Posts Tagged ‘Izin Prinsip’

HOW MUCH IS THE MINIMUM CAPITAL INVESTMENT IN A FOREIGN INVESTMENT COMPANY?

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To establish a Foreign Investment Company, there is a requirement of minimum investment value as explained in the Indonesia Investment Coordinating Board (BKPM) Regulation. Read more to learn about the minimum investment value of a Foreign Investment Company in Indonesia. An establishment of a Limited Liability Company (“PT”) in Indonesia is conducted through capital injection…

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TYPES OF DOCUMENTS TO BE PREPARED IN ESTABLISHING COMPANY IN INDONESIA

TYPES-OF-DOCUMENTS-TO-BE-PREPARED-IN-ESTABLISHING-COMPANY-IN-INDONESIA

Probably, these are common queries from an entrepreneur who will start a new business: What are the required documents to register the Company? What are mandatory documents needed to be fulfilled? What documents should be obtained in regards to establish a company? Before we describe what the documents needed, hereby we inform you the following…

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INCREASE OF PAID-UP CAPITAL FOR PMA COMPANY

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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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SMART TIPS: DEALING WITH 3 HOURS INVESTMENT LICENSE SERVICE AT THE BKPM

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The launch of 3 Hours Investment License Service in the early of 2016 is considered as the breakthrough that foreign investors have been waiting for years. Not only will this policy be effective to cut down the bureaucratic red tape, but also minimize the potential of corruption. Based on our experience, below are our SMART…

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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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