A PT PMA (foreign-owned company) is the legal entity required for foreigners to run a business in Indonesia. It allows you to hire staff, issue invoices, and apply for permits.
Generally, 1 weeks depending on the business sector, required permits, and document completeness.
No, foreign investors can own 100% of a PT PMA in most industries, but some sectors may require partnership with an Indonesian shareholder.
Passport copy, proposed business activity (KBLI code), company address, and minimum capital plan.
NPWP is an Indonesian Tax Identification Number. Both expatriates (with KITAS/KITAP) and companies (PT PMA) must have it for tax compliance.
For individuals: 3–5 business days. For companies: 5–10 business days, if documents are complete.
EFIN is the Electronic Filing Identification Number, required to access Indonesia’s online tax system (DJP Online) for filing taxes.
Yes, if your annual revenue exceeds IDR 4.8 billion or if your business activities fall under VAT regulations
Yes, all businesses in Indonesia must file monthly tax reports (VAT, Withholding Tax, Corporate Tax installments).
Penalties apply: late payment fines and interest, plus risk of compliance issues with the tax office.
Yes, we provide end-to-end services covering bookkeeping, monthly reporting, and annual corporate tax returns.
Yes, we manage payroll, salary tax (PPh 21), and BPJS setup for employees.
Yes, NPWP helps expatriates open local bank accounts more easily and improves financial credibility.
No, much of the process can be handled remotely, but some steps may require your presence or a power of attorney.
Yes, our team communicates in English and Indonesian for clear guidance.
Yes, we also advise on compliance, licensing, and investment strategies for foreigners in Bali.
Copyright © 2025 Baliaccountants. All Rights Reserved.