Two main routes out of the other 9 pathways for foreign entrepreneurs to obtain Indonesian residency are the E28A Investor Visa, which is for investors who want to own shares in an existing Indonesian PMA (Perusahaan Modal Asing) company, and the E28B Investor Visa, which is for entrepreneurs who want to start a new PMA (Foreign-Owned Company) in Indonesia.
For entrepreneurs seeking investment residency in Indonesia, company setup is the perfect solution, as 100% foreign ownership is permitted in many business sectors. These programs are designed for investors and business owners, allowing a stay of 1-2 (E28A) or 5-10 (E28B) years, depending on category, with renewals every two years, as long as the eligibility requirements continue to be met. You can continue to operate your company in Indonesia even if you choose not to renew your residency after two years, as the company and residency status are independent once your business or personal bank account is established. Foreigners are allowed to serve as legal representatives, and the only requirement is to have at least two shareholders; one acting as Director and the other as Commissioner.
i. To incorporate a Company in Indonesia, you need at least 2 founders, with a maximum of 5–6 founders/shareholders allowed. One of them will be the Board of Director and the second the commissar (both positions may be held by foreign nationals; however, at least one executive must hold a valid KITAS (Temporary Stay Permit)).
ii. Processing time: approximately 3 weeks.
iii. Physical office in Indonesia is required (contact for Domicile Services)
iv. The client needs to come up with three names for the company; each proposed name should consist of 3 words in English.
v. Choose the most suitable KBLI (Klasifikasi Baku Lapangan Usaha Indonesia) codes (similar to NAICS or SIC codes in other countries) for your activity, except development, education, and medicine.
vi. PT PMA (joint-stock company) with foreign participation can be incorporated either remotely or in person in Bali, carried out through a notary, government agencies, and Indonesia’s Online Single Submission (OSS) automated system.
vii. Minimum capital requirements for obtaining an Investor KITAS (E28A) are IDR 10 billion (approximately USD 650,000) per foreign shareholder applying for Investor KITAS (E28A) status with no fixed deadline for capital injection, as any funds transferred into the company account may be treated as capital contributions.
Indonesia introduced significant changes to foreign company registration rules effective June 18, 2026. Currently, only about 10–15 types of business activities can still be registered in Bali. Most other business activities are now only available for registration in other regions of Indonesia.
Therefore, it is important to understand:
• Whether the client plans to register the company in Bali;
• What business activities the company will conduct;
• The purpose of incorporating the company (business operations, obtaining an Investor KITAS, making investments, or other objectives).
Once we have this information, we can determine the most suitable company structure and location for registration.
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)
To qualify for the E28A investor visa, you will generally need:
To qualify for the E28B investor visa, you will need:
A company opened outside Indonesia will not work for a residence permit as an Investor’s KITAS. Only a company opened in Indonesia will work.
• To open the corporate bank account, the company director must travel to Indonesia in person. Once the account is active and you have the official bank statement, we can submit the application for the Investor KITAS (E28A visa).
• Other foreign co-founders do not need to fly in—only the director’s physical presence is required.
• Token and security setup provided by the bank
Note: You can open a bank account only in person. However, we can set up a virtual office for you.
Important Note:
To keep your bank account active in Indonesia, you must maintain an Indonesian SIM card registered in your name. To keep this SIM card active, you also need to use it with a locally purchased cellphone. Imported phones from abroad can only function for about three months before being automatically deactivated, as the system tracks and blocks unregistered IMEI codes. Therefore, it’s recommended to buy a simple local phone (even an old Nokia model for around $50) and use it with an Indonesian SIM card. This ensures continuous access to your bank account. As mentioned above, even if you do not renew your residency, you can still keep both your company and bank account active.
α. Full bookkeeping and tax reporting included.
β. Approximately 12–16 reports per year (monthly and annual tax filings).
γ. Costs vary based on turnover.:
• Companies with turnover < USD 300,000: 0–5% tax
• Above USD 300,000: 11% VAT (BPM)
• Accurate accounting service cost depends on company size and activity (ask for a quote).
Company closure if you decide to terminate.
