ESTABLISHMENT OF PT PMA

Establishment of PT PMA (1) (1)

WHAT IS ESTABLISHMENT OF PT PMA

Establishing a PT PMA (Penanaman Modal Asing) is a decisive step for foreign investors aiming to penetrate the dynamic business landscape in our prestigious region. Being a legally recognized entity for foreign direct investment, a PT PMA demands meticulous documentation, compliance, and understanding of local regulations. This platform is dedicated to guiding prospective investors through the labyrinth of the PT PMA establishment process. Navigate with confidence, ensuring that every detail of your business establishment aligns with legal standards and paves the way for your venture’s success.

WHAT DOCUMENTS ARE REQUIRED

  • Foreign investor’s identification documents, such as Passport.

  • Detailed business plan outlining the company’s activities, goals, and financial projections.

  • Proof of initial investment or capital.

  • Letter of intent or declaration stating the purpose and scope of the PT PMA.

  • Specific licenses or permissions depending on the business sector.

  • Articles of Association of the proposed company.

  • Additional documents may be required based on the nature of your intended business activities.

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FREQUENTLY ASKED QUESTIONS (FAQ)

WHAT IS ESTABLISHMENT OF PT PMA

PT PMA stands for "Perseroan Terbatas Penanaman Modal Asing", which is a foreign-owned company established in Indonesia. It allows foreign investors to conduct business activities in the region while maintaining a significant ownership percentage.

There are specific requirements, including a minimum amount of paid-up capital, a detailed business plan, and relevant business licenses. The exact requirements can vary based on the business sector and nature of activities.

Typically, a PT PMA cannot own land, but it can obtain rights to use the land for operational purposes. There are specific land rights suited for businesses that can be explored during the establishment process.

The duration can vary based on the completeness of documents, business sector, and current regulatory timelines. Generally, it can range from several weeks to a few months.

PT PMA offers distinct advantages such as higher foreign ownership limits, a broader scope of permissible business activities, and eligibility for specific tax and investment incentives.

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Copyright © 2023 PT Expat Legal Solutions | Powered by Balixs.co