How to Establish a PT PMA to Expand your Business
- March 30, 2022
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When you would to expand your business and enter in Indonesian market, especially Bali, this article may help you. It provides you with some information may you need to know about company registration in Bali.
Everybody know about Bali, but not everybody knows that Bali has become one of the most future markets in South-East Asia. Economy in Bali has been continually growing for a while. The highest growth came from the information and communication sector confirming that The Island of Thousands Temple is turning into “The Island of Entrepreneurs”
Also many business sectors in Indonesia are open to foreign investment and for that reason, investment value has continued to rise rapidly in recent years. Furthermore, the Indonesian Government through Presidential Law No. 10, years 2021, has made the investment process become easier for foreign investors. Should you see this as an opportunity and plan to generate revenues, profit or engage in sales directly in Indonesia, then you need to establish a PT PMA.
PT PMA (Perseroan Terbatas Penanaman Modal Asing) is a limited liability company established under the laws of Indonesia. In a PT PMA, Foreigners in the form of individuals and legal entities could be registered as shareholders.
Here is a five-step to Establish PT PMA :
- Company Name Approval
- Drafting Deed Establishment by Notary
- Signing Deed of Establishment (Approval by Ministry of Law and Human Right)
- Company Tax Registration (NPWP)
- Business Identification Number (NIB)
- Approval of Business Registration Number, business license and business activity registration number through online single submission system.
You have read five step to Establish PT PMA that we use and as we know frequently changing regulation make company establishment in Indonesia tricky and of course our clients are assisted on each step by our company.
Our company is a reliable assistant in the matter of the foreign-owned company establishment with 6 years of experience. Should you need any information about establish PT PMA in Indonesia especially in Bali please feel free to contact us to get free consultation or visit our website at www.projasa.co.id to get complete information.