As one of the leading business solution companies in Indonesia, our aim is to make it as easy for business owners to do business here in Indonesia, especially in Jakarta and Bali. Our affordable pricing, simplified processes, honest and straight-forward advice made us the choice for many so why not contact us for your Company Registration needs in Indonesia today.
We help Locals & Foreigners to incorporate their business in Indonesia. Our full-suite of services includes DJP Approved Virtual Office, DJP Registration, Shareholder-as-a-Service, Director-as-a-Service, Serviced Office, Accounting & Tax Reporting Service as well as EOY Audit service to help companies operate efficiently here in Indonesia.
Our legal team also specialize in assisting foreigners to obtain a Visa, KITAS or KITAP in Indonesia. If you're a foreigner who are interested to obtain a KITAS/ Work Permit as well as starting up your own company, please refer Company Incorporation + KITAS package.
What you’ll get
What you’ll get
You’ll also get
Meeting Room Package
Worth 5,500 Baht
Consultation with Certified Accountant and Tax Consultant
Additional Services |
|
---|---|
Accounting and Gov't Compliance Service | IDR 3,000,000 (USD 200) per month |
Work Permit Document Preparation & Application | IDR 15,000,000 (USD 990) per person |
KITAS Application | IDR 20,000,000 (USD 1,290) per person |
Change Director | IDR 5,500,000 (USD 350) |
Change Shareholder | IDR 5,500,000 (USD 350) |
The most common type of legal entity in Indonesia is the limited-company, which is similar in structure to the Limited Liability Company (LLC) in the USA. A limited-company in Indonesia must be owned by at least three shareholders and managed by at least one Director. An Indonesia Limited-Company also means that 51% of the company shares must be held by Indonesia citizens and the remaining shares can be held by anyone including foreigner or a foreign registered entity. In spite of this regulation, it is common for foreigner to use an Indonesia friend or a professional nominee for hold their shares on their behalf and through carefully planned structure (which we will help you with) the foreigner can still have controlling interest in the company and the bank account.
An Indonesia limited-company is a legally stand-alone entity under the Indonesia law and this protects you from unlimited liability. Unlike other countries, in Indonesia only the Director(s) is authorized to sign on behalf of the company and individual shareholders are only liable to their percentage of shares.
If you would like to setup a Limited Company where the majority of its shares are owned by foreigner, you've 3 options and we can also help you with it.
1. Obtain a Foreign Business License
2. Board of Investment (BOI) Promotion
3. Registration through the Treaty of Amity
For US citizens only
There is actually no minimum capital required to setup a company in Indonesia but we would recommend at least Two Million Baht as this is the minimum required capital to allows your company to employ foreigner and sponsor a work permit.
Having said that, you do not need to have this amount of money in your bank before you can register your company. Minimum paid-up amount capital is 25%, which can be used as working capital. If you are establishing a company to hold properties only, then you only need to have One Million Baht as the capital.
If you require a local Director to act on your behalf, please read below.
It's an professional engagement of an individual that passes a police background check and is not bankrupt to be acting on your behalf as your company Director. Many formal documents and decisions made by an Indonesia Limited Company must be manually signed (e-signature is not accepted yet) by the company Director and if you are a foreigner who may be flying in and out of the countries, Director-as-Service is here to help you operate your company in Indonesia smoothly.
A Nominee Director is hired to act according to your instruction as long as it is within the normal legal business scope. He/she will assist you to execute certain documents while you are not in Indonesia as well as to represent your company when required.
Setting up a company in Indonesia
Step 1
InvestInASia Company Registration team will perform a Company Name Search for you at Indonesia's Ministry of Commerce database and if it is approve, we will reserve your Company Name for you.
Step 2
InvestInASia Company Registration team will prepare a draft MOA based on the best practice and run them by you. At this time, you can request for amendments if any. This document is a legal document that will be submitted to the Ministry of Commerce and should clearly state the names and personal information of all company's shareholders, company business address (PO Box and Residential Address is not permitted here), registered and paid up capital and the primary business activity.
Upon approval of the Indonesia Ministry of Commerce, your business is now legitimately register in Indonesia and you will be issue with your Company Affidavit, Certificate, List of shareholders and Company Articles of Association.
Step 3
If your company expected revenue for 1 year is below 1,800,000 Baht there is no need to register for VAT however you still need to submit a copy of all your company registration documents to the Central Filling Office of the Revenue Department for the issuance of your Company Tax ID Card.
If you need to register for VAT / obtain a VAT Certificate, you must obtain permission from the landowner where your business is registered in if your company does not own the land outright. Alternatively, you can also use InvestInASia address for this for a small fee.
Step 4
As part of our Company Incorporation package, we will prepare the necessary documents for you and provide you with a letter of recommendation with our partner bank. All company directors and signatories must be present in front of the bank manager before your bank account can be approve and open. Should one of the signatories for the bank account is a foreigner, some banks may require the signatories to have a valid work permit before approving the bank account.
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.
Ready to get started?