Company formation

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 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        = [...]