Doing Business In Indonesia(Company Formation)
EXPANSION OF BUSINESS IN A PMA COMPANY: MORE INVESTMENT NEEDED?
When planning to expand a PMA Company, one of the most important things is to determine whether such expansion is classified as a diversification of business, or as an expansion of business which must be followed by an expansion of investment. Since the minimum investment for PMA Company must be above IDR 10 billion, it…
Read More3 THINGS FOREIGN DISTRIBUTOR NEED TO KNOW IN DOING BUSINESS IN INDONESIA
A Distributor PMA Company has its requirements and obligations to comply with when conducting trading activities. Learn the 3 (three) most essential things on how PMA Company can conduct distribution in Indonesia. The trading business is one of the business opened for the foreign investor in Indonesia, with the wholesale, import, export, and distribution activities…
Read MoreTHE COMPARISON BETWEEN FOREIGN DIRECT INVESTMENT AND REPRESENTATIVE OFFICE IN INDONESIA
Indonesian Government gives facilities to Foreign Investor who wants invest in Indonesia. Foreign Investor can establish the Foreign Direct Company (“PT PMA”) or Representative Office (in Bahasa: Kantor Perwakilan Perusahaan Asing, hereinafter briefly referred to as “Rep. Office”). Investment Coordinating Board (“BKPM”) governed the law of procedure for establishing both legal entity as mentioned above,…
Read MoreWHAT IS A VALUE OF SHARES?
Literally, a share means a sum of money invested by the investor as a shareholder into a legal entity, a limited liability company, whereby in return to such investment the shareholder rights and share of profit from the limited liability company. Furthermore, shares also have a feature of a private asset that can be transferred…
Read More3 TYPES OF CONSTRUCTION SERVICE BUSINESS ENTITY IN INDONESIA
These days, Indonesia is one of the emerging construction market in Southeast Asia region. This is reinforced by the Indonesian government policy on infrastructure, in which government pushes the acceleration of infrastructure project as part of development acceleration in Indonesia, then it becomes a breath of fresh air for construction service in Indonesia, for both…
Read More3 (THREE) THINGS YOU SHOULD KNOW ABOUT THE REPRESENTATIVE OFFICE OF FOREIGN CONSTRUCTION SERVICES COMPANY (BUJKA)
We understand that Representative Offices of Foreign Construction Services Company (BUJKA), means a business entity established by law and domiciled in a foreign country, which has a representative office in Indonesia, and is equivalent to a legal entity of Limited Liability Company which is engaged in construction services (Article 1 paragraph (3) Regulation of Head…
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