Registering PT PMA in Indonesia
A FOREIGN-OWNED COMPANY IN INDONESIA, KNOWN AS PT PMA, HAS BEEN DESIGNED TO MEET THE NEEDS OF FOREIGN ENTREPRENEURS
On the contrary to the incorporation process of a local company or a representative office, establishment of a foreign-owned limited liability company (LLC) in Indonesia might be more challenging and time-consuming.
The Negative Investment List stipulates the maximum allowed foreign ownership in particular business sectors, causing some industries to be fully closed or only partially open to foreigners. Therefore, having an expert partner in Indonesia or engaging professional assistance becomes a critical point to succeed when forming an international company in Indonesia.
BENEFITS OF A FOREIGN-OWNED COMPANY
benefits-of-PT-PMA Although the establishment process is more demanding, foreign-owned companies offer vital benefits that entirely compensate the previously invested time and efforts.
Employment of Foreign Workers
A foreign-owned company can sponsor and issue work permits as well as stay visas (working ITAS) for its international employees.
Furthermore, this kind of company is allowed to sponsor business visas of its business partners and clients arriving in Indonesia for a short stay.
Full International Ownership
To attract more foreign investors and multiple investments critical to the Indonesian economy, Indonesia has been relaxing the limited foreign ownership lately. Wholly-owned foreign companies became less rare, and it is, therefore, likely that you can start an international company without any partnership or local shares of your property.
STARTING A LIMITED LIABILITY COMPANY WITH PNW
In case, the business sector in which you intend to incorporate a company does not offer independent international ownership, we suggest opting for a limited liability company registration through a joint venture with a local partner —PNW.
This process will give investors the full control over the management of their company, no restrictions related to business fields, and minimize risks of setting cooperation with an unreliable partner.
Assistance and Consultancy
Whether additional licences are required in your business field, the government issued a new regulation related to your business plan, or if the joint-venture agreement contains all crucial points, you will get to know it straight away with the assistance of PNW.
We will not only advise you on the incorporation process but also lead the whole procedure independently on your behalf.
If you are not sure what type of company which is suitable for your business, contact us via WhtasApp below or visit us in one of our offices located in Bali. PNW will assist you to establish your local company in Indonesia based on your needs.