The E33G Visa (Kitas Pekerja Jarak Jauh) allows foreigners who work remotely for companies outside Indonesia to live and work legally from within the country. It’s designed for digital nomads and remote professionals seeking to stay in Indonesia while continuing their overseas employment. The visa is valid for 1 year and can be extended online via evisa.imigrasi.go.id, while the visa itself must be used to enter Indonesia within 90 days of issuance.
Digital Nomad KITAS (E33G) for remote workers and their family dependents. Processing time is approximately 9 working days.
Requirements:
1) Passport valid for at least 6 months
2) Selfie on a white background (taken within the past year)
3) Proof of financial means: bank statement (last 3 months) showing at least USD 2,000.
4) Proof of income: annual salary or income of at least USD 60,000.
5) Employment contract with a foreign company (outside Indonesia)
6) Curriculum vitae (CV)
7) Travel itinerary
8) Indonesian address (can be virtual)
Advantages:
a) Stay in Indonesia up to 1 year
b) Unlimited re-entry and exit
c) Work remotely for foreign companies
d) Open a local bank account
e) Apply for visas to other countries. Because a KITAS is a residency permit, distinct from long-term tourist visas such as the Thai DTV Visa, designed for digital nomads, remote workers, and long-term visitors for 5-year multiple entry.
One of the main benefits of having a residency (KITAS) in Indonesia is that it makes the legalization of your documents much easier and faster. For example, if you plan to apply for the Argentine Rentista residency, you will need to present documents such as your company ownership certificate, proof of passive income or dividends, and a bank letter. With an Indonesian residency, you can have all these documents notarized and apostilled directly at the Ministry of Law and Human Rights in Indonesia, without visiting the Argentine Consulate. Once everything is apostilled, including the power of attorney, you can simply send the documents to Buenos Aires, where the Immi Legal team will submit them to the Argentine Migration Department on your behalf for Entry Authorization to Argentina. After your Entry Authorization is approved, you can enter Argentina as a resident instead of a tourist. Applicants who require a visa to enter Argentina still need to visit the consulate for an interview; however, with an approved entry permit, your chances of having the entry visa stamped in your passport are significantly higher than when applying for a regular tourist visa.
Apostille and Notary Service Providers in Indonesia:
1. https://notary24.com/
2. https://baliapostille.com/pricing/
3. https://apostille.id/police-record-apostille-indonesia-2025-fast-new/
The D12 Visa allows foreigners to enter Indonesia for business startup activities or to explore investment opportunities. It also permits visiting tourist attractions and meeting friends or family. This multiple-entry visitor visa grants an initial stay of up to 180 days, extendable for a total of 12 months, but it cannot be converted into a temporary stay permit. Applicants must have a local sponsor registered on evisa.imigrasi.go.id, and the process typically takes five working days after payment. The total cost will be USD 1200 for one year. Must renew after 6 months (visa run required) or renewal from inside Indonesia will cost an extra USD 500. You can open a local Indonesian savings bank account at no cost.
Required Documents:
1. Residential address in Indonesia
2. Passport photo page (clear scan)
3. Passport-style photo (selfie on a light background)
Visa activation: You must enter Indonesia using this visa to activate it. Since the process is fully online, you don’t need long-term residency in any country to apply. Unlike most countries that require consulate appointments, Indonesia’s system is simple, fast, and accessible, the true beauty of Indonesian visa approach.
The C1 visa is a single-entry visitor visa for visa-required countries for tourism, business meetings, or site visits, valid for 60 days and extendable up to 180 days. Our service fees cost USD 300 per 60 days per person, renewable in person from inside (USD 300), or we can renew online too for USD 350. Applicants need a passport valid 6+ months, proof of USD 2,000 funds, and a return ticket. No sponsor required unless stateless or holding a non-national passport. Processing takes about five working days.
The B1 visa is a Visa on Arrival (VoA) that allows single entry to Indonesia for tourism, visiting family or friends, attending meetings, conventions, or transiting to another country. It is valid for 30 days and can be extended once for another 30 days from inside Indonesia. The cost is USD 150 for 30 days and USD 150 for renewal from inside. Citizens of eligible countries, such as Argentina, can apply online via evisa.imigrasi.go.id or indonesiavoa.vfsevisa.id by uploading a valid passport (6+ months), a return or onward ticket, and a recent photo, with digital payment by card. Processing takes about 1 day, and no sponsor is required. Holders of this visa cannot work or earn income in Indonesia.
