Company Requirements
After your company registration is completed, AdvintA can assist you with the related business requirements as detailed in the schedule below.
This table provides a quick comparison of the company characteristics and its requirements for each legal entity:
Company requirements by legal entity characteristics*
| Characteristics | Ltd. Company (PT) | FDI Ltd. Company (PT PMA) | FCR Office (KPPA) |
| Ownership structure | Minimum of 2 shareholders, 1 director & and 1 commissioner.
Wholly Indonesian ownership & directorship. Beneficiary ownership & indirect directorship for foreigners via nominee ship agreements. |
Minimum of 2 shareholders, 1 director & and 1 commissioner.
Director & commissioner can (also) be shareholders. Wholly foreign or mixed foreign-Indonesian ownership & directorship. |
Chief representative officer, foreign or Indonesian.
Representative of the foreign parent company. |
| Business activity | Business activities in any category are permitted.
Possible to register activities in 3 different business categories. |
All business activities are permitted when not restricted by the Negative Investment List (DNI) | Business activities restricted to market research, marketing & promotion.
Prohibited to sign contracts, issue invoices, or receive payments. |
| Authorized capital | No formal minimum authorized capital.
Prevailing capital per company size: Small: IDR 50 million; Medium: IDR 500 million; Large: IDR 10 billion. |
Minimum investment capital available of IDR 10 billion.
Minimum paid-up capital of IDR 2.5 billion via issue of shares. |
No capital investment requirements. |
| Investment Plan | Not applicable. | Minimum of IDR 10 billion per activity; only applicable for certain business activities which requires a Capital Investment Registration, prior to obtaining the relevant business license. | Not applicable. |
| Tax Obligations | Corporate income tax (PPh 25/29)
Withholding taxes (PPh 23/26). Employee income tax (PPh 21). Value added tax (PPn). |
Corporate income tax (PPh 25/29).
Withholding taxes (PPh 23/26). Employee income tax (PPh 21). Value added tax (PPn). |
Withholding taxes (PPh 23/26).
Employee income tax (PPh 21). |
| Preliminary documentation | Copy of valid Indonesian ID card (KTP).
Copy deed of incorporation (if a shareholder is a legal entity). Company address (and lease agreement or deed of sale & purchase if applicable). |
Copy passport (valid for a minimum of 18 months before the expiry date).
Copy deed of incorporation (if a shareholder is a legal entity). Company address (and lease agreement or deed of sale & purchase if applicable). |
Copy passport (valid for a minimum of 18 months before the expiry date) or copy of valid Indonesian ID card (KTP).
Representative office address and lease agreement office space (or deed of sale & purchase if applicable). Notarized article of association from the (foreign) parent company & letter of reference (legalized by the Indonesian embassy). Letter of appointment from the parent company (legalized by the Indonesian embassy). Letter of intent (legalized by the Indonesian embassy). Letter of statement, to refrain from prohibited business activities (legalized by the Indonesian embassy). |
*This information is not legally binding and may be subject to change
Summary
AdvintA can advice about preparing for the formal capital requirements.
Furthermore, we will check the relevant documentation, set up the format, and compose the contents where applicable, to fully meet the business requirements for each company type.
We can also inform you in detail about the applicable tax schemes and tax obligations.