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Business Setup
The first step in extending your company's operations into Indonesia is to establish a company. Foreign-Owned Company (PT PMA) or Representative Office are the way to go.
Key Services
Company Establishment (PT PMA)
Establishing a company is the first step to expanding your business operations into Indonesia. There are many options business owners can opt for, but the most common types are a Foreign-Owned Company (PT PMA) or Representative Office. Each has its benefits, and one may be better suited for you based on your business expansion objectives.
PT PMA is the only legal entity in Indonesia that allows up to 100% foreign ownership. However, each sector has regulations on their permitted business activities as well as the maximum amount of shares foreigners can own determined by the Positive Investment List.
Virtual Office
Renting a serviced or virtual office is an efficient way to start a flexible business. YOURS can guide you on your business journey, starting with setting up a new serviced or virtual offices in Indonesia.
Serviced and virtual offices pose as a clear solution to obtaining a domicile letter for your company. YOURS offers serviced and virtual offices to benefit your company’s setup process. As for our virtual offices, investors will be able to register the address and domicile letter without renting office space for the new company. Your business will be registered at one of our offices.
Business Permits and Licenses
To engage in general trading, goods, or other services as a business in Indonesia, you’ll need to do two things. First, set up a business and acquire an Indonesian business license. Aside from a general business license, some companies may need more specific permits and licenses to operate legally, such as a commercial alcohol license.
The Ministry of Investment (BKPM) is the regulatory body responsible for processing licenses for several sectors in Indonesia. These licenses cannot be obtained via OSS, so you must apply directly to the Ministry of Investment to acquire them.
To register your business, you must use the Online Single Submission System (OSS). The OSS is a one-stop shop for business licenses. Here you can apply for a business identification number (Nomor Induk Berusaha, or NIB), business license, and other commercial and operational permits.
PBG / SLF Permits
Within the property business, one of the permits and certifications that must be obtained is a Persetujuan Bangunan Gedung (PBG) or “Building Permit” and a Sertifikat Laik Fungsi (SLF) or “Functional Eligibility Certificate”.
Legal Due Diligence
Due diligence services include independent investigations in the target land & building as well the background & ownership rights, notarial legal documentation & agreements. In addition, conduct a comprehensive review of the land & building compliance with respect to the regulations in Indonesia. Examples include whether the land & building taxes are fully paid or whether the Building has its permit & licenses. And leverage on our comprehensive and reliable data source as well as our team of experienced professional to conduct objective, full and comprehensive data such as to help business decision-makers to avoid any risk upon purchasing the property, thereby preventing them from incurring financial loss or even legal penalties or administrative fines.
Legal Agreement Services
Our legal agreement services in Indonesia also cover various business sectors. We can draft a tailored legal agreement based on your interests. Before drafting the agreement, we provide legal consultation and legal interpretation of the Indonesian regulations, so you will clearly understand the agreement you are about to sign.
Document Establishment Revision Service
Establishing companies in Indonesia is a process that should be handled carefully. It is a requirement to have your licenses to comply with Indonesian regulations, such as the Article of Association (AKTA), Deed of Establishment (SK), Company’s Tax ID (NPWP), Domicile Letter, Business License Number (NIB), and other commercial licenses following business activities (KBLI). Keeping all the documents up to date as the company operates is also important. Changes in the company are inevitable, and such changes should be recorded accordingly. Therefore, by assisting in updating business documents, InCorp can save time while you optimize operations in business.
Employement Agreement
Based on Article 50 Law Number 13 of 2003 Concerning Manpower, working relations shall arise from working agreements between entrepreneurs and workers. Therefore, providing an employment agreement draft based on the general industry usage or tailor-made employment agreements is a notable service from InCorp. Per clients’ requests, the agreement also covers general regulations from Indonesia’s current manpower law on Indonesian labor, the employer’s internal policies, employees’ rights, and duties – all within 12 days.
Company Establishment (PT PMA)
Establishing a company is the first step to expanding your business operations into Indonesia. There are many options business owners can opt for, but the most common types are a Foreign-Owned Company (PT PMA) or Representative Office. Each has its benefits, and one may be better suited for you based on your business expansion objectives.
PT PMA is the only legal entity in Indonesia that allows up to 100% foreign ownership. However, each sector has regulations on their permitted business activities as well as the maximum amount of shares foreigners can own determined by the Positive Investment List.
Business Permits and Licenses
To engage in general trading, goods, or other services as a business in Indonesia, you’ll need to do two things. First, set up a business and acquire an Indonesian business license. Aside from a general business license, some companies may need more specific permits and licenses to operate legally, such as a commercial alcohol license.
The Ministry of Investment (BKPM) is the regulatory body responsible for processing licenses for several sectors in Indonesia. These licenses cannot be obtained via OSS, so you must apply directly to the Ministry of Investment to acquire them.
To register your business, you must use the Online Single Submission System (OSS). The OSS is a one-stop shop for business licenses. Here you can apply for a business identification number (Nomor Induk Berusaha, or NIB), business license, and other commercial and operational permits.
PBG / SLF Permits
Within the property business, one of the permits and certifications that must be obtained is a Persetujuan Bangunan Gedung (PBG) or “Building Permit” and a Sertifikat Laik Fungsi (SLF) or “Functional Eligibility Certificate”.
Legal Due Diligence
Due diligence services include independent investigations in the target land & building as well the background & ownership rights, notarial legal documentation & agreements. In addition, conduct a comprehensive review of the land & building compliance with respect to the regulations in Indonesia. Examples include whether the land & building taxes are fully paid or whether the Building has its permit & licenses. And leverage on our comprehensive and reliable data source as well as our team of experienced professional to conduct objective, full and comprehensive data such as to help business decision-makers to avoid any risk upon purchasing the property, thereby preventing them from incurring financial loss or even legal penalties or administrative fines.
Legal Agreement Services
Our legal agreement services in Indonesia also cover various business sectors. We can draft a tailored legal agreement based on your interests. Before drafting the agreement, we provide legal consultation and legal interpretation of the Indonesian regulations, so you will clearly understand the agreement you are about to sign.
Document Establishment Revision Service
Establishing companies in Indonesia is a process that should be handled carefully. It is a requirement to have your licenses to comply with Indonesian regulations, such as the Article of Association (AKTA), Deed of Establishment (SK), Company’s Tax ID (NPWP), Domicile Letter, Business License Number (NIB), and other commercial licenses following business activities (KBLI). Keeping all the documents up to date as the company operates is also important. Changes in the company are inevitable, and such changes should be recorded accordingly. Therefore, by assisting in updating business documents, InCorp can save time while you optimize operations in business.
Employement Agreement
Based on Article 50 Law Number 13 of 2003 Concerning Manpower, working relations shall arise from working agreements between entrepreneurs and workers. Therefore, providing an employment agreement draft based on the general industry usage or tailor-made employment agreements is a notable service from InCorp. Per clients’ requests, the agreement also covers general regulations from Indonesia’s current manpower law on Indonesian labor, the employer’s internal policies, employees’ rights, and duties – all within 12 days.
Would you like to start a project with us?
We would gladly to answer all question and give our best comprehensive advice. Please do not hesitate to reach to us.