How to setup formation of local investment company (PMDN)
The creation of a company in the Republic of Indonesia intended for Indonesian citizens is known as a Local Investment Company (PMDN).
The price to start your local investment company (PMDN)
Formation of Local Investment
Company (PMDN)
IDR 10.000.000
Prices above include:
All company formation documents.
Government approvals and business license.
Federal company tax file number.
Please check the several informations for local investment company (PMDN)
Processing time
- Up to 30 business days.
Document requirement
- Bali Visas application form.
- Choose company name (provide 3 different name options) and business address.
- Select business purpose/ business category.
- Choose shareholders and percentage share allocations.
- Execute company deed of establishment with the notary.
- Scan of the identity and signature pages of shareholders’ passports (no photos, must be a color scan).
Price above exclude
- NPWPD (regional tax registration) – IDR 1.000.000.
- NPWP (personal tax registration per shareholder) – IDR 1.000.000.
- LKPM (investment activity report – required every 3 months) – IDR 2.000.000.
- RUPS (modifications of shareholders agreement) – IDR 8.500.000.
- Virtual Office (if required) – IDR 6.000.000/year.