The corporate establishment process for simple eco resort developments and private island investments is quite simple and cost effective when you harness Kepri Estates depth of local knowledge and expansive network of corporate and legal advisory affiliates. Kepri Estates network contacts are introduced at no cost to clients.

The critical aspect in corporate establishment is compliance with the licence, permitting and registration requirements to ensure they align with your proposed development and your corporate structure (refer to previous Blog articles on corporate structure and the investment process). This is where Kepri Estates can cut through all the red tape and save you time and costs by appointing one of our key staff to work with your legal or advisory team to establish all your permitting and licensing requirements in the most efficient manner with local, knowledgeable staff.

The 8 steps of PT PMA company corporate establishment are.

1.  Determine the business activities and ownership structure – Before you begin the registration process, you need to determine the business activities you plan to conduct and the ownership structure of the company. A PT PMA company must have at least one foreign shareholder and can engage in a wide range of business activities, subject to certain restrictions.
2. Obtain a Deed of Establishment – The first step in the registration process is to obtain a Deed of Establishment from a notary public in Indonesia. The deed should include details about the company’s ownership structure, business activities, and other relevant information.
3. Obtain a Tax ID Number – Once you have obtained the Deed of Establishment, you need to obtain a Tax ID Number (NPWP) from the Indonesian tax authorities. This is required to pay taxes and conduct business in Indonesia.
4. Obtain a Business Registration Certificate (TDP) – The next step is to obtain a Business Registration Certificate (TDP) from the local government. This certificate will allow you to legally conduct business in Indonesia.
5. Apply for a Domicile Letter – You also need to apply for a Domicile Letter from the local government, which confirms the company’s address in Indonesia.
6. Obtain a Company Registration Certificate (SKTU) – After obtaining the TDP and Domicile Letter, you need to apply for a Company Registration Certificate (SKTU) from the local government. This certificate confirms that your company has met all of the necessary requirements to conduct business in Indonesia.
7. Obtain Necessary Licenses and Permits – Depending on the nature of your business, you may also need to obtain additional licenses and permits from various government agencies. This can include a Trading Business License (SIUP), a Business Identification Number (NIB), and a work permit for foreign employees.
8. Register with the Indonesian Investment Coordinating Board (BKPM) – Finally, you need to register your PT PMA company with the Indonesian Investment Coordinating Board (BKPM). This is a requirement for all foreign-owned companies in Indonesia.