Starting a business in Indonesia begins with choosing an appropriate structure. For some foreign investors, a foreign-owned investment company (PT PMA) may be an option to consider; ownership eligibility, capital requirements, business classifications and licences depend on the sector and current regulations.
The business classification code (KBLI) defines the company’s permitted activities and related licensing requirements. Legal incorporation is handled through a notary and the relevant authorities. The business identification number (NIB) and risk-based licences are completed through the OSS system. A company’s legal address must also be compatible with its activity and the property’s permitted use.
After incorporation, a company may need accounting, tax filings, periodic investment activity reports (LKPM), licence renewals or updates, and proper corporate records. Changes to directors or shareholders, adding KBLI codes or hiring foreign workers can involve additional procedures.
Incorporation alone does not grant a visa, residence status or work authorisation to a foreign owner or director. Each person must separately check the permit appropriate to their role and activities.
Kousha Travel can make an initial introduction and coordinate with local notaries, accountants, tax consultants or legal specialists. Requirements and final costs can be assessed after reviewing shareholder nationality, business activity, ownership structure and business location. Consult a licensed professional for final legal advice.