Procedures & Requirements on Setting up Companies in Indonesia
[Limited Liability Company (Perseroan Terbatas)]
NO. MATTERS
1. Apply for Principle License (IP)
 Apply online through BKPM
Online Service Platform
 Only applicable to Foreign
Investment
 Regulation of Capital Investment
Coordinating Board No. 14 Year
2015
1. Proposing company Name
 To reserve at least three names
ACTION FEES
 Check whether business is open for FDI in Indonesia based on
the Indonesia Investment Guidance
o Not listed, allow for 100% foreign ownership
o Open with/without condition, apply IP
o Based on President Regulation of the Republic of
Indonesia Number 44 Year 2016 (Negative Investment
List)
 Upon approval, investor will be able to setup its business entity b
engaging a public notary
 Application is based on the size of the business (whether at
central/provincial/regency/city depending on the size scale of
business)
 Company name search by Notary though a computerized IDR 200,000
processing system.
 Pay the fees at a bank before obtaining clearance for the
proposed company name & obtain a code.
 Code used to reserve the company name & it will be reserve for
a period of 60 days.
2. Application for Establishment of a
Company;
 Establishment Deed of Company
 Once approve, the company will
automatically be registered as
tax payer.
 Everything is done on OSS
(online)
 Public Notary to draft the Establishment Deed Maximum notary fee for
 Establishment Deed to contain; objetcs of deed with an
o Company Name economical value of
o Address between IDR 100,000.00
o Line of business of the company and 1,000,000,000.00 is
o Articles of Association 1.5% of the total objct of
o Founder’s identification the deed’s value
o Amount of authorized capital
(for local investment minimum is IDR 50.000.000 but
reffering to the latest regulation Government Regulation
No. 29 year 2016 the authorized capital is now depends
on the agreement/consensus between the founders)
(for foreign investment minimum (Paid Up) Capital
Requirement for the PT PMA is 10 billions based on
Article 13 Regulation of Capital Investment Coordinating
Board No. 14 Year 2015)
o Shareholder information and amount of issues and paid
up capital
o Pupose & Objectives of the company
o Composition of Board of Directors & Comissioners
  To be approve by Ministry of Law and Human Rights to ratify the
Corporate Legal Entity
3. Application for Nomor Induk Berusaha  A Company Number and valid as;
(NIB) **Apply online o Company Register
o Importer Identification Number
o Custom Access Rights

3. Building Management Domicile  Application for Building Management Office

Certificate  For Domicile

4. Certificate of Company Domicile  Issued by the head of the provinsi where company is located or
by the building management if the office space is leased

5. Pay Non-Tax State Revenue Fees for  IDR 1,000,000.00 validation of company as legal entity IDR 1,580,000.00
legal fees  IDR 30,000.00 for publication in the State Gazette
 IDR 550,000.00 for publication in the Supplement State Gazette

6. Application for Trade Business Licence
(Surat Izin Perdaganga “SIUP”)
(obtained first before TDP)
 Licence to allow business entity to engage in trading business
such as selling and purchasing goods or services or any
transaction involving the transfer of ownership over goods or
services
 Documents to be attached to the application;
  Apply online through OSS
 Small-scale Trade Licence
(smes)
 Large Trading License
(Provincial Trade Office)
o Copy of company’s articles association
o Attestation of location and the address of company
offices
o ID card for company’s President/Director
o Letter of approval for Establishment of a company

7. Company Registration Certificate  Documents related:

(Surat Tanda Daftar Perusahaan) o Identity Card
o Trade Business Licence
o Tax ID Number
o Establishment Deed
o Disturbance License/izin gangguan

(Reffering to Government Regulation No. 24 year 2018 the registry

process should be done via OSS but for some reason in some region
the process is still manual and must be registered at Regional
Government Licensing Service/Dinas Perizinan or at some region
usually called One Door Integrated Service)

8. Registration with Ministry of Manpower  Report to contain;

o Company identification
o Manpower identification
o Manpower protection
 o Employment opportunities
9. Miscellanous Applications Applications for;
1. Worker’s Social Security Program (BPJS Ketenagakerjaan)
2. Healthcare insurance