Nikolai Timofejev
15 years in FinTech and payments. Maps your business model to the right OJK role and leads the file to launch, keeping it current through the migration - including banking and payment rails.
Get a crypto license in Indonesia.
Indonesia is one of the world's biggest crypto markets, and since January 2025 it is a properly regulated one. Supervision moved from Bappebti to the financial regulator, the OJK, with Bank Indonesia alongside. Crypto is a licensed digital financial asset - exchange, clearing-house and custodian roles, rupiah on- and off-ramps, real consumer protection. It is a market play, not a tax one, and we build it end to end.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
400+
Crypto licenses obtainedlicenses obtained
Updated
Indonesia in brief
A giant market, now under the financial regulator.
Indonesia has one of the highest crypto-adoption rates in the world, and in 2025 its regime grew up. On 10 January 2025, supervision of crypto assets transferred from Bappebti, the commodity-futures agency, to the OJK - the Financial Services Authority - with Bank Indonesia taking the currency side. The OJK now oversees everything from trading to settlement, with market integrity, consumer protection and anti-money-laundering at the centre, under OJK Regulation 27/2024, which classifies crypto as a digital financial asset. Providers had to meet the new obligations through 2025, and licences are migrating from the old framework to the new supervisor.
The structure follows the physical-market model Bappebti built and the OJK inherited: distinct roles for a Crypto Asset Exchange, a Clearing House and a Custodian, with all trading that serves Indonesian users running on registered entities and rupiah on- and off-ramps. Bank Indonesia enforces the Currency Law - the rupiah is the only legal tender, and crypto cannot be used for payments. This is not a tax jurisdiction, and we say so; the reason to be here is the market and the licence. What you build is an Indonesian company, the OJK licence for your role, and the compliance behind it - and we build it to the standard the new supervisor is setting.
A giant market, now under the financial regulator: supervision moved from Bappebti to the OJK in January 2025.
Exchange, clearing-house and custodian roles, rupiah on/off ramps, crypto not legal tender. A market play, not a tax one.
The licensed roles
Exchange, clearing house, custodian.
The framework separates the roles of a crypto market, each licensed and supervised by the OJK. We match your model to the right role and build the file the regulator expects.
Three roles under the OJK: Crypto Asset Exchange, Clearing House, Custodian - licence for what you do.
01 - CRYPTO ASSET EXCHANGE
Exchange
Operating the venue where clients trade crypto assets - the trading role, with market-integrity, consumer-protection and AML obligations under OJK Regulation 27/2024.
Operating the venue where clients trade crypto assets - the trading role, with market-integrity, consumer-protection and AML obligations under OJK Regulation 27/2024.
- ✓Trading venue for Indonesian users
- ✓Rupiah on- and off-ramps
- ✓OJK market and conduct standards
02 - CLEARING HOUSE
Clearing house
Clearing and settling crypto trades - the settlement backbone of the physical market, licensed as a distinct role with its own controls.
OJK Regulation 27/2024: capital, consumer protection, AML. Licences migrating from Bappebti.
- ✓Clearing and settlement
- ✓Risk and controls
- ✓A distinct licensed role
03 - CUSTODIAN
Custodian
Safekeeping clients' crypto assets - the custody role, with client-asset protection and safeguarding at the centre.
Safekeeping clients' crypto assets - the custody role, with client-asset protection and safeguarding at the centre.
- ✓Custody and safekeeping
- ✓Client-asset protection
- ✓Safeguarding standards
Under OJK Regulation 27/2024, providers face updated capital, consumer-protection and AML obligations, and licences are migrating from Bappebti to the OJK. Requirements and fees are confirmed against current OJK rules for your case.
Why Indonesia
The market is the reason.
A vast, young, mobile-first market now behind a credible financial regulator - the value is access and legitimacy, not tax.
✓
One of the biggest markets
Indonesia has among the highest crypto-adoption rates in the world and a huge, young population. A local licence lets you serve that market directly rather than reach it grey-market from abroad.Highest adoption, huge population.
