It is an Investment Plan
The IDR 10 billion is the Authorized Capital (Investment Plan) to be deployed over a realistic business horizon (often up to 3 years or subject to LKPM reporting), not an upfront deposit requirement.
Foreign Direct Investment (FDI)
Indonesia PT PMA Setup:
Indonesia PT PMA Setup:
100% Foreign Ownership & KITAS.
Bypass the 10 Billion IDR capital lock-up myth. We help global founders secure 100% foreign equity, navigate OSS licensing, and unlock the 2-Year Investor KITAS to live and manage your business legally from Bali or Jakarta.
2-Year Investor KITAS
Zero Nominee Risk
OSS NIB Guaranteed
VIP Bank Accounts
350+
PT PMA Formed
Across 20+ specific KBLI sectors
100%
KITAS Approval
For eligible foreign investors
14 Days
Average Setup
From draft to active OSS NIB
98%
Bank Opening Rate
Tier-1 local & int'l branches
PT PMA explained for users
If you want to operate commercially in Indonesia as a foreign investor, PT PMA is the required route.
PT PMA is the practical starting point many global founders compare when they want to do real business in Indonesia, not just maintain a limited presence.
What PT PMA helps you do
-
Operate with a commercial presenceUseful when the business needs to invoice, sign contracts, hire, lease, or run ongoing operations in Indonesia.
-
Unlock Investor Visas (KITAS)Becoming a shareholder or director in a PT PMA is the primary pathway to securing long-term residency in Indonesia (Bali/Jakarta).
-
Plan licensing with the business model in mindThe right setup is not only about incorporation. It is about what the company will actually be allowed to do via the OSS system.
Entity Comparison
PT PMA vs Local Company in Indonesia.
When international entrepreneurs plan to register a company in Indonesia, understanding the boundaries is key.
| Feature | PT PMA (Foreign Investment) | Local PT Company |
|---|---|---|
| Ownership | Up to 100% Foreign allowed | Must be 100% Indonesian |
| Investor KITAS Eligibility | Yes, eligible | No (unless employed as standard expat) |
| Nominee Risk | None (You own the shares legally) | High (Illegal under Indo law to use nominees) |
| Minimum Capital Plan | IDR 10 Billion (Investment Plan) | Subject to company size (Micro/Small/Med) |
The ultimate founder benefit
The 2-Year Investor KITAS
For many international founders, incorporating a PT PMA is fundamentally about securing the legal right to live and manage their business from Indonesia.
-
Up to 2 Years Residency
As a registered foreign shareholder or director of a PT PMA, you become eligible for an Investor KITAS (Index C313/C314), skipping the hassle of standard work permits. -
Live anywhere in Indonesia
Whether you plan to set up an office in Jakarta CBD or manage a remote team from Bali, the Investor KITAS covers your legal stay. -
Processed Concurrently
We align your company incorporation documents perfectly with Immigration requirements so your visa application can begin immediately after the company deed is issued.
The Core Legalities
Ownership, Capital & Registration Costs
Straight answers to the numbers every foreign investor must evaluate before forming a PT PMA.
1. The "100 Billion IDR" Capital Myth
The IDR 10 billion (approx. $650k USD) requirement is the most misunderstood rule. Founders often assume they need this cash on day one. This is incorrect. Here is how it actually works in practice:
Paid-up via Statement Letter
During initial registration, the "Paid-up" capital requirement can often be legally fulfilled by the shareholders signing a Statement Letter of Capital Injection, deferring the immediate need for a massive bank transfer.
Activity dictates cashflow
Your actual cash-in-bank requirement is driven more by your operational needs (payroll, office rent) than by rigid notary rules on Day 1.
2. Foreign Ownership Rules
100%
Foreign Ownership
Allowed in most standard sectors
Thanks to the Omnibus Law reform, the Positive Investment List has drastically opened up the Indonesian market. Most standard commercial activities—including Tech, SaaS, E-commerce, Consulting, and Trading—now allow full foreign ownership without requiring a local partner.
Sector Restrictions & KBLI Check
Highly specific sectors (e.g., local retail or certain logistics) may still mandate a Joint Venture. We mitigate this risk by verifying your exact KBLI (Business Classification Code) before any paperwork is signed.
3. Registration Cost Expectation
Most agencies hide prices until a sales call. We believe in transparency. Setting up a fully compliant PT PMA requires budgeting for the end-to-end framework, not just a single "incorporation" piece of paper.
