Posts Tagged ‘BKPM Regulation’

How to Setting Up Representative Office in Indonesia

How to Setting Up Representative Office in Indonesia

For some reasons, setting up a representative office in Indonesia is more of a plausible solution to provide foreign companies with a support system in Indonesia. This way, the company can conduct a market research, identify the potential local partners, offer post-sale service, and become acquainted with Indonesia’s business climate without having to actually engage in…

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3 (THREE) THINGS YOU SHOULD KNOW ABOUT THE REPRESENTATIVE OFFICE OF FOREIGN CONSTRUCTION SERVICES COMPANY (BUJKA)

3-(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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4 (FOUR) THINGS YOU SHOULD KNOW ABOUT THE REPRESENTATIVE OFFICE OF FOREIGN TRADE COMPANY (KP3A)

4-FOUR-THINGS-YOU-SHOULD-KNOW-ABOUT-THE-REPRESENTATIVE-OFFICE-OF-FOREIGN-TRADE-COMPANY-KP3A

Previously we have discussed the Representative Office of Foreign Company (KPPA), so currently we wants to discuss the Second Type of Representative Office, which is Representative Office of Foreign Trade Company (Kantor Perwakilan Perusahaan Perdagangan Asing/KP3A). KP3A BACKGROUND The definition KP3A are similar with the KPPA, in which Pursuant to Article 1 paragraph 29 Regulation…

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FOREIGN COMPANY OBLIGATION ON DIVESTMENT

DIVESTMENT-OBLIGATION-FOR-FOREIGN-INVESTMENT-COMPANY-PT-PMA-IN-INDONESIA

Divestment is the releasement, exemption or reduction of shares, which is an obligation for Foreign Direct Investment (Penanaman Modal Asing/PMA) Company who owned 100% shares in the company to gradually shift its share to Indonesian participant(s) (both individual or legal entity) within within 15 year subsequent to its first production through direct ownership or domestic…

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