In general, yes foreigners are permitted to set up businesses in Bali, 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 with foreign direct investment ranging from 1-100%. Foreigners can invest and own a company without a local PMA partner. Foreigners can also be the shareholders, directors, or commissioners in PMA.