Setting up a foreign owned company (PT PMA): investment list, capital, deed, NIB and post set up
We check the investment list for your activity, plan capital to meet the IDR 10 billion investment test per KBLI and the IDR 2.5 billion paid up minimum, prepare the deed, get the SK, file the NIB, and set up tax and LKPM so the company starts compliant.
IDR 22.000.000One time
For: Foreign individuals and foreign companies investing in Indonesia, alone or with local partners, and local PTs taking a first foreign shareholder.
What we need from you
Passports of foreign shareholders and officers
Deed and AHU data
Foreign company documents, legalised and translated
Corporate shareholder proof
Shareholding plan and capital
IDR 2.5 billion minimum paid up per company
Investment plan per KBLI and location
Above IDR 10 billion each, excluding land and buildings
Business address that fits the KBLI
Zoning and OSS checks
Proposed directors and commissioners
Foreigners need the right KITAS to act
What we discuss
Is your activity open, limited or reserved under the investment list?
Decides if foreign ownership is possible and at what share
How will you fund the IDR 2.5 billion paid up capital?
Cash must stay in the account 12 months except for allowed uses
How many KBLI codes do you really need?
Each adds IDR 10 billion to the investment plan
Will foreign directors live in Indonesia?
Investor or work KITAS needed (ID-EXP-01)
Any nominee or side agreement in mind?
Void under Art 33 of the Investment Law; we do not support it
What we file
Investment list and KBLI check
2 KBLI at one location: investment plan above IDR 20 billion; paid up capital at least IDR 2,500,000,000
Deed and Ministry of Law SK
NIB, risk items and capital declaration
Bank account, capital deposit, Coretax set up
What you get
Deed, SK, NIB, NPWP
Capital deposit proof and OSS declaration
Year one compliance map: LKPM, tax, BPJS, KITAS
The law
- Art 5 and 33, Law 25/2007 on Investment, as amended by Law 6/2023: Foreign investment must be made through a PT under Indonesian law; nominee share arrangements are void Source
- Perpres 10/2021 on investment business fields, as amended by Perpres 49/2021: The positive investment list: which fields are open, reserved or limited for foreign investors Source
- Ministry of Investment and Downstreaming/BKPM Regulation 5/2025: PT PMA: investment above IDR 10 billion per 5 digit KBLI per location excluding land and buildings; issued and paid up capital of at least IDR 2.5 billion Source
- Art 7, Law 40/2007 on Limited Liability Companies (UUPT), as amended by Law 6/2023: A PT is founded by 2 or more persons by notarial deed in Indonesian and becomes a legal entity on registration with the Minister of Law Source
- PP 28/2025 on risk-based business licensing: Replaces PP 5/2021; licences through OSS by risk level, with service level deadlines and automatic approval when an agency does not act in time Source
Questions people ask
- Minimum capital for a PT PMA in 2026
- Using paid up capital in the first year
- Two KBLI codes and the investment test
- Converting a local PT to a PT PMA
- Nominee shareholder offer from a local friend
- Foreign director signing before KITAS
- One shareholder PT PMA
- Tax rate for a new PT PMA
- Which tax consultant can serve a PT PMA
- Post set up checklist for a new PT PMA
Contact us to book
Online payment in IDR is not open yet. Send us a message and an adviser for Indonesia confirms the scope and the fee before any work starts.