Jogja Law Office – HMPLawoffice.com – Foreign Direct Investment (PMA) in Indonesia is an investment allowed by Indonesian law for investors from abroad. Investors if they want to invest in Indonesia must pay attention to several provisions in the Investment Law, namely Law Number 25 of 2007. PMA establishment for foreign nationals must have an Investor Limited Stay Permit Card (KITAS) and must have a company in the form of a PT (Limited Liability Company) with at least two or more shares owned. Some ways that can be done are by taking shares at the time of PT establishment, buying shares and doing other ways in accordance with the provisions of laws and regulations. – Lawyer in Indonesia / Advocate Indonesia / Investment in Indonesia / Corporate Lawyer in Indonesia
The establishment of a PT PMA ( Foreign Direct Investment (PMA) ) must pay attention to its business fields because not all business fields are allowed because based on the provisions of Presidential Regulation No. 10 of 2021 stipulates that there are several types of business fields that are open and closed to foreign investors. So, the first step that must be considered if you want to establish a PT PMA is to classify the type of business in accordance with KBLI (Standard Classification of Indonesian Business Fields).
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Second, determine the area or place of business implementation. Third, the investment value must be greater than ten billion rupiah (Rp. 10,000,000,000) apart from the value of land and buildings, and the initial capital that must be paid up at the time of PT establishment is at least ten billion rupiah ((Rp. 10,000,000,000). – Law Firm Indonesia / Law Office / Advocate Indonesia / Attorney in Business.
In addition, in the preparation of the deed of establishment of PT PMA must be made and signed before a local notary after that apply for a Trade Business License (SIUP) to the Department of Industry and Trade, register a Business Entity to the Directorate General of General Legal Administration (Dirjen AHU) and then register a Business Identification Number (NIB) through Online Single Submission (OSS). Then, another thing to note is related to the Corporate Taxpayer Identification Number obtained after registering the company with the tax office.
After that, apply for a Principle License to the BKPM (Investment Coordinating Board) and achieve the type of business to be carried out then BKPM will recommend and give approval to establish a PT PMA. Finally, PT PMA must apply for a Permanent Business License (IUT) to BKPM to obtain an official permit and legally be able to start business operations to be undertaken. – HMP & Associates Law Office
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