Indonesia is the 10th largest economy in the world, according to the latest survey conducted by the World Bank. Among the reasons for which Indonesia ranks this high in the survey is the large number of inhabitants which form the skilled workforce in this country.
Indonesia is made up of several countries, one of the most productive ones being Java, which is home to the country’s capital: Jakarta. Foreign investors who want to create companies in Jakarta must comply with the local legislation which imposes certain restrictions.
Below our company formation agents in Indonesia explain the procedure for setting up a company in Jakarta. Alternatively, we can also assist those who wish to immigrate to Indonesia.
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Requirements to open a company in Jakarta
There is one main structure preferred by investors doing business in Indonesia: the limited liability company. Foreign investors cannot open a simple limited liability company; however, they can set up foreign-owned limited liability companies (PT PMAs) which imply a few additional requirements.
The requirements to set up a foreign-owned PMA in Jakarta are:
– a minimum number of two shareholders who can be natural persons of companies;
– at least one director who must be an Indonesian resident;
– a minimum share capital of USD 7000.000;
– a legal address in Jakarta;
– a local bank account.
At least 25% of the share capital must deposited upon the registration of the company in Jakarta. With respect to the registered address, virtual office services are available at very competitive prices in Jakarta.
Our company incorporation services in Jakarta
If you want to open a company in the Indonesian capital of Jakarta, please note that you can rely on the following services offered by our local representatives:
– preparation of the incorporation documents;
– filing of these documents with the Trade Register in Jakarta;
– bank account opening;
– tax registration;
– VAT registration;
– accounting services;
– virtual office services.
Our consultants can also advise foreign investors on the necessary licenses and permits which must be obtained when starting certain types of businesses in Jakarta.
Please feel free to contact us for a personalized offer for company formation and virtual office services in Jakarta.
If you want to open a company in Jakarta and immigrate to Indonesia, we can help you.