Having a company is a dream of many people but reaching it is not as easy as flipping a paper. There are so many things that should be prepared for establishing a new company. After you have the final concept for your company, you still have many lefts to be prepared such as company administration, permission, etc. Company set up in Indonesia have to meet many regulations so that the company can be legally established.
This article will provide you some necessary information and tips about company set up in Indonesia. There are many terms and conditions to make your firm legally valid in Indonesia, and you need to meet all the qualifications to be achieved. Here is some information that might help your company set up in Indonesia.
Requirement of company set up in Indonesia
To establish a company in Indonesia, you must obtain permission from relevant government agencies. Here are the data that you need to prepare to have your company set up in Indonesia :
- Company’s name (minimum 3 options).
- Company business field.
- Company address.
- Company shareholders’ name and identity.
- Information about Company’s authorized capital (minimum Rp. 51.000.000,- to establish a PT).
- Information about Company’s paid-in capital (minimum Rp. 51.000.000,- to develop a PT).
- The director’s or the owner’s identity card.
- Tax ID number (NPWP) of the director or the owner.
- 2 pieces 3×4 pass photo.
Steps of company set up in Indonesia
- Making the Company Certificate
The first term to have your company set up in Indonesia is to have your firm legally valid by collecting your Company Certificate from the authorized government. Usually, this kind of certificate contains information about your company name, company’s business field, the name of the shareholders, authorized capitals, paid-up capital, information about directors board and commissioners. This certificate will open your way to obtain other certificates to have your company set up in Indonesia.
- Obtaining the Business Domicile Certificate
You can get this certificate from the village office where your company established. Based on this letter, the Chief of the district will issue the same document. You must obtain this certificate to make your company set up in Indonesia and legally achieved by the local communities. To receive this letter, you will need the copy of your Company Certificate. In some case, the village officer will also ask you about the copy of company place lease agreement or company land certificates.
- Creating the Company Tax ID number (NPWP)
This doc is also the primary term for having your company set up in Indonesia. To get your company Tax ID number (NPWP), you will need the copy of your Company Certificate and also a copy of the Company’s Business Domicile Certificate. In some case, there is some tax office that will ask you about the Ministerial Decree on Ratification of Company Establishment Deed. The tax ID number is a must if you want your company set up in Indonesia.
- Obtaining Decree of Ratification of Company Establishment Certificate from Department of Law and Human Rights
To receive this certificate, you will need a copy of the company’s license and also a copy of the Company’s Business Domicile Certificate. Having your company set up in Indonesia has many steps and requirements. After all the certificates above ready, you will have to get the Company’s Business License for your company to operate. The last action to have your company set up in Indonesia is to manage the Certificate of Company Registration. You can obtain this certificate after you have the Company’s Business License.
There are so many things that you have to prepare to make your company set up in Indonesia. So, before you go to the related office, you have to make sure that all the documents are prepared. Hopefully, this article can be a help for in having your company set up in Indonesia.