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Indonesia Incorporation
Indonesia incorporation is complicated by bureaucracy. Some points to consider when incorporating in Indonesia include:
1.
Of the four different corporate entities available to foreign investors incorporating in Indonesia, only the Joint Venture Company and Nominee Trading Company require an Indonesian citizen shareholder. However, 15 years after Indonesia incorporation, a wholly foreign-owned company must sell some shares to an Indonesian citizen or company.
2.
When incorporating in Indonesia, the standard term for a business licence is 30 years.
3.
Prior to incorporating in Indonesia, all company types, except the Representative Office, require a minimum of two shareholders and directors.
4.
When incorporating in Indonesia, a company Secretary and registered office is required for all company types.
5.
Prior to Indonesia incorporation, all company types, except the Representative Office, require a minimum issued share capital of US$1,000. The Representative Office has no capital requirement.
6.
After Indonesia incorporation, none of the business entities need to rent business premises.
7.
After Indonesia incorporation, only the wholly foreign-owned company is free of annual accounting, audit and tax obligations.
8.
After Indonesia incorporation, the company director and shareholder details are available for viewing on a public register for all entities except the Representative Office.
Contact Us
For more information on Indonesia company formation, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
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Buy the Indonesia Chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com


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