Great services - fast and clear
Brendan RakphongphairojVery professional
Arian MajestaGreat service!
Laura ShangConsidering the constantly changing and often unclear regulations here, Permitindo is by far among the most informed, knowledgable, connected, and professional agents I have had the pleasure of working with.... read more
T. S.Exactly what I needed. Trustworthy, Competent and fast.
Jeremiah JusufWe worked with Anita and her team to set-up our business in Indonesia and the process was very smooth. They were great about explaining the details to us and helping... read more
Holly PerkinsHad a great experience with this company, recommend all in need of employment pass to go through Permitindo!
Noah HajiIf you're looking for work permits, business registrations, certifications or any type of business consulting - these are the goto guys. Great service.
Brendan LimnIn general, yes foreigners are permitted to set up businesses in Indonesia, however, certain businesses 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.
The PMA / PMDN incorporation process takes about 2-3 weeks.
1. The minimum investment requirement for Foreign Investment Companies (PMA) is set at more than IDR 10 billion (excluding land and buildings) for each 5-digit KBLI code per project location. Exceptions apply to specific sectors as follows:
- Wholesale trade: more than IDR 10 billion (excluding land and buildings) per 4-digit KBLI code.
- Food and beverage services: more than IDR 10 billion (excluding land and buildings) per 2-digit KBLI code per location.
- Construction services: more than IDR 10 billion (excluding land and buildings) per 4-digit KBLI code.
- Industries producing multiple products within a single production line: more than IDR 10 billion (excluding land and buildings).
- Property development and management: minimum investment of more than IDR 10 billion with specific provisions apply.
2. The minimum paid-up/issued capital for each PT PMA is IDR 2.5 billion.
These thresholds are established by the government to ensure that foreign direct investment (FDI) contributes to national development objectives by fostering large-scale investment, creating employment, enabling technology transfer, and enhancing domestic industrial competitiveness.