INDONESIA


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Uploaded on May 4, 2020

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INDONESIA

COMPANY REGISTRATIONS IN INDONESIA RAHUL AGARWAL INDONESIA Indonesia is an archipelago of  islands between the Indian  Ocean and the Pacific Ocean,  located in South-East Asia.  During the global financial  crisis, Indonesia outperformed  its regional neighbours and  joined China and India as the  only G20 members posting  growth in 2009.  SETTING UP A COMPANY IN  INDONESIA • A foreign direct investment company in Indonesia (known locally as “Penanaman Modal Asing” or PMA) and can take the  form of a 100% foreign owned limited liability company. • It can also be established as a limited liability company through a joint venture with Indonesian partners • The Corporate Law requires that there are at least two shareholders in a PMA company, or any limited liability company • The shareholders can be two individuals, two companies, or a mixture of both • An Indonesia Representative Office can also be 100% foreign-owned and controlled, but is not permitted to make direct  sales in Indonesia • Indonesia company formation allows access to a network of double taxation treaties with countries including Australia,  France, Germany, Singapore, South Africa, the US and the UK • The Indonesian economy is ranked as the 46th-most competitive economy in the world, according to the World Economic  Forum’s Global Competitiveness Report 2011-2012 THANK YOU