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The PT PMA and the Capital requirement; no longer overlooked!

2021-07-24T19:29:05+07:00July 24th, 2021|

The PT PMA and the Capital requirement; no longer overlooked! (Now IDR 10 Billion ≈USD 690.000. Make no mistake!)  An Investment Capital of IDR 10 Billion (about USD 690.000) is mandatory.  Increased from IDR 2.5 Billion (about USD 172.500)  Nevertheless, the idea that an investment of 10 billion does not need to be fulfilled at the time of PMA establishment is very common among foreign investors. WHY?  Because Before:  When you read some law, this seems to be [...]

Abbreviations and Acronyms

2020-06-03T15:42:05+07:00June 3rd, 2020|

Abbreviations and acronyms generally/commonly used the in formalities world Glossary of definition  Immigration related:  BVKS       = Bebas Visa Kunjungan Singkat - Free Visa for Short Visit DIRJEN = Director General of Immigration - main authority on most Immigration                       decisions like ITAS conversions, KITAP, WNI-ship, Blacklist removal EPO        = [...]

Companies in Indonesia. PMA and PMDN

2019-07-16T09:36:37+07:00July 16th, 2019|

To PMA or not to PMA?  That is the question! Dreaming about setting up and starting your own business in a tropical country, has been the dream of many. Leaving the daily rut behind to strive for something you truly believe in.  Many of us have regularly daydreamed about it. To only succumb after learning how, [...]

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