How to Set Up a PT PMA in Indonesia: A Step-by-Step Guide for Foreign Investors

Indonesia continues to be one of the most attractive investment destinations in Southeast Asia. However, for many foreign entrepreneurs, the initial legal steps can feel overwhelming. The most common vehicle for foreign investment is the PT PMA (Perseroan Terbatas Penanaman Modal Asing).

At Moizin Indonesia, we specialize in streamlining this process. Here is your essential guide to establishing your business in the Archipelago.

1. Understanding the Minimum Capital Requirement

The most critical point for any foreign investor is the capital requirement. To ensure that foreign investments contribute significantly to the economy, the Indonesian government (BKPM) sets a high bar:

• Minimum Investment Plan: IDR 10 Billion (approx. USD 650,000+).

• Minimum Paid-up Capital: IDR 10 Billion.

• Note: This investment plan should be realized within a specific timeframe and excludes the value of land and buildings.

2. Checking the Positive Investment List (DPI)

Not all business sectors are open 100% to foreign ownership. Some are restricted, while others require a local partner.

• Moizin’s Tip: Always check your KBLI (Business Classification) against the latest Presidential Regulation. We can help you identify if your business sector is fully open or requires specific partnerships.

3. The Incorporation Process

Once your capital and sector are cleared, the formal process begins:

• Deed of Incorporation: Drafted by a Notary and approved by the Ministry of Law and Human Rights.

• NIB (Business Identification Number): Issued via the OSS RBA system. This serves as your basic license, import ID, and customs access.

• NPWP (Tax ID): Essential for all financial and banking transactions in Indonesia.

4. Securing Your Investor KITAS

One of the biggest perks of a PT PMA is the Investor KITAS (Index E23). This residency permit allows shareholders to live and manage their business in Indonesia with significant benefits:

• No work permit fee (DKP-TKA) for eligible shareholders.

• Validity of up to 2 years (renewable).

• Ease of entry and exit from the country.

Why Partner with Moizin Indonesia?

Navigating Indonesian bureaucracy requires more than just a checklist; it requires local expertise and constant monitoring of regulatory changes. As part of PT. Lestari Group International, Moizin Indonesia offers a transparent, professional, and high-standard service for global investors.

We don't just process papers; we build the gateway for your business success in Indonesia.

Looking for a personalized consultation for your investment? [Message Moizin Indonesia on WhatsApp]