwork must be notarized before being submitted.

Step 3

Apply for the Certificate of Company Domicile

The next step is to submit an application for the Certificate of Company Domicile, which all limited liability firms in Indonesia must have.

Step 4

Obtain a tax registration number (NPWP)

You must apply for a legitimate tax ID with the local tax authorities after receiving your Certificate of Company Domicile in order to use it for financial transactions. The following papers are needed for this application:

  • Agreement to Establish
  • Identity card for the director Letter confirming business address
  • For corporation taxation, you might also receive a domicile certification, however it's not required.
  • The municipality or building administration in the area where the office is located issues the domicile certificate. You will also receive a registration number and a Value Added Tax (VAT) collector number.

Step 5

Get your business identification number (NIB)

The Online Single Submission yields the NIB. This one-of-a-kind number is given to your business as a means of identification (much like an ID card!). As part of the program, you will also be registered by the Badan Penyelenggara Jaminan Sosial (BPJS) Ketenagakerjaan and BPJS Kesehatan.

Step 6

Obtain other pertinent documentation and licenses.

Different business licenses are needed for different kinds of businesses. Before you can begin operations, you may need to apply for licenses depending on the type of business you are running.

Step 7

Obtain other pertinent documentation and licenses.

Before beginning employment with your organization, all employees—both domestic and foreign—will need work visas (KITAS). These visas are available as business visas with a single entry and multiple entries.

Step 8

Open a business bank account

Opening a corporate bank account is the other action you should do when forming an Indonesian firm. After incorporating your business, deposit your paid-up capital here.

Your business is now officially registered, and you are free to conduct business as usual. You must still carry out the subsequent steps as part of the procedure, though:

You have 30 days to submit the labor report and any other necessary paperwork to the Ministry of Labor.

Utilize the worker social security programs. Employees are made more aware of job dangers, security after retirement, pension security, and mortality through this program.

Next, enroll in BPJS's social insurance program for health care and employee welfare.

Turn around time.

In short, with InvestinAsia Company Incorporation service, we can help you incorporate your business in Indonesia even with you stepping foot in Indonesia or our office. The usual turn around for company incorporation in Indonesia is 2 weeks.

Testimonials from Clients

Companies who have trusted us when they first expanded their business into Indonesia .

Very good impressions, made us easily got what we want in one time and one place. First off all we think that we have to communicate with many related functions, but with Investinasia.id then we just directly stright in one line and completed. Well Done.

Moch Rizal

Fast response by professional and friendly consultants. Profound details for each services. Highly recommended to boost up and legalize your businesses

Finna Derosa

The services is professional, communicative, transparant, as a customer, only need to prepare the document and folow the instruction. Very very very satisfied.

Andy

Great professional service from Investinasia.id, they are responsible and accountable, they did what they spoke (integrity), very kind and polite. In short, they are PROfessional.

Mike FN

The service from the start of registering to the end was provided very well and the response was fast, the explanations given were also well explained. Thank you for the excellent service. Keep up the good work, thx.

Fitria Nurjanah

Good. Suitable for those who are lazy and complicated and who don't know how to make pt. So it's more practical, you just need to be patient waiting for the chat to be answered, because of the queue.

Karen Kie

Not sure where to begin?

Schedule a free 30-minute consultation on starting & managing your company in Asia.

Andy, Business development

Schedule a Consultation