{"id":9526,"date":"2021-01-30T05:55:08","date_gmt":"2021-01-30T02:55:08","guid":{"rendered":"https:\/\/almahaindo.com\/%d9%83%d9%8a%d9%81-%d8%aa%d9%86%d8%b4%d8%a6-%d9%85%d8%b4%d8%b1%d9%88%d8%b9%d9%8b%d8%a7-%d8%aa%d8%ac%d8%a7%d8%b1%d9%8a%d9%8b%d8%a7-%d9%81%d9%8a-%d8%a5%d9%86%d8%af%d9%88%d9%86%d9%8a%d8%b3%d9%8a%d8%a7\/"},"modified":"2021-12-07T06:10:29","modified_gmt":"2021-12-07T03:10:29","slug":"how-to-set-up-a-business-in-indonesia","status":"publish","type":"post","link":"https:\/\/almahaindo.com\/en\/how-to-set-up-a-business-in-indonesia\/","title":{"rendered":"How to set up a business in Indonesia"},"content":{"rendered":"\t\t
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\r\n How to set up a business in Indonesia<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Are you considering starting a business in Indonesia, but have no idea how or what your options are? Check out this helpful article with (PT.Almaha for public services) Incorporation Specialist!<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Find out how to set up a business in Indonesia, In this article we will answer some of the most common questions related to starting a business and gives her hints and tips to ensure your Business Establishment goes smoothly and successfully.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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First and foremost; what are the different types of business entities one can establish in Indonesia?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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There are a number of different business entities in Indonesia, however the most common are Local Company, commonly known as a PT, a foreign owned company, commonly known as a PMA and finally a Representative Office which is great for new businesses who are looking to test the market in Indonesia.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How do you know which is the right entity for your business?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We would recommend setting up a PT if you are Indonesian citizen, have local partners or do not have a large amount of investment capital.<\/p>\n

We would recommend setting up a PMA if you are a foreigner and would like to have 100% ownership of your business.<\/p>\n

Finally, we would recommend establishing a Representative Office if you are planning to do market research before opening up an official office. The additional benefit being \u2013 you can convert it to a PT or PMA at a later date.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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What are the advantages and drawbacks between setting up a PMA V a PT?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The advantage of setting up a PT is that it is much simpler to establish, the requirements are less strict and the paid-up capital required to register the business is substantially less than a PMA. The only negative for expatriates is that the share should be 100% local, although additional addendums to protect yourself can be arranged.<\/p>\n

The PMA advantages are that the company can be fully owned by a Foreign owner which gives the company safety and the ability to run it exactly as they want. The negatives however include that large amount of capital required to start the business and there are restrictions on the business sectors you can operate in.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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What is paid up capital and how does that effect the business set up?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Paid up capital is the amount of money the shareholder invests into the business. The amount varies depending on whether the business is a PT or a PMA and the proposed size of the business.<\/p>\n

There are 2 ways to prove the paid up capital; one being to send a copy of your company bank statement which shows the investment amount, the second option is to sign a statement letter acknowledging that you will invest the capital in the future.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The paid up capital amounts are as follows:<\/strong><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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PT :<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Small: Above IDR 50.000.000 \u2013 500.000.000<\/p>\n

Medium: Above IDR 500.000.000 \u2013 10.000.000.000<\/p>\n

Large: Above IDR 10.000.000.000<\/p>\n

Please note, that if you want to employ foreigners, in a PT, the company size must be at least Medium with a paid in capital above IDR 1.100.000.000.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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PMA:<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Being a foreign owned company the investment value is significantly higher than that of a PT. The investor should invest above USD 1 million \/ 10 Billion IDR as their investment plan, with a paid-up capital above USD 250.000.000 \/ 2.5 Billion IDR. The Investment plan can either be cash or fixed assets, such as machinery.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Once the Company is established, what do you need to do next?<\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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After the Company is established, there are several compliance areas which the Company must adhere to. For example, the Company should apply for BPJS (Social Security and Health Security), open a Bank Account, make a Company Regulation (if the Employees exceed 10 people), apply for a KITAS for Foreign Employees, apply for a company Trademark to the Ministry of Law & Human Rights to name a just few.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Are there any ongoing monthly costs related to the business establishment or any documents that need extending each year?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The only costs after company incorporation are the costs of renewing a letter of domicile which generally extends to one year.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Other potential costs may arise if you wish to conduct audits in relation to the domicile of the company, the board of directors, the board of commissioners, paid-in capital or the purpose of the company.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How much does it cost to set up a company in Indonesia and how long does it take?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The cost to set up a business in Indonesia can vary depending on which agency you choose to use. At pt.Almaha for public services we charge 13 Million IDR to set up a PT, 23 Million IDR to set up a PMA and 20 Million IDR to set up a Representative Office. Both a PT and a PMA take approximately 30 days to establish, however a Representative Office can take on average between 1 \u2013 2 months.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Our Business Establishment customers save on average between 4 \u2013 7 Million IDR by using pt.Almaha for public services \u2013 A substantial saving for anybody!<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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At pt.Almaha for public services, what are the services you provide and what distinguishes it from other agencies?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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At pt.Almaha for public services we offer a variety of services all designed to help make the Company Establishment process smooth and stress free. We can assist you to make a PT, PMA, Representative Office as well as assist apply for a trademark, review and draft legal contracts, draft company regulation and assist with general meetings with Shareholders, Directors & Commissioners.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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In addition, we help our customers find office space and help negotiate the rental price (which is a free service).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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What sets us apart from the competitors is the fact we are the only Agency in the Jakarta that advertises our prices both on and offline. We are strong believers in ethical practices, which is why we give honest and clear information for the world to see. We are not afraid to advertise our prices, why would you trust an agency that is?<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Our other strength that sets us apart from the rest, is that our office is located in Jakarta. We are the only Agency in Jakarta where our customers can walk in and meet us face to face if they have a query or would like to ask us a question.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Do you want to know more? Check out the helpful guides below by clicking on the links?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Company Establishment in Indonesia – Your Questions Answered<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Registering a Trademark in Indonesia – How to Protect Your Business<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Business Establishment \u2013 The Process and Requirements<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How to revise Company Documents in Indonesia<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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If I need help setting up a company or have any questions, how can I contact you?<\/span><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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If you are interested in setting up a company or would like a free consultation – feel free to contact me, either by
\nT: +6221-6540-177 \/ +6282-110-914-010 \/ +6282-110-914-050 E: pt.almahaindo@gmail.com<\/a> Or visit us at the office pt.Almaha for public services, located in Jakarta!<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Get Your Free Consultation<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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