Permitindo is among the most informed, knowledgeable, connected, and professional agents I have enjoyed working with. They offer exceptional value and strong and effective communication that other agencies do not or cannot provide. I chose them from around five different agencies. Their continued support is invaluable.
In general, yes foreigners are permitted to set up businesses in Indonesia, however, certain companies are restricted to foreign ownership and others where foreign ownership stakes are limited by law. Please get in touch with us for more information.
PT (Perseroan Terbatas) is the Indonesian term for a limited liability company.
PT PMA (Penanaman Modal Asing) is a limited liability company established with foreign direct investment, allowing foreign ownership from 1% to 100%. Foreigners can serve as shareholders, directors, or commissioners. However, not all business activities are fully open to foreign ownership—some sectors are subject to foreign ownership restrictions as regulated by the Indonesian government.