Posts Tagged ‘Indonesia Investment Coordinating Board’

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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EXPANSION OF BUSINESS IN A PMA COMPANY: MORE INVESTMENT NEEDED?

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…

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EXPANSION OF BUSINESS IN A PMA COMPANY: MORE INVESTMENT NEEDED?

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…

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INCREASE OF PAID-UP CAPITAL FOR PMA COMPANY

INCREASE-OF-PAID-UP-CAPITAL-FOR-PMA-COMPANY

With the growth of the business, and the financial requirement of the Company, General Meeting of Shareholders (“GMS”) can decide to increase the paid-up capital of a Company, to increase the equity and value of the Company itself. The process to increase the paid-up capital includes several steps, especially if the Company is a foreign…

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How To Extend Your Principle Investment License

SMART Legal Consulting

The process of starting a new foreign company in Indonesia starts with obtaining the Principle License or otherwise known as Izin Prinsip, which is the official approval from the Indonesian Government issued by Indonesia Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM”) that yes, you are allowed to start your foreign company here in…

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