Six Steps to Establish a PMA Company in Indonesia

A PMA or PT PMA company is also known as a foreign-owned company. It is a Limited Liability Company that requires foreign capital or investment.

Setting up a PMA company in Indonesia is a profitable idea, but it can be quite challenging. You will have to go through and overcome several things to register your foreign-owned company successfully.

Here are the six steps that you need to follow in order to establish PMA company in Indonesia. Check them out below!

Company Name Approval- Select a unique company name and get it approved by the concerned corporate regulatory body.

Deed of Incorporation- It includes Article of Association.

Approval of Legal Entity- Get your business legally approved by the Ministry of Law and Human Rights.

Register for NPWP- NPWP is the registration of tax ID. It is a must for securing a company's banking activities and a company's license.

Registration of Business Address- You are required to register your business address. You can use a domicile letter for this purpose.

Company Incorporation- You are required to fill your company incorporation form and submit it to the concerned authority along with your documents.

For more information related to PMA company incorporation in Indonesia, get in touch with 3E Accounting.