Indonesia is known as one of the countries with stable economic growth in Southeast Asia. With its large population and vast market potential, it is no surprise that many foreign investors are interested in setting up companies in Indonesia. The most commonly used business entities are Limited Liability Companies (PT), including Foreign Investment Companies (PT PMA).
According to Notary & Land Deed Official (PPAT) Dhenik Ayu Ningtiyas in Bali, to establish a PT, foreign investors must fulfill specific requirements. This includes having a clear business plan, a minimum paid-up capital as regulated by law, a legal domicile, and proper documentation in compliance with Indonesian regulations. The type of business must also align with the government’s Positive Investment List.
The process of establishing a PT PMA begins with preparing company documents that must be submitted and approved by the Ministry of Law and Human Rights. After that, the company must obtain a Taxpayer Identification Number (NPWP), a Business Identification Number (NIB), and other relevant permits according to its line of business. These steps ensure that the PT operates legally and can engage in both domestic and international transactions.
A PT PMA also offers multiple benefits for foreign investors. Investors can directly own shares, open bank accounts, hire employees, and conduct business transactions in Indonesia with full legal protection. However, it is important to note that foreign investors must comply with Indonesian corporate laws, including annual reporting obligations, tax compliance, and other administrative requirements.
Notary & PPAT Dhenik Ayu Ningtiyas in Bali emphasizes the importance of choosing the right legal framework to avoid complications in the future. With professional guidance, the entire process can be managed more efficiently, allowing investors to focus on business growth while ensuring compliance with Indonesian law.
Establishing a PT in Indonesia is a strategic step for foreign investors who want to expand their business into one of the largest markets in Southeast Asia. By working with professional legal experts, the process can be completed more quickly, transparently, and securely.
If you are a foreign investor looking to set up a company in Indonesia, don’t hesitate to consult Notary & PPAT Dhenik Ayu Ningtiyas in Bali to ensure your business journey runs smoothly and securely.