Registration of a company in Indonesia

Name of service Bronze Silver Gold Platinum Brilliant
Checking and reserving the company name in the "One Single Submission" system Checking the availability of the company name you have chosen and booking it in the One Single Submission register
Company registration, including government fees (PMA) Preparation of all necessary documents, including payment of state fees, and submission to the relevant authorities
Registration of an Indonesian Tax Identification Number (NPWP) Collecting, processing and submitting the necessary documents to obtain an NPWP number in the tax institution of Indonesia for obtaining other business licenses, opening a bank account and fulfilling tax obligations
Obtaining an Indonesian Business Identification Number (NIB) Collection, registration and submission of the necessary documents to obtain a NIB number for conducting direct business transactions
Foundation Agreement (for GRAIN) Preparation of a full package of constituent documents of a company of any form of ownership
Company Seal Production of the company's seal
Support in opening a corporate account in: Bank Rakyat Indonesia, Bank Negara Indonesia Collection, registration and submission of the necessary documents for opening a corporate account of the company
Support in opening a personal bank account Collection, registration and submission of the necessary documents for opening a personal account
Services of a local director for 1 (one) year Provision of a nominee director resident in Indonesia for signing company contracts and maintaining the confidentiality of the founder's data
Provision of services of a nominee shareholder for 1 year Provision of a nominee shareholder of a resident of Indonesia
Free consultation We offer a free consultation where you can discuss your needs and questions regarding the registration and management of the company. Our experts will be happy to help you understand the process and provide recommendations based on your situation. We will be happy to answer your questions and help you make an informed decision regarding the necessary services
Total cost
3500 USD 4500 USD 5000 USD 11000 USD 17000 USD
Provision of a legal address for 1 (one) year
1500 USD 1500 USD 1500 USD 1500 USD 1500 USD
Remote company registration with transfer of authority
500 USD 500 USD 500 USD 500 USD 500 USD
Accounting services
350 USD 350 USD 350 USD 350 USD 350 USD

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    Select your
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    Pay for our services
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    Receive all necessary
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    Receive details
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Indonesia is frequently underestimated as the target jurisdiction for running a business. Still, it has rather developed financial market and can open numerous opportunities for businessmen in other fields also. This short overview may help you with considering Indonesia as an option for realization your business objectives.

Forms of Legal and Business Presence

If you intend to establish your business and legal presence in Indonesia, you may do this in the next forms:
  • Limited Liability Company (LLC) – a vehicle where the liability of founders (shareholders) is limited to the amount of their funds invested in this company. The minimum equity capital for this entity constitutes IDR 2,5 billion (around 177,000 USD) for LLC with the foreign ownership. This entity can be formed by two shareholders at least.
  • Public Limited Liability Company (also may be a Publicly-Listed Company) – a vehicle designated mostly for public offerings of shares for raising capital. The minimum number of shareholders of this entity is 300. If the entity intends to be listed, the number of shareholders should be at least 1,000. The minimum amount of the statutory capital is IDR3 billion (approximately USD 212,000) for both a public limited company and publicly-listed company.
  • Representative Office – Indonesian legislation allows establishing a business presence for corporate entities only for conducting promotional and marketing activities. This vehicle may be suitable only if you want to test business opportunities that Indonesia offers. For more substantial transactions, LLC may be required.
  • Joint Venture – an agreement between the foreign and local companies that regulate the joint conduction of business operations. This vehicle may be especially suitable if you intend to conduct business in Indonesia.
Establishing partnerships in Indonesia is not allowed for non-residents.

Registration Requirements and Steps

If you consider an option of opening a company in Indonesia, LLC for instance, you may need to pass these preliminary steps:
  1. Defining your business priorities in Indonesia.
  2. Selecting your business name and verifying such.
  3. Collecting information about founders and beneficiary owners.
  4. Opening a bank account for depositing at least 25% of the company’s chartered capital.
  5. Drafting and notarizing statutory documents of the prospective entity.
  6. Submitting documents for the approval of the company’s articles of association to the Ministry of Law and Human Rights.
  7. Arranging the registered address for a future company – obtaining a certificate of domicile.
  8. Registration for tax purposes.
  9. Registration of the company in the Company Registry through the Online Single Submission system. As a result of such submission, the applicant will get a business registration number and a business license for a newly-formed company.
  10. Registration for social security purposes.

Legal and Regulatory Framework

The legal and regulatory framework of this country may be generally considered as favourable. The registration procedure is quite straightforward and has been simplified. Still, you should keep in mind certain restrictions for doing business by foreigners in certain areas. Indonesia has its local list of such types of activities that is updated from time to time. If you have any specific request, Aotopay specialists may consult you more precisely. The procedure of establishing and running a company in Indonesia is regulated by the Civil and Commercial Codes, the Company Act. If you intend to form an entity here, you may need to deal with the Ministry of Law and Human Rights, the Ministry of Manpower and Transmigration.

Advantages of the Jurisdiction

If you consider an option of company formation in Indonesia, you may potentially enjoy these benefits the jurisdiction offers:
  • One of the largest labour markets in Asia with qualified employees
  • Developed financial sectors
  • Availability of approximately 12 special economic zones
  • Zero exchange control

Tax System

Opening company in Indonesia may also turn out to be beneficial for your global business because of these tax advantages:
  • Corporate income tax (CIT) rate – 22 %
  • Personal income tax (PIT) rate – 30 %
  • VAT – 10 %
  • Capital gains tax rates – (i) corporate – as the basic CIT rate and (ii) individual – as the ordinary PIT rate.
  • Withholding tax rates for non-residents – (i) dividends – 20 % (ii) interests – 20 % (iii) royalties – 20 %.

How Aotopay Specialists May Help You

If you think about Indonesia as your target jurisdiction, Aotopay specialists may consult you a more precisely on the peculiarities of the incorporation procedure, requirements for registration documents, conduct this registration, and open a bank account. Our professionals will be also glad to assist you with resolving other matters that may potentially arise. Reach us shortly for more precise discussions.

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