Overview
PMA Set up allows you to open your own business in Indonesia. It can be created using full foreign capital or partially with a domestic investor.
Once you have your own PMA you can apply for a foreign investment Kitas under your own company, with Kitas you have the flexibility to enter and exit the country as you wish.
The Eagle is able to provide comprehensive advice on the requirements an procedures for company establishment under applicable regulations.
Requirements
- Company name (minimum 3 words and 3 letters)
- Minimum 2 shareholders (one as Director and one as Commissioner)
- Copy of passport for both shareholders
- Information on capital share percentage for each shareholder
- Business purpose / category
- Office address (Virtual Office service available if no physical office)
Inclusions
- Company name reservation
- Notary’s deed of company establishment
- Ministry of Law & Human Rights certificate (SK)
- OSS (One Single Submission Risk-Based Approach) account
- Business License / NIB
- Company Tax Number (NPWP)
- Tax Registration Certificate
- Bank account opening
- Checking Distributed to Paid-in Capital (DPI)
Process
- Company details & name reservation (includes business category)
- Deed signing (Power of Attorney if the process is handled by us)
- Registering NIB & Business License
Processing Time
- Notary Process: 5 Working Days
- NIB & Business License Registration: 5 Working Days
Additional Services
- Tax and LKPM Report (2 Years)
- Virtual Office (2 Years)
PMA Indonesia or PT. PMA is also known as a Foreign Owned Company. This is a form of legal entity created under the Indonesian Law in which foreign investors can choose to conduct business in Indonesia to generate revenues or profit.
You can add as many business activities as you want, but keep in mind that you have to report the tax and LKPM of each business activity or KBLI ( Business Classification Number)
Yes, you can start setting up a PMA even if you don’t have an office yet. You can use a virtual office.
No, in order to create a PMA in Indonesia, you can sign the documents digitally if you are overseas.