Register Company in Indonesia - Block3 Finance
Registering a company in Indonesia is a hassle-free process with Block3 Finance’s assistance. The Indonesian government has implemented several measures to streamline business operations, fostering a pro-business environment for foreign investors. With our expertise, you can focus on scaling your business while we handle the complexities of registration.
Our Service Package Includes
Indonesia Company Registration
Provision of local resident director
Local company secretary and registered address
Securing Investment Coordinating Board (BKPM) foreign investment approval
Opening a local or international corporate bank account
Annual accounting and tax services
Can Foreigners Register a Company in Indonesia?
Yes, foreigners can register a company in Indonesia, but there are specific requirements. Foreign ownership varies from 0% to 100%, depending on the type of business activities. A minimum paid-up capital of US$250,000 is required to secure the BKPM foreign investment approval.
Timeline for Indonesia Company Registration Block3 Finance will complete the Indonesia company registration process within 12 weeks. The entire procedure can be handled remotely, so you do not need to travel to Indonesia. After completing the registration, you will receive your company documents, including the Certificate of Incorporation, Memorandum & Articles of Association, and other relevant paperwork.
For clients needing quicker incorporation, we also offer shelf company solutions that can set up an Indonesian company and open a bank account within 6 weeks.
How to Register a Company in Indonesia?
1. Choosing a Suitable Business Structure: Our team will assess your business goals and activities and recommend the most suitable business entity for you, such as a Limited Liability Company (PT), PT PMA, or Representative Office.
2. Check if You Meet the Requirements: Once a business entity is chosen, we ensure that you meet all the required government conditions, including the necessary capital and shareholder structure.
3. Reserve Your Company Name: We help reserve your company name through the Ministry of Law & Human Rights. The name must be unique, and clearance will be obtained with the help of a notary.
4. Prepare Required Documents: We assist in preparing all documents required for registration, including passport copies, proof of registered office address, and Memorandum of Association.
5. Apply for Deed of Establishment & Certificate of Domicile: Our team handles the filing for the Deed of Establishment with the Ministry of Law & Human Rights and secures your Certificate of Domicile from the local government.
6. Apply for Business Trading License (SIUP:) We apply for the necessary business trading license to operate legally in Indonesia.
7. Apply for Taxpayer Registration Number (NPWP): We help secure your NPWP (Taxpayer Identification Number) for tax registration and compliance.
8. Register with OSS (One Single Submission System): Once all documents are in order, your company is registered in Indonesia’s OSS system, and you'll receive your Business Identification Number (NIB).
9. Apply for Company Registration Certificate (TDP): We help you apply for the Company Registration Certificate and any other necessary licenses or permits.
10. Open a Corporate Bank Account: Finally, we assist in opening your corporate bank account, liaising with local or international banks based on your preference.
Types of Business Structures Available for Registration in Indonesia
Limited Liability Company (PT): For 100% Indonesian ownership, the PT is the most suitable option. It requires local shareholders and directors.
Foreign-owned Limited Liability Company (PT PMA): If you are a foreign investor, you can register a PT PMA and have 100% ownership. This option requires foreign investment approval from BKPM.
Branch Office: A branch office is an extension of a foreign company operating in Indonesia. The foreign company remains accountable for the branch's activities.
Representative Office: This office can conduct market research and marketing but cannot engage in trading or revenue-generating activities in Indonesia.
Why Choose to Register Your Company in Indonesia?
Political: Environment Indonesia is a stable country in Southeast Asia with good diplomatic relationships and membership in global organizations like ASEAN, WTO, and the United Nations. However, political instability and corruption are present in certain areas.
Economic: Environment With a GDP of $3,871 per capita, Indonesia ranks as the 16th largest economy globally. The government has introduced numerous policies to encourage foreign investment and has a relatively low corporate tax rate of 25%.
Social: Environment Indonesia’s population of over 268 million provides a large labor pool, though there are challenges due to low English proficiency. However, the government is working on improving the country’s education system.
Technological: Environment The Indonesian government is encouraging the growth of tech industries, with initiatives like “Making Indonesia 4.0” to boost the country’s tech capacity. However, there is a lack of highly skilled workers in some sectors.
Thinking of Registering a Company in Indonesia?
Block3 Finance provides a comprehensive solution for your business registration in Indonesia. We offer company formation, registered agent, registered address, and corporate bank account opening.
Contact us to learn more about how to set up a business in Indonesia. Our expert team will respond within 24 hours to address all your inquiries.