Formation & Deed
Starting at $1,500 - $2,500. Includes Notary Deed, Ministry of Law (SK Kemenkumham) approval, Company Tax ID (NPWP), and structural drafting.
OSS Licensing (NIB)
Typically $500 - $1,200. Securing your Business Identification Number and standard risk-based commercial licenses (RBA) to operate legally.
Investor KITAS (Optional)
Starting at $800 - $1,200 per person. E-Visa processing and local immigration reporting for your 2-year residency.
Timeline and sequencing
How long does it actually take?
Instead of "it depends", here is the standard timeline for a straightforward 100% foreign-owned PT PMA structure when documents are ready.
1
Days 1-3
Structure & Draft
Finalize KBLI codes, ownership ratios, and sign the Notary Deed (Akta Pendirian).
2
Days 4-7
Ministry Approval
Obtain official legalization from the Ministry of Law and Human Rights (SK). The company legally exists.
3
Week 2
Tax & OSS Setup
Register Company Tax ID (NPWP) and activate OSS RBA to issue the Business License (NIB).
4
Week 3-4
KITAS & Banking
Simultaneously apply for Investor KITAS and open the corporate bank account (e.g., Mandiri, BCA).
The Address Requirement
You cannot use a residential address. A commercial Domicile is mandatory.
To legally form a PT PMA and obtain your NIB (Business License) via the OSS system, you must provide a commercial zoning address. For non-resident founders, a Virtual Office in a prime CBD is the most efficient and compliant solution.
-
Prime CBD Virtual Office
Secure a premium business address in Jakarta (e.g., SCBD) or Bali without the overhead of physical rent. Includes mail handling and meeting room access. -
Zoning Compliance Guaranteed
We ensure the building has the correct zoning permits (IMB/PBG) required to support your specific KBLI (Business Activity) codes.
Frictionless Execution
Do I need to fly to Indonesia to register the company?
No. The entire PT PMA incorporation can be executed 100% remotely.
We understand that global founders manage cross-border schedules. You do not need to visit a Notary in Jakarta to sign the founding documents.
-
Power of Attorney (POA) Process
We draft a localized POA. You simply sign it in your home country, have it notarized/legalized (or apostilled), and send it to us. We represent you before the Indonesian Notary. -
Digital OSS Licensing
Once the entity is formed, the subsequent NIB (Business License) and Tax ID applications are processed entirely online via the OSS RBA portal.
Capital Mobility
Banking, Multi-Currency & Profit Repatriation
A major concern for foreign investors is capital fluidity. Indonesia offers a surprisingly open framework for moving your business profits across borders.
Corporate Bank Accounts
Your PT PMA is eligible to open accounts with top-tier local banks (e.g., Bank Mandiri, BCA) or international branches (e.g., HSBC, Standard Chartered) operating in Indonesia.
- Multi-currency support (IDR, USD, SGD, EUR).
- Internet banking with international wire transfer capabilities.
Dividend & Profit Repatriation
Unlike some emerging markets, Indonesia has no strict foreign exchange controls. As a 100% foreign-owned PT PMA, you retain full control over your capital.
- Profits and dividends can be freely repatriated abroad.
- Subject to standard Withholding Tax (WHT) or applicable Tax Treaty (DTA) rates.
VIP Banking Channel
Skip the retail queues. Access priority corporate banking.
Opening a corporate account for a foreign-owned PT PMA can take weeks of frustrating KYC compliance if done through standard branches. We utilize our direct relationships with tier-one banking executives to fast-track your multi-currency setup.
Multi-Currency Facilities
Operate natively in IDR while holding USD, SGD, or EUR accounts to mitigate exchange rate risks and streamline international supplier payments.
Dedicated English-Speaking RM
You will be assigned a fluent English-speaking Relationship Manager at the corporate branch, bypassing the standard retail banking language barriers.
Top-Tier Bank Network
We match your business model with the right financial institution.
BCA
Bank Central Asia (BCA)
Best for massive local transaction volume.
BM
Bank Mandiri
State-owned, excellent for corporate loans & trade finance.
INT
International Banks
HSBC & Standard Chartered for global group structuring.
Post-Registration Compliance
Stay Compliant: Tax & LKPM Reporting
In Indonesia, setup is just phase one. Failing to meet monthly and quarterly reporting deadlines can result in OSS license suspension. We handle the local bureaucracy so you can focus on growth.
LKPM Reporting (Crucial)
PT PMA companies must submit an Investment Activity Report (LKPM) to the Ministry of Investment (BKPM) every 3 months. This proves you are actively deploying your stated investment capital.
