PT Local (PMDN)
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A PT Local, or Local Investment Company (PMDN), is a business entity in Indonesia exclusively for Indonesian citizens. It is fully owned and managed by Indonesians, ensuring that all ownership and control remain with local citizens, following Indonesia's regulations for local investments.
PT LOCAL (PMDN)
Price
- IDR 10.000.000
Period of validity
- Permanent
Processing time
- 30 business days.
With this company , you CAN
- Fully own and operate a business in Indonesia as an Indonesian citizen.
- Conduct business activities across various sectors within Indonesia.
With this company, you CAN NOT
- Have foreign ownership; must be owned entirely by Indonesian citizens.
- Engage in certain sectors reserved for foreign investment.
Document requirement
- 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.
NOTE:
- 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.
Other services
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