Indonesia is an attractive destination for doing business. It is one of the G20 members. Expanding in a new country requires knowledge about the place. If you want to familiarise yourself with the business setup process in Indonesia, we provide end-to-end global business expansion services.
Ease of doing Business Investment Incentive Growing Middle-class Diverse Culture Free Trade Agreements Competitive labour costs Permitted Land Ownership for foreign investors No language barrier Growing Economy Special Economic Zone In Indonesia, this form of business structure is known as “Penanaman Modal Asing (PMA)”. This entity can be owned by a foreign shareholder for the initial 15 years. After this period, the company has to appoint an Indonesian resident who must be a 5% shareholder in the company. It is beneficial for a foreign company to establish this type of business structure. A resident director and two shareholders must be appointed for incorporating this form of company. The minimum capital requirement for this type of entity is USD 300,000. In Indonesia, this form of business entity is known as “Perseroan Terbatas”. LLC is the most preferred type of business structure in Indonesia. An LLC can have a foreign shareholder. Before commencing the business of an LLC, prior approval is required from the e-Capital Investment Coordinating Board (BKPM). A partnership is an agreement where two or more people come together to do business together. The liability is limited as per the agreement between the partners. In Sri Lanka, partnerships are registered with the trade register of the city. The liabilities and other regulations between partners are covered by an agreement which may be either oral or written. A representative office in Indonesia is an extension of the parent company. It carries out liaising work and non-project type work for its parent company. It includes work related to marketing services. A representative office cannot carry out any sale which generates profit. In this type of business structure, the property is purchased using foreign investment. The land so acquired is under the name of the nominee trading company. Using this business vehicle, a company can overcome any restriction related to foreign investment. To commerce business, it requires two shareholders, two directors, a minimum capital of 50 Million Rupiah, and a registered office address. An applicant who wants to register a company in Indonesia can choose a joint venture to carry out business in Indonesia. The Indonesian government promotes joint venture investment between a local company and a foreign company. A public limited company can offer shares to the public through Initial Public Offering (IPO). For a company to be a public limited company, it requires a paid-up capital of 3 Billion Rupiah and more than 300 shareholders. Corporate Income Tax Value-added tax Luxury goods sales tax Lands and Building Tax Carbon Tax Stamp Duty Payroll Tax Regional Taxes Import Duty Enterslice is a market-leading management consultancy firm that offers end-to-end business set-up services, taxation, financial planning, regulatory, legal, and advisory services to entrepreneurs, young start-ups, and large corporate houses across the globe. Our Indonesia Entry Strategy Service involves the following services:Benefits of Doing Business in Indonesia
Different Types of Business Structures in Indonesia
Wholly Foreign Owned Entity
Limited Liability Company (LLC)
Branch Office
Representative Office
Nominee Trading Company
Joint Venture
Public Limited Company
Different Types of Tax in Indonesia
About our Services
Our Indonesia Strategy is classified into the following:
Our experts assist in selecting the most suitable business structure for your business. Types of business structures available in Indonesia are a wholly foreign-owned entity, limited liability company, branch office, representative office, nominee trading company, joint venture, and public limited company. Other than this, we assist in business registration, opening a bank account for the company in Indonesia, and post-registration compliance.
Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory for issues related to the management of the business.
Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal Documents for your business and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.
In Indonesia, filing a tax return is crucial. Timely filing of tax returns entails that proper tax forms are used to report income, deductions, and other financial data. Enterslice ensures that the accounting and auditing are conducted timely and that all the financial statements are filed properly. Our team members have expert accounting and audit knowledge along with practical experience which will help your business in meeting its industry-specific accounting challenges and financial reporting requirement.
Our tax experts assist in filing corporate tax returns. We assist in Country-by-country reporting and in fulfilling the reporting obligations. Our team ensures that the annual tax returns are prepared as per the legislation and produced before the authority as and when required.
Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant Documents. Our team of IP experts also advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.
No, the entire process of company registration can be carried out online. So there is no requirement to be physically present at the time of registration of the business.
The national currency of Indonesia is the Indonesian rupiah.
Indonesia is a growing country with rapid business innovations. There is less corruption and bureaucracy. It is flourishing in a number of sectors, especially hospitality. Recently the government has expanded the tax holiday policy and extended it to 18 sectors.
The benefits of opting for Enterslice for your business set-up in Indonesia are as follows:
i. Professional Support.
ii. 24*7 Customer Support.
iii. Highly Integrated IT Team.
iv. Competent Team of Lawyers, CAs, Cost Accountants, CSs, and CPAs.
v. All-inclusive solution for our clients.
24x7 Client relationship support desk.
Tech-enabled service delivery platform.
Dedicated foreign Investment desk.
50,000+ Network of Attorneys/CPA/CA/CFA.
Strong team of Inhouse Lawyers/CA/CPA/CFA
Individual and Dedicated professionals on every assignment.
We register 100+ Companies every Month
If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.
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“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
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