✓
A credible financial regulator
Moving supervision to the OJK put crypto under the same authority as the rest of finance. An OJK licence reads as a serious, supervised authorisation, not a commodity-desk registration.OJK - a serious supervisor.
✓
A clear, role-based structure
Exchange, clearing house and custodian are separate, defined roles. You licence for what you do, and the market's plumbing is set out rather than improvised.Exchange, clearing, custody.
✓
Rupiah rails, by design
The framework builds in rupiah on- and off-ramps for Indonesian users - practical infrastructure for a real crypto-to-fiat business at scale.On/off ramps by design.
✓
The honest trade-off
We say it plainly: this is a market play, not a tax one, and crypto cannot be used for payments. You come for the users and the licence, and we plan the tax properly.Market, not tax; no payments.
✓
The honest structure wins
The OJK licenses on the file - capital, consumer protection and AML. We build to the standard the new supervisor is setting, and keep the structure current through the migration.Built to the OJK standard.
How it compares
How Indonesia differs from other routes.
Indonesia is an onshore, market-access licence under a credible regulator - real tax for the region's biggest market. The honest comparison is below.
Indonesia vs offshore jurisdictions
| Feature |  Indonesia | Offshore jurisdictions |
|---|---|---|
| What you get | A vast domestic market | Tax efficiency, no local market |
| Regulator | OJK (financial) + BI | VASP registrar |
| Structure | Exchange / clearing / custody roles | Single VASP registration |
| Payments | Rupiah only - crypto not payment | Varies |
What you get
IndonesiaA vast domestic market
Offshore jurisdictionsTax efficiency, no local market
Regulator
IndonesiaOJK (financial) + BI
Offshore jurisdictionsVASP registrar
Structure
IndonesiaExchange / clearing / custody roles
Offshore jurisdictionsSingle VASP registration
Payments
IndonesiaRupiah only - crypto not payment
Offshore jurisdictionsVaries
Country by country
| Country | License type | Taxation | Requirements |
|---|---|---|---|
| Indonesia | OJK licence (exchange/clearing/custody) | Onshore + crypto tax | Rupiah ramps, OJK standards |
 Thailand | SEC digital-asset licence | Onshore corporate tax | Local presence, SEC review |
 Philippines | BSP VASP licence | Onshore corporate tax | Capital + AML |
 Malaysia | SC digital-asset framework | Onshore corporate tax | SC approval |
IndonesiaLicense typeOJK licence (exchange/clearing/custody)
TaxationOnshore + crypto tax
RequirementsRupiah ramps, OJK standards
ThailandLicense typeSEC digital-asset licence
TaxationOnshore corporate tax
RequirementsLocal presence, SEC review
PhilippinesLicense typeBSP VASP licence
TaxationOnshore corporate tax
RequirementsCapital + AML
MalaysiaLicense typeSC digital-asset framework
TaxationOnshore corporate tax
RequirementsSC approval
Doing it properly
What the OJK licence file contains.What the OJK file contains.
The OJK licenses on capital, protection and controls - and licences are moving from the old framework to the new. The checklist below is what we build and keep current.
01
Indonesian company - a PT, incorporated with clean governance and ownership to the UBOs.
02
The OJK licence for the role - Crypto Asset Exchange, Clearing House or Custodian.
03
Compliance with OJK Regulation 27/2024 - capital, consumer protection and AML.
04
Rupiah on- and off-ramp arrangements for Indonesian users.
05
An AML/CFT programme, with a compliance function and reporting.
06
Client-asset protection and safeguarding where custody is involved.
07
Market-integrity and consumer-protection controls for exchange activity.
08
Fit-and-proper management and local operational capacity.
09
Alignment with Bank Indonesia's Currency Law - the rupiah as sole legal tender.
10
Ongoing OJK supervision and reporting, kept current through the migration.
01
Indonesian PT.
02
OJK licence for the role.
