Indonesia Residency Via Company Setup

Company Registration in Indonesia

  • Set up a company in Indonesia (PMA legal entity, foreign-owned company)
  • To register a Company, you need at least 2 founders, up to 6 founders/shareholders allowed. One of them will be the director, the second commissar;
  • Processing time: approx. 3 weeks
  • If no physical office in Indonesia is required, because we will provide a legal online address 
    • Cost: USD 400 per year
  • You need to come up with three names for the company; they should consist of 3 words in English.

Choose the most suitable KBLI (Klasifikasi Baku Lapangan Usaha Indonesia) codes for your activity. (similar to NAICS or SIC codes in other countries)

2. Company Registration Documents You Will Receive:

Upon registration, you will receive:

• Notarial deed (Articles of Association)

• Business activity license

• List of founders/shareholders (TSC)

• Tax number and related documents

• Other internal company documents (6 in total)

3. Investor Residency (KITAS)

• Processing time: 2–3 weeks

• Includes electronic KITAS issuance after arrival

• Renewal is available every 2 years

• After 4 years of continuous KITAS → eligible for Permanent Residency

After 9 years, → eligible to apply for Citizenship (note: Indonesia does not allow dual citizenship)

Note: A company opened outside Indonesia will not work for a residence permit (Investor’s KITAS). Only a company opened in Indonesia will work.

4. Bank Account Opening

• Assistance with opening a corporate bank account in Indonesia

• Cost: USD 300 (or self-service option available)

• Token and security setup provided by the bank

Note: You can open a bank account only in person. But, we can open a virtual office for you.

5. Family Visas

  • Family members can obtain dependent visas:
    • 2 years – USD 1,300

6. Accounting & Tax Services

• Full bookkeeping and tax reporting included

• Approx. 12–16 reports per year (monthly and annual tax filings)

• Costs vary based on turnover:

• Companies with turnover < USD 300,000: 0–5% tax

• Above USD 300,000: 11% VAT (BPM)