“There are several types of new Visas, including Visit Visa for single entry with a period of 180 days and Visit Stay Permit for Pre-Investment” Based on data provided by Custodian Sentral Efek Indonesia (“KSEI”), in February 2022, the number of investors in the capital market is 8,1 million, the
“After completing the required documents, the foreign investor needs about 15-20 working days to establish a PT PMA in Indonesia. The essential things in PT PMA establishment are the foreign investor needs to prepare a minimum 2 (two) shareholders, check the business field’s limitation for the foreign capital own, and
“An import and export activities has increased in Indonesia; licenses are an essential requirement to run the business of import-export.” As an investment in Indonesia tends to grow, there are a lot of foreigners who intend to invest in Indonesia. Foreign investment in Indonesia is defined as an investing activity
“One of the differences between KPPA and KP3A is the scope of the business activities.” In order to facilitate pre-investment of foreign capital investment and foreign company business expansion in Indonesia, the Government allows the incorporation of foreign company representative, which represents the foreign company or group of foreign companies
“Residence Permits that have been granted to Investors, it can be converted into Permanent Stay Permits that are valid for 5 (five) years and can be extended indefinitely.” I. Differences between KITAS and KITAP Investor: Investor KITAS is a license granted to an Investor to stay and be in the
With the enactment of Law Number 3 of 2011 concerning the Organization of Fund Transfers. Funds Transfer business activities continue to grow in Indonesia. This activity is very diverse, starting from non-bank services, then developing with service arrival services to the bank office, until finally the transfer activities are carried
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