03
OJK Regulation 27/2024 compliance.
04
Rupiah on/off ramps.
05
AML/CFT programme.
06
Client-asset protection (custody).
07
Market-integrity controls (exchange).
08
Fit-and-proper management.
09
Currency-law alignment (BI).
10
Ongoing OJK supervision.
Reflects the transfer of supervision to the OJK and Bank Indonesia from January 2025 and OJK Regulation 27/2024, with the compliance transition through 2025, as of 2026.OJK supervision from Jan 2025 + Reg 27/2024, as of 2026.
How it works
From first call to an OJK licence.
01
Strategy and role
Which role you licence for, the honest timeline and the compliance plan - fixed in writing before anything incorporates.Which role, timeline - in writing.
02
The Indonesian company
A PT, incorporated with clean governance and ownership transparent to the UBOs.An Indonesian PT, clean governance.
03
The OJK file
The licence application, the capital, the consumer-protection and AML programme under Regulation 27/2024.Licence, capital, protection, AML.
04
Rupiah rails and banking
The on- and off-ramps and local accounts arranged on disclosure.On/off ramps; accounts.
05
Licence and run
The OJK licenses the role; ongoing supervision keeps it clean through the migration.OJK licenses; kept current.
Quick facts
RegulatorsOJK · Bank Indonesia
SinceJanuary 2025
RuleOJK Regulation 27/2024
RolesExchange, clearing, custody
RampsRupiah on/off required
VehicleIndonesian PT
PaymentsCrypto not legal tender
Why hereMarket access
The move to the OJK made Indonesia's regime a serious, financial-grade one. The value is a giant market and a credible licence, and we keep the file current through the transition.
On the ground for Indonesia
Run from our international desks.
Prifinance - Indonesia desk
Run from our Dubai office
33 Level, Al Saqr Business Tower, Dubai, UAE
01
Indonesian company
The PT the licence sits on - incorporated clean, owned transparently to the UBOs.The vehicle, built clean.
02
The OJK licence
The right role - exchange, clearing or custody - with the capital and compliance assembled the way the OJK expects.Role, capital, compliance.
03
Rupiah rails and AML
The rupiah on- and off-ramps and the AML programme - the infrastructure the framework requires, built properly.Built properly.
04
Banking and rails
Local accounts and payment rails, arranged on full disclosure with a credible licence behind you.Arranged on full disclosure.
We also have offices in
Tallinn
Estonia
Roseni 13
Vilnius
Lithuania
Gedimino pr. 2
Prague
Czech Republic
Vlkova 532/8, Žižkov
London
United Kingdom
7 Bell Yard
Dubai
UAE
33 Level, Al Saqr Business Tower
Istanbul
Turkey
Perpa Ticaret Merkezi, A Blok
Good to know
Taxation and the honest position in Indonesia.
Indonesia taxes crypto specifically and is not a low-tax base - the reason to be here is the market. We set the position out plainly.
Onshore corporate tax
Indonesian companies pay corporate income tax at the standard rate. This is an onshore market, not an offshore zero - the tax is the price of local access.Standard corporate rate.
Crypto is taxed specifically
Indonesia applies specific taxes to crypto transactions - a small transaction-based charge - alongside ordinary corporate tax. There is no crypto exemption, and we model it into the flows.Specific transaction taxes.
The reason is the users
You come to Indonesia for one of the biggest, youngest crypto markets in the world. The tax is planned, not avoided, and it is the cost of that access.The market is the reason.
A developing tax framework
Crypto tax treatment is evolving as supervision settles under the OJK - we track it and keep the structure current rather than assume.Tracked as it settles.
Currency-law limits
Bank Indonesia enforces the rupiah as sole legal tender - crypto is an asset, not a means of payment, and the model is built accordingly.Rupiah only for payment.
Home-country tax still matters
Group and owner-level tax depends on where you sit. We model how an Indonesian entity fits a wider structure.Group position modelled.
