Question: How long does it take to register a company in Indonesia?

How much does it cost to register a company in Indonesia?

Fees

Different Indonesia entity types Cost Draft invoice
100% wholly foreign owned trading LLC US$19,440 View invoice PDF
Representative office US$19,250 View invoice PDF
PT company US$13,500 View invoice PDF
Free zone US$18,100 View invoice PDF

How long does it take to start a business in Indonesia?

How long does it take to start a business in Indonesia? Starting a business in Indonesia ranges from 1 to 3 months – the time taken is highly dependent on how quickly business owners are able to send across company documents, deeds, reports to their market-entry consultants to fulfill the process.

How do I register my business in Indonesia?

To register your company, submit your duly filled application at the Investment Coordinating Board of Indonesia offices.

  1. Obtain your company’s Deed of Establishment (DOE) …
  2. Apply for SIUP (Surat Izin Usaha Perniagaan) …
  3. Apply for Business Registration Number.

How much time is required to register a company?

The Ministry of Corporate Affairs (MCA), under the Companies Act 2013 has made the new company registration process very simple and efficient. You can get your company registered within seven days.

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What is the most profitable business in Indonesia?

What Were Indonesia’s Most Profitable Listed Companies in 2015?

Company Sector Net Profit 2015 (in IDR trillion)
Bank Rakyat Indonesia Banking 25.41
Telekomunikasi Indonesia Telecom 23.32
Bank Mandiri Banking 21.15
Bank Central Asia Banking 18.04

Is it easy to do business Indonesia?

Indonesia is not the easiest place to start an enterprise or, generally, to conduct business. This is reflected by the World Bank’s Doing Business 2018 index in which the country ranks 72nd.

Can Foreigners open business in Indonesia?

Under Indonesian law, a foreigner cannot wholly own a PT, which can only be owned by Indonesian citizens. However, a foreigner can partner with a PT owner through a Nominee Company Agreement.

Can foreigners invest in Indonesia?

To establish a foreign direct investment in Indonesia, then you should go to the Indonesia Investment Coordinating Board (BKPM). … You need the execution of a Deed of Establishment and approval from the Minister of Law and Human Rights of Indonesia to establish Limited Liability Company (Perseroan Terbatas/PT)

Can foreigners buy property in Indonesia?

Can foreigners own freehold property in Indonesia? No, foreigners are not allowed to own freehold property in Indonesia. Instead, we can lease or own properties under other arrangements, such as right-to-build or right-to-use contracts.

How much does it cost to start a business in Bali?

The cost of setting up you PMA company is in the region of $6500 USD and may take as long as 14 days, however you need to fulfill the minimum requirements: Investment plan of at least IDR 10 billion (~ $US 800,000) Minimum paid up capital IDR 2.5 billion.

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