Setting Up PT PMA in Indonesia
It is called a foreign-owned company if any foreign individual or entity holds share(s) in an Indonesian company. A foreign-owned company is often called PT PMA which stands for Perseroan Terbatas Penanaman Modal Asing or the limited liability of foreign investment. In this article,...
Property Ownership in Indonesia for Foreigners
In terms of owning property in Indonesia, it can be in the form of the land and the building. Specifically for the land, the regulations provide 3 (three) types of land strata title. There are Right to Use (Hak Pakai),...
Marry an Indonesian? 5 Things You Should Prepare
PRENUPTIAL OR POSTNUP AGREEMENT (hereinafter referred to “Agreement”) This agreement is quite essential if the couples plan to buy property in Indonesia. The purpose of the Agreement is to separate the wealth of a married couple. Based on Indonesian marriage...
Indonesian Visa and Stay Permit: A Complete Guidance of KITAS, KITAP, VISIT STAY
To enter the Indonesian territory, every Foreigner must have a legal and valid (i) passport; (ii) visa as the entry document (except those who are exempt from the obligation to have a Visa); and (iii) stay permit to legally stay...
E-Commerce and Marketplace in Indonesia: Requirements to Do the Business
The e-commerce and marketplace essentially conduct buying and selling products and services online or electronically. E-commerce is a retail online meanwhile marketplace is a platform between the seller and buyer to do transaction electronically. According to Indonesian regulatory, the e-commerce...
How Foreign E-commerce and Marketplace Doing Business in Indonesia
The Indonesian government has issued a regulation for foreign business practitioners specifically in e-commerce and marketplace business. The “foreign” itself is defined as a foreign individual or business entity that incorporates and is domiciled outside the Indonesian jurisdiction which carried...
Mengenal PT Perorangan
Perseroan perorangan didirikan oleh 1 (satu) orang yang memenuhi kriteria Usaha Mikro dan Kecil sebagaimana diatur dalam Undang-Undang Nomor 11 Tahun 2020 tentang Cipta Kerja (“UU Cipta Kerja”). Pendirian perseroan tersebut didasarkan pada surat pernyataan pendirian. PERBEDAAN MENDASAR ANTARA PERSEROAN...