Foreign Investment Company PMA in Bali

Foreign Investment Company (PMA)

What is PMA?

A Foreign Investment Company, or PMA (Penanaman Modal Asing), is a business entity established under Indonesian law that allows for foreign investment. PMAs are a key part of Indonesia’s strategy to attract foreign capital, technology, and expertise.

They offer various benefits, including the ability to conduct full business operations in Indonesia, ownership of property, and potential tax advantages. PMAs are subject to certain regulations but provide significant opportunities for international investors looking to enter the Indonesian market, particularly in Bali’s thriving economic landscape.

Essential Documentation

Fill in Bali Visa application form
Name of the company; contains 3 words and can be in foreign language
Sample:
PT Bali Teknologi Internasional:
PT Jasa Logistik Nusantara:
PT Nirvana sports Bali:
PT Pariwisata Kreatif Bali:
PT Garment Maju Internasional:
Address of office or virtual office with lease agreement letter minimum 1 year
Select business purpose/ business category with KBLI code; maximum 5 code
Sample:
Computer Programming Services- 6201
Other Management Consulting Activities- 70209
Hotel Operation- 55101
Wholesale of Textiles, Clothing, and Footwear-4641
Other Information Technology and Computer Service Activities-6209
Additionally, since KBLI codes are periodically updated, ensuring that your selection is based on the most recent information is important.
Choose 2 or more shareholders and percentage share allocations
Copy of passport for foreigner and copy of KTP & NPWP (tax number) for at least 2 shareholders
Directors and Commissioners
Company phone number and email address

Application Processing Time

Generally two or three weeks, but the Indonesian government OSS system has frequent errors and can take a month or more.

Process

Documents checking
Obtain the Company Registration Certificate (Tanda Daftar Perusahaan)from the Ministry of Law.
Obtain a Tax Identification Number (NPWP).
Acquire Business Licenses
Open a Company Bank Account
For this, kitas visa is required.

Terms of Payment

Either full payment (100%) upfront is required, or a 50% initial payment with the remaining balance due upon completion of the company’s deed.
Once the fee is paid, refunds are not available.

Visa Fees and Processing Time

Included:

Preparation of the documentation.
Obtaining official government approvals
Securing the business license.
Federal tax identification number for the company.

Processing takes up to 30 business days, not including weekends, public holidays and immigration closure periods in Indonesia.

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Foreign Investment Company (PMA)