Frequently Asked Questions
Below are the answers to the most frequent questions our company registration agents in Indonesia receive. Our agents have also prepared a video on FAQ in Indonesia:
1. Can a foreign citizen start a company in Indonesia?
Yes, foreign citizens have the same rights as local investors when it comes to opening a company in Indonesia.
2. Do I need a visa if I want to start a company in Indonesia?
A business visa or a residence permit is required for those who want to start a company in Indonesia. Our local consultants can explain the visa requirements for foreign investors.
3. What are the steps to open a company in Indonesia?
The steps related to setting up a business in Indonesia are not many and can be completed in a relatively short time. Our company formation consultants in Indonesia can explain these steps.
4. What are the main types of companies in Indonesia?
There are a few business forms a company can take in Indonesia, however, the most employed one is the limited liability company which can also be fully-foreign owned.
5. What documents do I need to start a business in Indonesia?
The most important documents related to starting a business in Indonesia are the memorandum and articles of association. These can be drafted by our Indonesian company formation consultants.
6. What is the minimum share capital in Indonesia?
The minimum amount of money required to set up a company in Indonesia is around 3,700 USD. However, depending on the company’s size, activities and shareholding structure, the share capital requirements can increase to up to 1,2 million USD.
7. How long does it take to register a company in Indonesia?
Opening a company in Indonesia takes less than in other Southeast Asian jurisdictions. Because of this aspect, many foreign investors are attracted to starting a business here.
8. What are the taxes that I have to pay in Indonesia?
The tax rates in Indonesia are not high; however, the government imposes various taxes which must cause some problems to recently settled foreign citizens. You can rely on our accountants in Indonesia on tax consultancy matters.
9. How can I open a bank account in Indonesia?
Foreign citizens and investors must provide several documents when opening bank accounts in Indonesia. Among these documents, utility bills in the case of foreign employees and the certificate of incorporation in the case of companies are a must.
10. Why should a foreign investor open a company in Indonesia?
The prosperous economy, the swift and simple company registration procedure and the special legislation favoring foreign investments are just a few of the reasons why it is worth considering Indonesia for starting a business in.
If you want to open a company or have any other questions, please feel free to contact our company registration advisors in Indonesia.