Foreign Investment Company (PMA)

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A PMA (Penanaman Modal Asing) is a foreign investment business entity that allows foreigners to establish and own a company in Indonesia. It facilitates foreign direct investment and can be wholly owned by foreign investors or in partnership with local investors. This type of company enables foreigners to invest, operate, and manage businesses in Indonesia.

Formation of Foreign Investment Company (PMA)


  • IDR 25.000.000

Period of validity

  • Permanent

Processing time

  • 30 business days.

With this company, you CAN

  • Fully own a business in Indonesia as a foreign investor.
  • Manage and operate your business under Indonesian law.
  • Apply for a Foreign Investment KITAS (work permit) for directors and commissioners.

With this company, you CAN NOT

  • Engage in activities reserved for Indonesian-owned companies in certain sectors.
  • Operate without complying with Indonesian regulations on foreign investments.

Document Requirements

  • Bali Visas application form.
  • Choose company name (provide 3 different name options) and business address.
  • Select business purpose/ business category.
  • Choose shareholders and percentage share allocations.
  • Execute company deed of establishment with the notary.
  • Scan of the identity and signature pages of shareholders' passports (no photos, must be a color scan).

Price above exclude

  • NPWPD (regional tax registration) - IDR 1.000.000.
  • NPWP (personal tax registration per shareholder) -  IDR 1.000.000.
  • LKPM (investment activity report - required every 3 months) - IDR 2.000.000.
  • RUPS (modifications of shareholders agreement) - IDR 8.500.000.
  • Virtual Office (if required) - IDR 6.000.000/year.


  • Please be aware that international bank transfers can take up to 5 business days to clear in Bali.
  • Please be aware that business day does not include public holidays and weekends.
  • Processing of your application will commence only after the funds have successfully cleared into our account.

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