Elmar

Expert Guidance for Starting Your Business in Indonesia

Providing Professional Guidance to Help You Understand and Navigate the Process of Starting a Business in Indonesia with Confidence.

*Elmar is an independent consulting service and is not part of any government agency.

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    FAQ: Starting a Business in Indonesia as a Foreigner

    1. Can a foreigner start a company in Indonesia?

    Yes, foreigners can start a business in Indonesia by forming a foreign-owned company (Penanaman Modal Asing). Our consulting services can help you understand the specific regulations and requirements to ensure a smooth process.

    2. What is a Foreign Investment Company?

    A Foreign Investment Company (PMA) is a business structure with partial or full foreign ownership. It operates under regulations set by the Indonesia Investment Coordinating Board (BKPM), enabling foreign investors to participate in Indonesia’s growing economy.

    3. What should I know before starting a company in Indonesia?

    To start a company in Indonesia, you need to meet specific legal and regulatory requirements, including investment capital thresholds and local shareholder rules. Our consulting services can help you navigate these requirements.

    4. What industries are open to foreign investment?

    Indonesia’s Positive Investment List outlines sectors where foreign ownership is permitted. Certain industries may have restrictions or require local partnerships. Our consulting team can help you understand these regulations and identify opportunities.

    5.How long does it take to start a business in Indonesia?

    The process typically takes several weeks, depending on the type of business and the completeness of required documentation.

    6.What are the costs of starting a business in Indonesia?

    The cost of starting a business in Indonesia varies based on several factors, including:”

    • The type of business and the applicable industry regulations.
    • The location of the business operations.
    • The specific licensing requirements for the industry.
    • Whether you choose to manage the process independently or seek guidance from a consulting firm.
    7. Do I need a local partner to start a business in Indonesia?

    It depends on the industry. Certain sectors require foreign investors to work with a local partner, while others allow 100% foreign ownership under specific regulations. Our team can help you understand these requirements and explore your options.

    8. What should I know about business taxes in Indonesia?

    Companies in Indonesia are subject to various taxes, including corporate income tax, VAT, and employee-related taxes. Our team can provide guidance to help you understand the general tax landscape and its implications for your business

    9. How can a foreigner work in Indonesia through a business?

    Foreigners working in Indonesia must meet specific legal requirements, which often involve company sponsorship and proper documentation. Our consulting team can guide you in understanding these processes.

    10. Do I need a physical office for my Company?

    Whether you need a physical office for your company depends on the type of business and local regulations. Some industries may require a registered office, while others allow virtual addresses. Our team can guide you on meeting these requirements.

    11. What’s the best approach to starting a business in Indonesia?

    The best approach to starting a company in Indonesia depends on your business type and goals. Our team can guide you through the necessary steps and help you understand the requirements.