
In 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 PMDN (Penanaman Modal Dalam Negeri) is a limited liability company with 100% local/domestic direct investment. Foreigners can not be shareholders in PT PMDN.
The PMA / PMDN incorporation process takes about 2-3 weeks.
- Micro: a maximum of IDR 1 billion (excluding land and buildings)
- Small: more than IDR 1 billion and up to IDR 5 billion (excluding land and buildings)
- Medium: more than IDR 5 billion and up to IDR 10 billion (excluding land and buildings)
- Large: more than IDR 10 billion (excluding land and buildings)