Posts Tagged ‘PT PMA’
Establishing a Foreign-Owned Company in Indonesia: Dealing with the Challenging Procedures and Regulations
Despite the economic slowdown and the poverty rise in Indonesia, the demands on products are surprisingly increasing. In fact, according to the data of Central Statistics Agency (Badan Pusat Statistik/BPS), between 2014 and 2015, 1.1 million people in Indonesia have become poor. So, what makes the demands on products or purchasing power in Indonesia get…
Read MoreHow 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…
Read MoreHOW MUCH IS THE MINIMUM CAPITAL INVESTMENT IN A FOREIGN INVESTMENT COMPANY?
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…
Read MoreENVIRONMENTAL MANAGEMENT SYSTEM (EMS) OBLIGATION APPLICABLE FOR COMPANIES IN INDONESIA
To protect the Indonesian environment from pollution and damage, all companies have the obligation to apply Environmental Management System in its business activities. Learn more about what the Environmental Management System is and how to apply it in your company. To protect the Indonesian environment from pollution and damage, every company must apply the EMS…
Read More4 THINGS YOU NEED TO KNOW ABOUT THE GENERAL MEETING OF SHAREHOLDERS
Aside from the Board of Directors and Board of Commissioners, another figure that is very important in the Indonesia Company Law is the General Meeting of Shareholders. Learn more about why they are important, and their special authority in running the Company. When talking about the people who are running a Limited Liability Company (Perseroan…
Read MoreEXPANSION 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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