Home · Domestic Company Incorporation
Essentially a PT PMDN is a company with 100% local direct investment. Foreign companies or individuals need a local nominee partner to establish one. Foreign employees are allowed to work only in small to large-sized PT PMDN.
Comparing it to the Foreign Direct Investment Company, it requires significantly less amount of investment. Starting with USD 32 (around IDR 500,000), entrepreneurs can already establish their owned company.
Average Timeline: 3 weeks
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You’ll also get
Along with these, we can also help you with other services such as: |
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|---|---|
| • Accounting and Tax Compliance Service : | IDR 3,000,000 (USD 200) / month |
| • Work Permit Preparation & Application : | IDR 15,000,000 (USD 990) / person |
| • KITAS Application : | IDR 25,000,000 (USD 1,600) / person |
| • Amendment : | IDR 15,500,000 (USD 1,000) |
Step 1
InvestInAsia team will perform the company name checking at Indonesia Ministry database. We urge you to not waste to much time from the checking until confirming the registration as company names are no longer available for booking in advance.
Step 2
Once the company name you want is available and confirmed, we will prepare a draft of Deed of Establishment. At this time, you can request for revisions if any. Upon confirmation, we will schedule a signing and the signed documents will then be submitted to the Ministry of Commerce. This document should state all the details such as names and personal information of all company’s shareholders, directors and commissioners; company address; authorized and paid-up capital and the business activities.
Upon approval, you will have the Company Deed of Establishment and Letter of Approval by the Ministry issued.
Step 3
All company documents that have been issued up to this step has to be submitted to the Tax Office for the issuance of the Company Tax ID card.
There is also an option for VAT Registration if your company expected annual revenue is above IDR 4,800,000,000. There are more requirements for the registration where we can offer you the service for an additional fee.
Step 4
A company can not run without a business license. While there are a lot of businesses that can be run automatically once we register for a Business Registration Number with the Investment Coordination Board, there are a few businesses which need more special permit, namely: restaurant, cosmetic wholesale, construction, mining and several others. You can consult us more on the business license details and how to get it.
Step 5
As part of our Company Incorporation package, we can help you to prepare the necessary documents for you to open a bank account. The president director has to be present in the bank before your bank account can be approve and opened. Should the president director is a foreigner, some of the banks may require to have a valid work permit before approving of 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.
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