Elmar

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Investor Visa (KITAS)

Investor KITAS differs from normal KITAS in that the investor is exempt from the necessity to make monthly contributions to the DKP-TKA and, hence, does not need to apply for a work authorization (since they are not deemed to be an employee).

Difference between investor KITAS and regular KITAS

Investor Clearance

Difference Between Investor KITAS and Regular KITAS

When you invest in a company in Indonesia, you may reside and run your business from the country thanks to the Investor KITAS.

Investor KITAS differs from normal KITAS in that the investor is exempt from the necessity to make monthly contributions to the DKP-TKA and, hence, does not need to apply for a work clearance (since they are not deemed to be an employee)

Who is Eligible for an Investor Clearance

A minimum investment threshold of IDR 1,25 billion in company shares is needed to qualify for the Investor KITAS. An additional benefit of becoming a dual-role investor/director is a lower minimum investment requirement of just IDR1bn.

After obtaining a business registration number (Nomor Induk Berusaha - NIB) and relevant authorization, a newly formed firm can sponsor your Investment KITAS (Izin Usaha). All licensing applications for an existing business must be submitted in a single online form (OSS).

Who is eligible for an investor visa
How to apply for investor KITAS

How to Apply for Investor KITAS

Copies of necessary documents from the sponsoring organization:

  • Article of Association of the Company and any most recent revisions to the deed as approved by the Ministry for Legalization of the Articles of Association of Company
  • A company's NIB, or "Nomor Induk Berusaha," is its official identification number.
  • Ijin Usaha (NIB) \sOperational License (Izin Usaha) (Izin Usaha)
  • NPWP Badan Usaha (Company Tax ID) & KSWP (Keterangan Status Wajib Pajak) Domicile Verification Letter for Corporations (SKTU, or Surat Domisili Usaha)
  • A Recent LKPM Report (Quarter Business Activity Report) (Quarter Business Activity Report)
  • Director's ITAS and passport OR KTP/Identity Card of Local Manager/Director.
  • Local Manager/Tax Director's ID (NPWP) and Tax Status Letter (KSWP)

 

Required Application Materials:

  • Your passport must be valid for at least 20 months beyond the KITAS expiration date if you are applying for a 1-year KITAS and for at least 34 months if you are applying for a 2-year KITAS.
  • Address
  • Size of a 4x6 digital picture
  • Vaccination Record
  • Current visa scan (for the onshore process)
  • Organizational Registration (online visa system). It will take 1-2 business days to complete.
  • Possessing an Electronic Visa. Seven to ten working days are required for this procedure. A customer's E-visa must be used for entry into Indonesia within 90 days of the day it was granted.
  • Applying for a visa. Applicants must notify E-Visa to Indonesian Immigration immediately after arrival by bringing their original copy. The applicant must go to immigration for a picture and fingerprinting, which takes two to three weeks.
  • You will then get your passport returned and complete KITAS (formerly called ITAS) online.
  • Proposal letter from BKPM. The time frame is 7-14 business days.
  • Documentation for Immigration Purposes (including original passport). There will be a delay of about two weeks throughout this procedure. The candidate must submit a picture and fingerprint at the Immigration Service office during this time.
  • Report from the Directorate of Immigration in Jakarta and the Head of Immigration. The entire procedure usually takes approximately 4 weeks.
  • You will then get your passport returned and complete KITAS (formerly called ITAS) online.
How to apply for investor KITAS
How to apply for investor KITAS
Contact Us

Contact Us For Consultation

With over ten years of expertise, Elmar Consultant is the best choice if you need a business service to guide you through the process. We will guide you and help you set up the PMA. Get the finest advice possible as you make a wise investment in Indonesia. 

The success of your business is our top priority, and Elmar Consultant will get your company off to a great start.