Registering a business in Indonesia requires meticulous preparation of various documents to comply with local regulations.
This guide outlines the key documents necessary for business registration, providing foreign investors with a clear understanding of the requirements.
What Documents Are Required for Business Registration in Indonesia?
The specific documents required can vary depending on the type of business entity you intend to establish.
However, the core set of documents generally includes the following:
- Articles of Association (AoA)
This document outlines the company’s structure, purpose, shareholders, and operational procedures.
Requirement: Must be notarized by an Indonesian notary and include details such as company name, address, shareholders, capital structure, and business activities.
- Deed of Establishment
The official document confirms the establishment of the company.
Requirement: Obtained after the notarization of the AoA and approval from the Ministry of Law and Human Rights.
- Identification Documents
Foreign Shareholders and Directors:
Passport copies: Valid passports of all foreign shareholders and directors.
Visa copies: Relevant visas if shareholders or directors are residing in Indonesia.
Local Shareholders and Directors:
KTP copies: Indonesian ID cards of all local shareholders and directors.
Taxpayer Identification Number (NPWP): For local shareholders and directors.
- Company Name Reservation Certificate
Proof of reservation of the company’s name.
Requirement: Issued by the Ministry of Law and Human Rights after verifying that the chosen name is unique and complies with regulations.
- Business Identification Number (NIB) Registration
Registration through the Online Single Submission (OSS) system to obtain the NIB.
Requirement: NIB serves as the business license, importer identification number, and customs access.
- Taxpayer Identification Number (NPWP)
The company’s tax registration number.
Requirement: Issued by the local tax office after submitting necessary documents.
- Domicile Letter (Surat Keterangan Domisili)
Proof of the company’s business address.
Requirement: Issued by the local district office (Kelurahan).
- Business Licenses and Permits
Industry-specific licenses and permits depending on the nature of the business (e.g., Location Permit, Building Permit, Environmental Permit).
Requirement: Acquired through the OSS system or relevant regulatory bodies.
- Bank Account Opening
Documents required to open a corporate bank account.
Requirement: Typically includes the Deed of Establishment, NIB, NPWP, and identification documents of the authorized signatories.
How to Register a Company in Indonesia
To register a company in Indonesia, you need to follow a step-by-step process to ensure all legal requirements are met. Here is an overview of the procedure for Indonesia company registration:
1. Choose the Type of Business Entity
Determine the type of company you want to establish, such as a limited liability company (PT), representative office, or another legal structure that suits your business needs.
2. Reserve the Company Name
Select and reserve a unique company name through the Ministry of Law and Human Rights to ensure it complies with regulations.
3. Prepare the Required Document
Gather the necessary documents, such as the Articles of Association (AoA), Deed of Establishment, identification documents for shareholders and directors, and other specific documents like the Business Identification Number (NIB) and tax registration number (NPWP).
4. Notarize the Documents
Certain documents, such as the Articles of Association, must be notarized by an Indonesian notary. After notarization, the documents need to be submitted to the Ministry of Law and Human Rights for approval.
5. Register the Company
Use the Online Single Submission (OSS) system to register the company and apply for the Business Identification Number (NIB). This process allows you to obtain the necessary licenses and permits to operate.
6. Obtain Business Licenses
Depending on the nature of your business, you may need specific industry-related licenses or permits. These can include building permits, environmental permits, or other necessary approvals based on your business activities.
7. Open a Corporate Bank Account
Once your company is registered, you can open a corporate bank account using the required documents, such as the Deed of Establishment and NIB.
8. Ensure Ongoing Compliance
Stay compliant with local regulations by maintaining up-to-date records, renewing licenses, and submitting tax reports regularly.
Consult with Abhitech as Your EOR Provider
Ensuring that all necessary documents are correctly prepared and submitted can be complex and time-consuming.
Abhitech, as an experienced Employer of Record (EOR) service provider, can assist you by:
- Document Preparation: Guiding you through the preparation and notarization of required documents to ensure compliance with Indonesian regulations.
- Regulatory Compliance: Managing interactions with regulatory bodies to streamline the approval process.
- Ongoing Support: Providing continuous compliance support to address any regulatory changes and maintain smooth operations.
With over 30 years of experience, Abhitech ensures a seamless and efficient business registration process, allowing you to focus on your core business activities with confidence.
Sources
Indonesia Investment Coordinating Board (BKPM): Comprehensive information on the business registration process and required documents.
BKPM
Ministry of Law and Human Rights: Guidelines on company name reservation and document requirements.
Ministry of Law and Human Rights
Online Single Submission (OSS) System: Central platform for business registration and licensing.
OSS System
For personalized guidance and assistance, contact Abhitech to ensure your business setup in Indonesia is handled efficiently and in full compliance with local laws.