PARTNERSHIP BETWEEN PMA COMPANY AND LOCAL BUSINESSES IN INDONESIA

There are many ways to invest in Indonesia. Foreign investors can establish a PMA company (Perseroan Terbatas Penanaman Modal Asing) which is 100% fully owned by the investors or they can build a partnership with local companies. To invest in Indonesia, foreign investors must refer to the Negative Investment List, which is regulated and periodically…

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5 Things You Need To Know About PT PMA

5 Things You Need To Know About Setting Up A Pma Company (Perseroan Terbatas Penanaman Modal Asing)

When is a PMA Company / PT PMA (Perseroan Terbatas Penanaman Modal Asing) established?   A PT PMA is established when there is a Foreign Shareholder in the company, which includes a Foreign Individual (Warga Negara Asing or WNA), Foreign Companies or other Foreign Entities, or other PT PMA’s. A PT PMA can also be…

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Indonesia Ready For More Foreign Investors

Continuing the previous economic policy package, Indonesian Government has announced its latest effort to draw more investment to South Asia’s largest economy by opening dozens of business sectors in Indonesia to full and partial foreign ownership through  Economic Policy Package X (Paket Kebijakan Ekonomi Jilid X).  As per press release dated February 11, 2016 from…

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Attention! The New Business Sectors Classification Has Been Issued

The most essential thing when planning to establish your business in Indonesia is to determine the business sector to enter, and which business activities you want to do. The investment license system makes it so that the investors, especially foreign investors, are required to be very specific on what they want to do when they…

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How To Avoid Legal Problems When Establishing Your Startups In Indonesia ?

Step To Avoid Legal Problems When Establishing Your Startups In Indonesia Navigating the murky business culture in Indonesia can look daunting, especially for emerging startups used to well-developed infrastructure and unobstructive bureaucrats. The recent ban controversy on ride-sharing startups and the looming e-commerce regulations are just several issues that comes with the challenge to establish your…

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10 Things Startups Should Know Before Entering Indonesia

SMART Legal Consulting

Entrepreneurs grinding it out in Jakarta are unlikely to tell you Indonesia is an easy market to win. On the surface, the world’s largest archipelago is attractive to foreign founders. And why not? Indonesia has a lot of problems to be solved, with greenfield opportunities that tend to encompass several links on a given value…

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