PT PMA Company Registration in Indonesia: Complete Step-by-Step Guide for Foreign Investors (2026)

Indonesia is one of the most attractive destinations for foreign direct investment in Southeast Asia. With a GDP of over USD 1.4 trillion, 270 million consumers, and consistent economic growth of 5%+, registering a company in Indonesia gives you access to one of the world's fastest-growing markets.

If you are a foreign investor — whether from Pakistan, India, the UAE, the UK, or anywhere else — the PT PMA (Perseroan Terbatas Penanaman Modal Asing) is the primary legal vehicle for operating a business in Indonesia. This guide covers everything you need to know to register a PT PMA company in Indonesia in 2026.

1. What is a PT PMA?

A PT PMA (Penanaman Modal Asing) is a limited liability company with foreign investment in Indonesia. It is the only legal entity type that allows foreign individuals or corporations to hold equity in an Indonesian business.

PT stands for Perseroan Terbatas (limited liability company) and PMA stands for Penanaman Modal Asing (foreign capital investment). Together, this means it is a locally incorporated Indonesian company that is either partially or wholly owned by foreign investors.

2. Who Can Register a PT PMA?

Any foreign national or foreign corporation can register a PT PMA in Indonesia, provided:

• The business sector is open to foreign investment (check the Positive Investment List / KBLI)
• The investor meets the minimum capital requirements
• At least two shareholders are named (can be two individuals, or an individual and a company)

Pakistani and Indian nationals can register PT PMA companies in Indonesia — this is one of the most common investor profiles IndoDesk serves. There is no restriction based on nationality. Indonesia has active bilateral investment treaties with both Pakistan and India, offering additional legal protections and reduced withholding tax rates.

3. 2026 PT PMA Requirements

As of 2026, the requirements for registering a PT PMA in Indonesia are as follows:

Requirement	Detail
Minimum Total Investment	IDR 10 billion (approx. USD 650,000)
Minimum Paid-Up Capital	IDR 2.5 billion (approx. USD 160,000)
Minimum Shareholders	2 (individuals or legal entities)
Directors Required	Minimum 1 Director + 1 Commissioner
Foreign Ownership	Up to 100% in most sectors (check DNI list)
Registered Address	Indonesian office address required (virtual office permitted for many sectors)
Business Sector (KBLI)	Must match OSS-registered business classification

Note: Capital does not need to be deposited immediately in all cases. Certain sector-specific and risk-based requirements apply. IndoDesk can advise on your specific business sector and optimal capital structure.

4. Documents Required for PT PMA Registration

You will need to prepare the following documents to register a PT PMA in Indonesia. All foreign documents must be notarised and apostilled (or legalised at the Indonesian embassy if your country has not signed the Apostille Convention).

For Individual Foreign Shareholders/Directors

• Valid passport (all shareholders and directors)
• Proof of address (utility bill, bank statement — no older than 3 months)
• Personal bank reference letter
• Curriculum Vitae (CV) of directors
• Notarised and apostilled Power of Attorney (for remote registration)
• Recent passport-sized photograph

For Corporate Shareholders (if a company is a shareholder)

• Certificate of Incorporation
• Memorandum and Articles of Association
• Board Resolution authorising the investment
• Certificate of Good Standing
• All documents must be apostilled and translated into Bahasa Indonesia by a sworn translator

Indonesia-Specific Documents Prepared by IndoDesk

• Indonesian Deed of Establishment (Akta Pendirian) — notarised by Indonesian Notary
• SK Kemenkumham (Ministry of Law and Human Rights approval)
• NIB (Nomor Induk Berusaha — Business Identification Number) via OSS
• Business Licence (Izin Usaha) relevant to your KBLI sector
• Tax Registration (NPWP — Tax Identification Number)
• PKP Registration (VAT registration) if applicable
• Domicile letter / virtual office agreement for registered address

5. Step-by-Step PT PMA Registration Process

The PT PMA registration process in Indonesia follows a structured sequence. IndoDesk manages every step on your behalf — you just need to provide the documents.

6. PT PMA Registration Costs & Timeline

Service	Cost (USD)	Timeline
PT PMA Registration (Full Service)	From USD 1,000	7–8 business days
Virtual Office Address (1 year)	USD 300–500	Same day
Investor KITAS (work visa)	From USD 1,500	4–7 business days
Dependent KITAS (family)	USD 350	After main KITAS
Annual Compliance Package	USD 800–1,200/year	Ongoing

Government fees are included in IndoDesk's registration package. There are no hidden charges. All fees are quoted in USD and can be paid via wire transfer, Wise, or other international methods.

7. Annual Compliance for PT PMA Companies

Once registered, a PT PMA must fulfil several annual compliance obligations to remain in good standing with Indonesian authorities. IndoDesk offers ongoing compliance packages to handle all of these on your behalf.

Key Annual Compliance Requirements

• LKPM Report (Investment Activity Report): Submitted quarterly to BKPM (Indonesia Investment Coordinating Board). Reports on business progress, employment, and investment realisation.
• SPT Tahunan (Annual Corporate Tax Return): Due by April 30 each year. Corporate income tax in Indonesia is 22%. Requires annual financial statements prepared by a licensed accountant.
• RUPS (Annual General Meeting of Shareholders): Must be held within 6 months of financial year end. Minutes must be documented and filed.
• Monthly VAT Returns: If VAT-registered (PKP), monthly VAT returns must be filed by the last day of the following month.
• Employee Reporting: If you have Indonesian employees, monthly payroll tax (PPh 21) filings are required.
• BPJS Registration: Mandatory social security registration for Indonesian employees (BPJS Ketenagakerjaan and BPJS Kesehatan).

8. PT PMA vs PT PMDN — What's the Difference?

Feature	PT PMA (Foreign Investment)	PT PMDN (Domestic Investment)
Foreign Ownership	Up to 100%	0% (Indonesian shareholders only)
Who can register	Foreign nationals/companies	Indonesian nationals only
Minimum Capital	IDR 10B investment / IDR 2.5B paid-up	Lower thresholds
Can sponsor Investor KITAS	Yes	No
Sectors available	Most sectors (check DNI)	All sectors
Suitable for	Foreign investors	Indonesian citizens

As a foreign investor, PT PMA is the only option for owning equity in an Indonesian company. PT PMDN requires Indonesian shareholders and cannot be used by foreigners to own or operate a business independently.

9. Can I Register a PT PMA Without Visiting Indonesia?

Yes — 100% remote PT PMA registration is possible. Thousands of foreign investors have registered PT PMA companies in Indonesia without ever setting foot in the country. IndoDesk specialises in remote company registration for investors in Pakistan, India, UAE, UK, and beyond.

The remote registration process works as follows:

1. You sign a Power of Attorney (PoA) document in your home country, have it notarised by a local notary, and apostilled by the relevant government authority.
2. The apostilled PoA is sent to IndoDesk in Indonesia.
3. IndoDesk acts as your legal representative for all company registration steps at the Indonesian notary, OSS, Ministry of Law, and tax office.
4. All company documents (Akta, SK, NIB, NPWP) are delivered to you digitally and by courier.

The only step that typically requires your physical presence is opening a bank account in Indonesia. However, some Indonesian banks (e.g., BCA digital services) are exploring remote account opening — IndoDesk can advise on current options.

10. Frequently Asked Questions

Related: Investor KITAS Indonesia Guide • Pakistani Investors Guide • All FAQs • IndoDesk Home