Malaysia Hotline: +603- 2141 8908
Indonesian Limited Liability Company
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Can be owned up to 100% by foreigners. Maximum foreign ownership depends upon
the business classification mentioned in the regulating document called the
Negative Investment List. Foreign ownership can be from 0 to 100% depending
upon the business industry. A minimum 2 shareholders. Shareholders can be
individuals or companies.
- A
required Investment plan at least US$1 million. The Indonesian institution
called Indonesian Investment Coordinating Board (BKPM) requires foreign investors
to present an investment plan for a minimum of US$1 million (equivalent for IDR
10 billion), of which 25% needs to be paid up capital. Foreign companies, however, cannot open a
bank account before the incorporation process is completed. You are only
required to submit a notary statement letter that this amount will be
transferred once the incorporation is complete. However based on the new
regulation all new foreign company needs to have financial audit before they
can apply for a permanent business license and also other connected licenses
(import license, etc.) which are critical for a lot of companies. This new
regulation wants to ensure that all foreign investors realized their an
investment plan and not only submitted an investment plan to Investment
Coordinating Board (BKPM) just only on paper, which often happened in the past.
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Licensing requirements for your selected industry. Some of business activities
such as the operation of restaurants or hotels require special licenses.
- Indonesian laws. Foreign entities and
entrepreneurs intending to establish a form of local company owned by foreign
investors shall go through the procedures according to Indonesian laws and
regulations based on Law No. 25 / 2007 regarding Capital Investment and Law No.
40 / 2007 regarding the Limited Liability Company.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my