DOMESTIC COMMERCIAL AIR TRANSPORTATION

What are the requirements to set up a domestic commercial air transportation in Indonesia?

Shareholders

• At least two shareholders
• Maximum of 49% of the shares can be held by foreign shareholders. Indonesian shareholders must hold at least 51% of the shares.

Capital

• Minimum paid up capital is Rp 2.500.000.000,00
• Paid-up capital will not be injected in the company during the registration process. Instead, the shareholders issue a statement letter that at least the amount of minimum paid-up capital will be injected to the company once the registration is completed.

Corporate structure

• At least one director. At least one of the directors must be an Indonesian resident. The directors are in charge of the daily operations of the company.
• At least one commissioner. Commissioners are overseeing the work of directors on behalf of the shareholders.
• The same person cannot be both a director and a commissioner.
• There is no requirement for the director or commissioner to hold shares in the company.
• Registered address in a building with the correct building permit.

The process of registering domestic commercial air transportation company in Indonesia

The exact process of registering a domestic commercial air transportation company depends on the location of your company's registered address.