News: Registration of company in Indonesia

How is it possible to register a company in Indonesia? Main grounds and stages of procedure

Company registration in Indonesia is available to businessmen from the CIS countries and other regions of the world due to the lawyers of the company Law & Trust International. Specialists carry out an initial free consultation on the issues of establishment of business in Indonesia, collect documents, and their preparation for submission to the foreign jurisdiction.

When registering company in Indonesia it is necessary to take into account the provisions of legislation, as well as the national peculiarities of local residents. Due to the complex of services provided by the Law & Trust lawyers you will save considerable amount of time and money on a detailed examination of the legal provisions of the state.

Registration of company in Indonesia: general provisions

1. All undertakings in the territory of the said country are divided into private, municipal and state. The most profitable types of business in Indonesia are private companies with limited liability (Perseroan Terbatas) and cooperatives (Koperasi). Another lucrative organizational and legal form of business in Indonesia is the establishment of interstate partnerships (Maatschap, Firma, Commanditaire Vennootschap). In addition, it is possible to set up representation of the main company within the state borders (Representative Office).
2. Types of activities of the company in Indonesia: the state regulation keeps open almost all spheres of the economic segment to foreign entrepreneurs. The most popular are tourism, transport segment, establishment of restaurant business, as well as real estate market. In case the company does business in narrow specialization, additional licensing may be required.
3. In order to register company in Indonesia and obtain certificate expert help is needed. Formation of the volume package of documents involves considerable expenditure of time and effort. Lawyers of Law & Trust deal with preparation of documentation, negotiation with representatives of the foreign jurisdiction and other tasks, the fulfillment of which is important for obtaining the relevant permissions.

Business Registration in Indonesia: stages of the procedure

Company establishment period is about 2 months.
The period includes all stages from the initial consultation of the client to the receipt of the official permission to carry out activity in a particular area.

1. Registration of the company in Indonesia starts from preparation of the name. The name shall be registered in the Ministry of Justice of the state. Thorough verification of the company name is necessary. The name should be unique, not mislead the client, not contain abusive language or propaganda phrases.
2. The client shall fill the official application form, and provide personal documents to the lawyer of the company Law & Trust. After individual conversation the specialist clarifies specific list of documentation necessary for submission to the foreign jurisdiction in a particular case. Among the documents required for submission are passport and confirmation of place of residence. The act of establishment of the company, the agreement with the shareholders, the company's charter describing the type of activity or the attached list of sales&distribution objects are prepared by our experts.
3. Contribution of the share capital. Minimum share capital depends on the type of activities of the business. Registration of the business in Indonesia assumes contributing at least $ 10,000. Funds should be constantly in the bank account of one of the banks of the country, and part of them can be used for business development.

Registration of offshore company in Indonesia is not allowed due to lack of taxation-free zones. Offshore company in Indonesia is the fraud of scams.

Registration of the company in Indonesia makes it possible to make profit due to significant expansion of the target audience. The presence of a branch in Asia allows to quickly develop trade network and increase profits.

Lawyers of the company Law & Trust expect the clients’ applications during working hours by phone or on the website, and it is also possible to conduct personal meetings in the office of the company.