Posts Tagged ‘Doing Business in Indonesia’

12 Reasons why to do business in Indonesia

12 Reasons why to do business in Indonesia

Standing out among the G20 members, Indonesia would likely be an imminent Asian tiger disclosing ample opportunities for the world’s entrepreneurs to branch out in the near future. The 72-year-old nation flanked by two oceans is potentially great for investment and setting up business overseas as well. Its presence as a prevailing country in the…

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Establishing a Local PT (Perseroan Terbatas)

pt local

WHAT IS LOCAL PT? Local PT (Perseroan Terbatas) is a limited liabiity company established under the laws of Indonesia. In a Local PT, only Indonesian citizens and Indonesian legal entities are allowed to hold shares directly as registered shareholders.  WHO CAN ESTABLISH LOCAL PT? Minimum 2 (two) or more Indonesian individuals and Indonesian legal entities.…

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Establishing a PT PMA (Foreign Direct Investment Company)

pt pma

WHAT IS PT PMA? PT PMA (Perseroan Terbatas Penanaman Modal Asing) is a limited liability company established under the laws of Indonesia. In a PT PMA, Foreigners in the form of individuals and legal entities can be registered as shareholders. However some business activities requires Indonesian Citizens or legal entities to hold shares alongside Foreigners.…

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New Law on Plantation Business in Indonesia

SMART Legal Consulting

Law No. 39 of 2014 on Plantation (“Plantation Law/2014”) has been registered and immediately comes into effect on 17 October 2014. It has been issued to replace and revoke the Plantation Law No.18 of 2004 which is no longer suitable with the dynamics and legal needs of the public and is deemed unable to give…

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List of Negative Investment of Industry Sector and Industrial Zone

SMART Legal Consulting

In order to increase foreign capital investment and to be prepared for ASEAN Economic Community (AEC), Indonesian Government has renew the provision of List of Negative Investment in closed and opened industry for foreign capital investment. The new provision was written in President Regulation No. 39 in 2014 about list of closed and open industry…

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