Once a company is incorporated in Indonesia, the required permits and documents may vary depending on the industry. Some of these permits are generic and apply to all businesses while others are specific to specific industries such as food, education, trade, etc. Given the growing level of government scrutiny over businesses in Indonesia, companies must comply with these regulations to avoid any interruption to their day-to-day operations. Consult with us for expert guidance on the necessary business licenses.
BPOM LICENSE
Companies intending to distribute processed food products, cosmetics, or medicines need a distribution license from BPOM. We can guide you through the process. The process for obtaining a BPOM license differs depending on whether the product is locally manufactured or imported. Consult us to understand the requirements better.
HALAL CERTIFICATION
Indonesia is the most populated Muslim-majority country accounting for 12.7% of the world’s Muslims. Most Indonesian Muslims want to know if the products they consume are halal. Considering consumer preferences, securing a halal certification is advised. Our experts can guide you through the process.
OTHER LICENSES / PERMITS
Depending on the industry, companies may require different documents and permits to conduct business. Our consultation services can help you understand these requirements. Permits could include VAT registration, BPJS registration, WLK and LKPM reports, and Trademark registration. Consult with us to navigate these requirements.
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T Smith – Sharper Lazer Co Ltd
What is a PT or Perseroan Terbatas?
A PT or Perseroan Terbatas is a limited liability company and a legal entity that allows both local and foreign investors to conduct commercial/business activities in Indonesia. It is equivalent to an Ltd in the UK and Ireland, LLC in the US, or GmbH in Germany, Austria and Switzerland.
I want to invest in Indonesia. What are the things I should know?
You must first decide what business sector you are going to invest in based on the Indonesian Classification for Business Sector (Klasifikasi Baku Lapangan Usaha Indonesia or KBLI) and check whether the business sector is open with requirements or closed for foreign direct investment.
How long does the company formation process take?
Approximately 7-14 business days.
How much do I have to pay for the corporate taxes? 0.5% of annual revenue for the first 3 years, 22% of annual profit afterwards.
Are foreigners allowed to invest and own a company in Indonesia without having a local partner?
Foreigners are allowed to invest and own a company (in the form of a PT PMA) without having a local partner in Indonesia as long as the business activity is not listed on the Negative Investment List. Some activities may be restricted to a certain percentage for foreign investors. In this case, a local partner is required.
Find out more Company Incorporation FAQs here.
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