Monthly Tax Compliance
Indonesia requires monthly tax reporting (Withholding Tax, VAT if applicable), even if the company has zero revenue initially. We provide fully outsourced local accounting.
Corporate Secretarial
Maintaining statutory registers, holding Annual General Meetings (AGM), and updating OSS data when company details or director structures change.
Real Outcomes
Built for founders who value speed, compliance, and zero fluff.
"
They clarified the 10 Billion IDR capital myth immediately. We used a Statement Letter, registered the PT PMA, and had our OSS RBA active in under 3 weeks without locking up massive cash upfront. The process felt like a true strategic advisory, not just basic form-filling.
DL
David L.
CEO, TechNova (SG) 🇸🇬
"The value wasn't just in the paperwork. It was linking the incorporation directly to the Investor KITAS. I relocated to Bali legally within a month of starting the process."
SM
Sarah M.
Founder, Aura Commerce 🇦🇺
"Extremely efficient. They not only handled the Ministry approvals but also seamlessly organized our corporate bank account setup, saving us a ton of friction."
MK
Marcus K.
Founder, AnalyticsFlow 🇬🇧
Transparent Pricing
End-to-End Setup Packages
No hidden fees. Choose the tier that matches your entry strategy, whether you just need the entity or a complete setup with residency and compliance.
Core Formation
For teams that already have an office and local accountant.
$1,800 /one-time
- Notary Deed & Ministry Approval (SK)
- Company Tax ID (NPWP)
- OSS Registration & NIB Issuance
- Standard KBLI verification
Most Popular
Comprehensive Setup
Turnkey solution for immediate operational readiness.
$2,950 /1st year
- Everything in Core Formation
- 1 Year Virtual Office (Jakarta/Bali CBD)
- Bank Account Opening Assistance
- Initial Tax & LKPM consultation
Investor Residency
For founders needing company setup plus long-term visas.
$4,100 /incl. 1 KITAS
- Everything in Comprehensive Setup
- 2-Year Investor KITAS (For 1 Person)
- E-Visa & Immigration Processing
- Multiple Entry Permit (MERP) included
* Government fees and third-party Notary costs are generally included in the formation scope, subject to specific KBLI complexities.
FAQ & Practical Insights
Common Concerns for Foreign Founders
Beyond the paperwork: Understanding the operational realities of Indonesia.
How do I know if my specific industry allows 100% foreign ownership?
Indonesia manages access via KBLI codes. While the Omnibus Law opened most sectors (Tech, Consulting, etc.), some like retail or local logistics still have caps. We provide a free KBLI pre-screening to confirm your equity structure before you sign any contracts.
Can I bring my family to live in Bali or Jakarta with me?
Yes. As a PT PMA investor, you are eligible to sponsor your spouse and children for a Dependent KITAS (Index 317). Their residency duration will be synchronized with your Investor KITAS, allowing your whole family to settle legally.
Is a Virtual Office truly compliant for getting a business license (NIB)?
Yes, provided the building has the correct commercial zoning (IMB/PBG). Our virtual offices are in Grade-A CBD buildings that fully support OSS registration and are ready for potential government field inspections.
Do I need to file taxes even if my company has zero revenue in the first year?
Indonesia requires monthly "Nil" tax returns and quarterly LKPM investment reports even without revenue. Failing to report will freeze your OSS license. Our compliance packages handle these filings automatically to keep your entity active.
Are there restrictions on sending my profits back to my home country?
Indonesia has no strict foreign exchange controls. As a 100% foreign-owned entity, you can freely repatriate dividends. We assist in setting up multi-currency corporate accounts (USD/SGD) to facilitate smooth international transfers.
What happens if the registration fails due to policy changes?
We conduct a rigorous pre-check of your business model against the latest regulations. If we cannot secure your Ministry Approval due to an error in our assessment, we offer a full service-fee refund. Your expansion risk is minimized.
Get started
Start your Indonesia setup on stronger footing.
Skip the guesswork. Tell us your business model, and we will verify your KBLI code, confirm foreign ownership limits, and map out your exact timeline and cost.
1-on-1 Consultation
Let's Structure Your
Let's Structure Your
Indonesia Expansion.
Every business is unique. Leave your details below, and a senior corporate specialist from HSJGlobal will contact you shortly to discuss your PT PMA strategy.
-
Free KBLI & Structure assessment
-
Custom quote via Email/WhatsApp
-
100% Confidential & Secure