Tax and access summary
Corporate income taxOnshore, standard
Crypto transactionsSpecific taxes apply
Crypto-specific reliefNone
PaymentsRupiah only
Why hereMarket access, not tax
FrameworkEvolving under the OJK
*As of 2026. Indonesia is a market decision - we model the crypto and corporate tax honestly against the value of the market.
Turnkey professional support
Experienced lawyers and international consultants.
We provide end-to-end support, from company registration and the OJK file to regulatory interaction and compliance oversight - with an individualized approach to each client.
Oleksii Kindratenko
Builds the application itself: the Indonesian PT, the OJK licence file, and the capital and AML/KYC policy set. His document sets are the reason reviews finish cleanly.
Eugeniu Bevziuc
First point of contact for international founders. Runs the whole setup remotely, across time zones and languages - from the first call to a clean, licensed business.
Follow Prifinance
Active across our channels.
Indonesia · OJK
Launch your crypto project in Indonesia with expert support.
Full-service setup - the company, the OJK licence and the compliance, assembled as one.
Get a consultation →Free legal opinion
Is Indonesia the right fit for your project?
Our legal team will analyze your case at no cost and provide a written legal opinion: which OJK role, jurisdiction or route fits your business.
Written assessment within 2-5 business days
Request a free conclusion →FAQ
The Indonesia crypto regime, answered honestly.
Who regulates crypto in Indonesia now?+
The OJK - the Financial Services Authority - since 10 January 2025, when supervision moved from Bappebti. Bank Indonesia handles the currency side. Crypto is now a supervised digital financial asset under OJK Regulation 27/2024.
What licences are there?+
The physical-market structure separates roles: a Crypto Asset Exchange, a Clearing House and a Custodian. You licence for the role you actually perform, each with its own obligations.
Can crypto be used for payments?+
No. Bank Indonesia enforces the rupiah as the only legal tender, so crypto is an asset, not a means of payment. Trading serving Indonesian users runs on rupiah on- and off-ramps.
Why licence here rather than offshore?+
For the market. Indonesia is one of the largest, youngest crypto markets in the world, and a local OJK licence lets you serve it lawfully and credibly. Offshore gives tax, not local access.
How is it taxed?+
Indonesia applies specific taxes to crypto transactions alongside ordinary corporate tax - it is not a tax haven. You pay onshore tax for onshore access, and we plan it into the model.
What is the migration about?+
Licences and rules are transitioning from the old Bappebti framework to the OJK, with compliance obligations phased through 2025. We keep your structure current as the transition completes.
How long does it take?+
It depends on the role and the state of the migration - realistically several months. A strong capital, consumer-protection and AML file is what keeps the OJK review moving.
Why Indonesia with you?+
Because we build to the standard the new supervisor is setting and keep the structure current through the transition. In a market this big and a regime this fresh, that diligence matters.
Who regulates now?+
The OJK, since January 2025.
Licences?+
Exchange, clearing house, custodian.
Crypto payments?+
No - rupiah is sole legal tender.
Why not offshore?+
For the market, not tax.
Tax?+
Specific crypto taxes + corporate.
Migration?+
Bappebti → OJK, phased through 2025.
How long?+
Several months; regime transitioning.
Why with us?+
Built to the OJK standard, kept current.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“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…”
Google
“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”
Google
“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.”
Google
“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…”
Google
“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…”
Google
“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!”
Google
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Get a free legal opinion on your project - our legal team will analyze your case at no cost and provide a written legal opinion: which OJK role, jurisdiction or route fits your business.Free legal opinion: which Indonesia OJK role fits your project and what it will cost.
✓Written legal opinion within 2-5 business days - free of charge✓A clear recommendation on the right role, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU · ES speaking team
Prifinance is an independent law and advisory firm. We are not a regulator and are not affiliated with, endorsed by, or acting on behalf of the Otoritas Jasa Keuangan (OJK), Bank Indonesia or the Government of Indonesia. Licences are granted by, and obtained directly from, the competent authorities.