Company registration, corporate secretarial and market entry services
Company registration in Indonesia allows you to run full-scale operations and own up to 100% foreign capital in Indonesia; including earning revenue, acquiring land, issuing work permits etc.
1
Emerhub will first determine your business activities and the allowed foreign ownership in your industry, as regulated by the Negative Investment List.
Before you can proceed to company registration, you first need to receive approval on your investment from the Ministry of Law and Human Rights.
2
The incorporation process proceeds through the One Single Submission System for most business lines. For some business classifications, however, the regulations differ. After the incorporation process is completed, you will receive an identification number (Nomor Induk Berusaha/NIB) that allows you to operate in Indonesia.
Emerhub manages the entire process on your behalf and your involvement is required only in the beginning to get the necessary information about the structure and classification of your company.
Standard incorporation time in Jakarta is 2 weeks.
3
Some business activities, such as importing or construction, require additional licenses from the respective Ministries. Emerhub will advise you whether your business activities require it and will then acquire the licenses for you.
All companies with any foreign shareholders are considered as foreign direct investment LLC-s (PT PMA in Indonesian). The corporate law states that only large enterprises can be foreign-owned.
For most business classifications, the Investment Coordinating Board expects an investment plan of at least 10 billion IDR (~700,000 USD). This is higher for some capital-intensive industries and also when applying for more than one classification.
Investment plan states the amount of money that is going to be invested in Indonesia. The minimum paid up capital requirement is 2.5 billion IDR (~175,000 USD).
In reality, companies prove it only with a notary capital statement letter and no actual money transfer is going to be validated.
Indonesian corporate law does not state a common allowed foreign ownership for all businesses. Instead the foreign ownership is regulated by the Negative Investment List and limitations are based on business classification
Investment application must clearly state the planned business activities and this is the basis for the business classification. The allowed ownership varies from completely open to completely closed to foreign investment. Indosight consultant will advise you on the exact regulations concerning your activities.
Regardless of the industry, each company must have at least two shareholders. Those can be both individuals and corporate shareholders.
In addition to the shareholders, company must have at least one commissioner (essentially a chairman) and director. Those can be the same as shareholders but don’t have to be. Indosighht also provides the commissioner and director service if required.
Fill out the form below to be contacted by our consultants in Indonesia.
You can also send us an email at jakarta@emerhub.com or call +622122057930
