Domestic-Invested Companies Incorporation

Domestic-invested companies incorporation in Indonesia

Limited liability company wholly owned by Indonesian legal entities with more flexibilities.
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Establishing a domestic-invested company in Indonesia involves several key steps, including filing an application, preparing the necessary documentation, and obtaining approvals from relevant government agencies. The entire process typically takes 2-3 months and requires the following:

  • Director: At least one Director is required, who can be either a local or a foreigner with an Indonesian Tax ID.
  • Local Commissioner: The company must have one Local Commissioner, whose main responsibility is to supervise and monitor the work of the directors, ensuring that all company activities align with the company’s objectives.
  • Shareholders: A minimum of two local shareholders is needed to complete the company structure.”

Domestic-invested companies incorporation Process

  1. Minimum Capital
    Required paid-up capital: IDR 1 billion
  2. Legal Registration
    – Notary processes registration within 7 days.
    – Ministry of Law and Human Rights issues the company establishment decree.
  3. Registration of Online Single Submission (OSS)
    – Online registration within 10 days.
    – Obtain Business Identification Number, Company Registration Certificate, Business Domicile Certificate, and basic licenses of Standard Classification of Indonesian Business Fields
  4. Bank Account Setup
    – Deposit paid-up capital after tax ID approval.
    – Provide deposit proof to notary

Important Notes

  • After documents completion, the whole process takes 5 to 8 working weeks.

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