Foreign investors who want to do business in Indonesia usually do so through a foreign-owned limited liability company, known as a PT PMA. Much of the process runs online through the OSS (Online Single Submission) system, but the preparation matters more than the paperwork.
1. Check your business lines
Every business activity is classified under a KBLI code. Most business lines are open to full foreign ownership, but some are reserved or limited. Confirm your codes before anything else.
2. Plan your investment and capital
A PT PMA must meet the minimum investment and paid-up capital requirements set by the Ministry of Investment. These thresholds have been revised in recent years, so confirm the current figures when you plan.
3. Shareholders and management
A PT PMA needs at least two shareholders, at least one director and at least one commissioner. Decide early who will hold these roles. We strongly advise against nominee arrangements.
4. Licences
After incorporation, the company obtains its business identification number (NIB) through OSS, followed by any sector-specific licences based on the risk level of its activities.
5. After you launch
- Register for tax and obtain the company’s tax number
- Register employees with BPJS
- Submit regular investment activity reports (LKPM)
Getting the structure right at the start saves time and cost later. We help investors plan their entry and handle the setup from start to finish.