MATARAM — Investing in Lombok through a foreign-owned company is the best and legal way for foreigners to invest in Indonesia. You might be wondering how to establish a foreign-owned company in Lombok. Don’t worry, the process is easy and fast, usually taking just a few weeks.
A foreign investment company, known as PMA (Penanaman Modal Asing), can be 100% foreign-owned depending on the business sector. Here are the essential basics you need to know before establishing a foreign-owned company in Lombok.
Requirements for Registering a Foreign-Owned Company
- Founder’s Identification: Passport or ID card of the founder.
- Founder’s Contact Information: Home address, email, and phone number.
- Company Name: A name that reflects the company’s business field.
- Company Address in Indonesia: Office address, email, and phone number.
- Business Area and Project Address: Location of the company’s business and project.
Structure of a Foreign-Owned Company
- Shareholders: At least 2 persons, who can be individuals or legal entities.
- Board of Commissioners: At least 1 person.
- Board of Directors: At least 1 person. Note that foreign directors need a work permit.
Steps to Establish a PMA Company in Lombok
- Submitting the Company Name
- The client submits the desired company name to lawgos.id & Partners.
- Issuance of the Company Establishment Act
- Lawgos.id & Partners will issue the company establishment act.
- Approval of Legal Entity
- The Ministry of Law and Human Rights will issue legal entity approval for the PMA company.
- Business Registration Number
- The Investment Coordinating Board will issue the Business Registration Number (NIB).
- Domicile Letter
- The local government will issue a domicile letter for the company.
- Taxpayer Identification Number
- The Regional Tax Office will issue the company’s Taxpayer Identification Number (NPWP).
- Business and Operational Permits
- Obtain the necessary business and operational permits according to the company’s business field.
Timeline
Once all required documents are submitted, the foreign-owned company is usually ready to operate within two weeks. The PMA company can then purchase property in Lombok in its name. However, note that depending on the business sector, additional local permits and/or operational or business licenses may be required.
Consultation and Assistance
If you need assistance in the process of establishing a PMA company in Lombok, you can contact lawgos.id & Partners for a free consultation. Experienced lawyers will guide you through every step of the company establishment process, ensuring all requirements are met and procedures run smoothly.
Contact:
- Lawgos
- Address: Jl. Terusan Bung Hatta Komplek Ruko Gegutu No.17-18, Rembiga, Kec. Selaparang, Kota Mataram, Nusa Tenggara Barat, INDONESIA
- Phone: +62 878-5999-9925
- Email: admin@lawgos.co.id
- Website: https://www.lawgos.id/
Your investment in Lombok can be made easier with the right support. Realize your investment plans soon and enjoy the potential returns from this growing tourist area.
