PT PMA Company Setup

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PT PMA Company Setup in Bali, Indonesia

What is a PMA?

A PMA (Penanaman Modal Asing) is a limited liability company established in Indonesia, primarily owned or set up by foreign investors. This type of company allows both individuals and legal entities from abroad to become registered shareholders.

Key Features of a PMA

  • Ownership: Unlike a local PT (PMDN), where all founders must be Indonesian, a PMA can have foreign founders.
  • Shareholders: A minimum of two shareholders is required, with at least one serving as the Director and one as the Commissioner. These individuals do not need to be physically present in Indonesia.
  • Authorized Capital: The company must declare a minimum authorized capital of 10 billion IDR in its deed. You are not required to deposit this amount upfront; however, you must transfer some capital into the company bank account within 90 days of establishment.

Working in Your PMA

To work in your company with an Investor KITAS, the following applies:

  • If you are the Director, you may work within the scope of your role.
  • If you are the Commissioner, you cannot work but can still apply for an Investor KITAS.
  • To obtain an Investor KITAS, you must hold at least 12% of the company shares. If your shareholding is below this threshold, you cannot apply.

Setup Timeline

The complete establishment process for a PMA typically takes 7 to 10 business days. We will provide you with all necessary forms and guide you through the process.

Requirements for Submitting Your PMA Application

  1. Company Name: Provide at least two name options (minimum of three words and three letters each).
  2. Investment Plan: A minimum investment of 10 billion IDR for each business sector.
  3. Paid-Up Capital: 100% paid-up capital or a minimum of 10 billion IDR.
  4. Roles: Minimum of two people—one Director and one Commissioner.
  5. KBLI: Specify your business sectors (1 to 5 sectors). If you’re unsure, provide the business activities you plan to engage in, and we will help identify the correct KBLI code.
  6. Business Restrictions: Be aware that while some sectors allow full foreign ownership, others are restricted as outlined in the Indonesian Negative Investment List.
  7. Business Location: Prepare documentation for your company’s physical address, including local permissions.

Service Cost

Our comprehensive service fee for setting up a PMA is IDR 18,000,000.

Important Note: All company documents will be in Bahasa Indonesia. If translations are needed, a sworn translator can be arranged once the PMA is established.

Ready to Start Your Business Journey?

Contact us today to begin the process of setting up your PT PMA in Bali! Our expert team is here to guide you every step of the way.