Registration of a company in Indonesia

Name of service Bronze Silver Gold Platinum
Checking and reserving the company name in the "One Single Submission" system Checking the availability of the company name you have chosen and booking it in the One Single Submission register
Company registration, including government fees (PMA) Preparation of all necessary documents, including payment of state fees, and submission to the relevant authorities
Registration of an Indonesian Tax Identification Number (NPWP) Collecting, processing and submitting the necessary documents to obtain an NPWP number in the tax institution of Indonesia for obtaining other business licenses, opening a bank account and fulfilling tax obligations
Obtaining an Indonesian Business Identification Number (NIB) Collection, registration and submission of the necessary documents to obtain a NIB number for conducting direct business transactions
Foundation Agreement (for GRAIN) Preparation of a full package of constituent documents of a company of any form of ownership
Company Seal Production of the company's seal
Support in opening a corporate account in: Permata, Maybank, Mandiri Collection, registration and submission of the necessary documents for opening a corporate account of the company
Support in opening a corporate account on the crypto exchange Collecting, processing and submitting the necessary documents for a corporate account on a crypto exchange in Indonesia for a corporate account on a crypto exchange in Indonesia
Services of a local director for 1 (one) year Provision of a nominee director resident in Indonesia for signing company contracts and maintaining the confidentiality of the founder's data
Provision of services of a nominee shareholder for 1 year Provision of a nominee shareholder of a resident of Indonesia
Free consultation We offer a free consultation where you can discuss your needs and questions regarding the registration and management of the company. Our experts will be happy to help you understand the process and provide recommendations based on your situation. We will be happy to answer your questions and help you make an informed decision regarding the necessary services.
Total cost
3500 USD 5500 USD 13500 USD 17000 USD
Provision of a legal address for 1 (one) year
1500 USD 1500 USD 1500 USD 1500 USD
Remote company registration with transfer of authority
500 USD 500 USD 500 USD 500 USD
Accounting services
350 USD 350 USD 350 USD 350 USD

Deal of the month

If you will register a company until May 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Indonesia is frequently underestimated as the target jurisdiction for running a business. Still, it has rather developed financial market and can open numerous opportunities for businessmen in other fields also. This short overview may help you with considering Indonesia as an option for realization your business objectives.

Forms of Legal and Business Presence

If you intend to establish your business and legal presence in Indonesia, you may do this in the next forms:
  • Limited Liability Company (LLC) – a vehicle where the liability of founders (shareholders) is limited to the amount of their funds invested in this company. The minimum equity capital for this entity constitutes IDR 2,5 billion (around 177,000 USD) for LLC with the foreign ownership. This entity can be formed by two shareholders at least.
  • Public Limited Liability Company (also may be a Publicly-Listed Company) – a vehicle designated mostly for public offerings of shares for raising capital. The minimum number of shareholders of this entity is 300. If the entity intends to be listed, the number of shareholders should be at least 1,000. The minimum amount of the statutory capital is IDR3 billion (approximately USD 212,000) for both a public limited company and publicly-listed company.
  • Representative Office – Indonesian legislation allows establishing a business presence for corporate entities only for conducting promotional and marketing activities. This vehicle may be suitable only if you want to test business opportunities that Indonesia offers. For more substantial transactions, LLC may be required.
  • Joint Venture – an agreement between the foreign and local companies that regulate the joint conduction of business operations. This vehicle may be especially suitable if you intend to conduct business in Indonesia.
Establishing partnerships in Indonesia is not allowed for non-residents.

Registration Requirements and Steps

If you consider an option of opening a company in Indonesia, LLC for instance, you may need to pass these preliminary steps:
  1. Defining your business priorities in Indonesia.
  2. Selecting your business name and verifying such.
  3. Collecting information about founders and beneficiary owners.
  4. Opening a bank account for depositing at least 25% of the company’s chartered capital.
  5. Drafting and notarizing statutory documents of the prospective entity.
  6. Submitting documents for the approval of the company’s articles of association to the Ministry of Law and Human Rights.
  7. Arranging the registered address for a future company – obtaining a certificate of domicile.
  8. Registration for tax purposes.
  9. Registration of the company in the Company Registry through the Online Single Submission system. As a result of such submission, the applicant will get a business registration number and a business license for a newly-formed company.
  10. Registration for social security purposes.

Legal and Regulatory Framework

The legal and regulatory framework of this country may be generally considered as favourable. The registration procedure is quite straightforward and has been simplified. Still, you should keep in mind certain restrictions for doing business by foreigners in certain areas. Indonesia has its local list of such types of activities that is updated from time to time. If you have any specific request, Prifinance specialists may consult you more precisely. The procedure of establishing and running a company in Indonesia is regulated by the Civil and Commercial Codes, the Company Act. If you intend to form an entity here, you may need to deal with the Ministry of Law and Human Rights, the Ministry of Manpower and Transmigration.

Advantages of the Jurisdiction

If you consider an option of company formation in Indonesia, you may potentially enjoy these benefits the jurisdiction offers:
  • One of the largest labour markets in Asia with qualified employees
  • Developed financial sectors
  • Availability of approximately 12 special economic zones
  • Zero exchange control

Tax System

Opening company in Indonesia may also turn out to be beneficial for your global business because of these tax advantages:
  • Corporate income tax (CIT) rate – 22 %
  • Personal income tax (PIT) rate – 30 %
  • VAT – 10 %
  • Capital gains tax rates – (i) corporate – as the basic CIT rate and (ii) individual – as the ordinary PIT rate.
  • Withholding tax rates for non-residents – (i) dividends – 20 % (ii) interests – 20 % (iii) royalties – 20 %.

How Prifinance Specialists May Help You

If you think about Indonesia as your target jurisdiction, Prifinance specialists may consult you a more precisely on the peculiarities of the incorporation procedure, requirements for registration documents, conduct this registration, and open a bank account. Our professionals will be also glad to assist you with resolving other matters that may potentially arise. Reach us shortly for more precise discussions.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again