Description
DOCUMENTS REQUIRED FOR COMPANY CREATION
- Company name in 3 words (please send it for validation)
- Company address (virtual office can be used if no physical office)
- Names of shareholders and their respective shares (must appoint a director and a commissioner).
- Foreign address
- Photocopy of shareholders’ passports
- Personal and professional telephone numbers and email addresses
- Address in Indonesia
- List of activities to be carried out by the PT PMA (broad field of activity)
VIRTUAL OFFICE
- The Virtual office provides a virtual address used to domicile the company.
- The price is IDR 8,080,000 per year
PROCESS FOR COMPANY CREATION WITH KITAS
- Creation of the PT PMA (1 month)
- Submission of official company documents
- Opening of the business account
- Deposit $10,000 into the account and send bank statements after two months
- Launch of the Kitas (7 days)
- Receipt of e-visas
- Arrival in Indonesia : 1-month process for finalizing the Kitas.
Important points to note
- PT PMA papers can be modified at any time. Changes require notary approval and take approximately 2 weeks. Modification costs range from IDR 13,500,000 to IDR 17,500,000.
- For Kitas creation, you need to provide photocopies of passports, Indonesian address, ID photo, and 3 latest personal bank statements showing at least USD 2,000.
- During Kitas creation, leaving the territory is not permitted for the first 30 days after arrival in Indonesia. For Onshore Kitas, a minimum stay of 30 days in the territory is required. Recent Indonesian government rule changes require 10 billion PT PMA capital for Kitas acceptance.
- Additionally, $10,000 must be in the company’s bank account during Kitas application.
- Contact an accountant for taxation queries: +62 812-3909-1087.
- Contact OCBC bank to open a professional account in 1 week : Brian OCBC +62 812-3670-0121.
Prices for Kitas
- 2-year OFFSHORE Investor Kitas: IDR 16,000,000 (passport valid for at least 32 months).
- 1-year OFFSHORE Investor Kitas: IDR 13,500,000 (passport valid for at least 18 months).
Kitas extension
- Investor Kitas over 2 years: IDR 15,000,000
- Investor Kitas over 1 year: IDR 12,000,000.
+62 812 3995 1929
