Nominee Structure (PT Local) |
|
Benefits |
Considerations |
No 2.5bn IDR paid up capital requirement during formation |
The nominee structure is not legally recognized in
|
Can have multiple business licenses without needing to |
Nominee structure is costly to maintain (incurs recurring |
Allows foreign entities to participate in business sectors |
Hard to transfer funds from a nominee held business to the |
In the future the laws prohibiting nominee ownership may |
Foreign Held Structure (PT PMA) |
|
Benefits |
Considerations |
Provides maximum legal protection for the asset |
Requires 2.5bn IDR in committed paid up capital to set up, |
Simple process to transfer funds between legal entities |
Greater reporting requirements (quarterly reporting with |
Structure is cheaper to maintain (no annual fees) |
Many business lines are limited or closed to foreign |
Safeguard against any future change in PMA legislation |
|
Simpler legal structure to transact with or recapitalize |
Privacy Statement Regarding Data Collection
Your privacy is of utmost importance to us. When you reach out to us for assistance or with any queries:
- Information Collection: We only collect the necessary data to assist your inquiries. This may include your name, email address, contact number, and any details you provide about your requirements.
- Usage of Data: Your personal information is used solely to address your queries and provide the necessary services. We will not use your information for unsolicited marketing unless you express permission.
- Data Sharing: We respect your privacy and will never share, sell, or distribute your personal information to third parties unless required by law.
- Data Protection: We employ robust security measures to protect your personal information from unauthorized access, alteration, or destruction.
- Access & Corrections: At any point, you can request to view the personal information we hold about you. If you find any inaccuracies, we will correct them promptly.
- Retention: We will hold onto your data only for as long as necessary to serve you or as applicable laws require.
You acknowledge and consent to our data collection and use practices outlined in this privacy statement by providing your contact information. If you have any concerns or questions about our privacy practices, please don’t hesitate to contact us.
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