Set-up new company

No. Activities
1. The investor shall provide these informations as follows:

  • Choice of the name of the company at least 3 (three) options.
  • Total investment is Rp 10 billion, exclude land and building, with paid up capital at least Rp 2,5 billion.
  • Type of industry (see the negative list below).
  • Minimum of 1 director and 1 chairman.
  • Minimum of 2 shareholders (the shareholders may consist of individual or corporate).
  • Minimum of 2 managers.
  • Location.
  • Prepare the power of attorney when the investors do not present in Indonesia
2. Capital investment registration, hereinafter referred to as Registration, is the preliminary approval from the Government to invest in Indonesia.

3. The registration shall be the basis for making a deed of establishment (legal entity) of the Company in the form of a Limited Liability Company (LLC) for foreign or domestic capital investment.

The registration shall be followed up with the establishment of an Indonesian legal entity, latest within a period of 6 (six) months. If within such period of time, the legal entity has not been established, the Registration shall be declared null and void.

Asking the declaration letter from the public notary regarding information that the legality of the Company is still in the progress of being approval from Ministry of Law and Human Rights of the Republic of Indonesia.

4. Waiting for the approval from Ministry of Law and Human Rights of the Republic of Indonesia.

5. Prepare the Domicile Letter or SITU.

6. Register to the Tax Office.

7. Register to Department of Trade of the Republic of Indonesia to obtain the Company Registration Certificate.

8. Apply for VAT enterprise.

9. Permanent Business License.


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