With every market having its own regulations, not knowing how to effectively navigate the red tape when setting up a local presence can leave you dead in the water before you’ve even had a chance. That’s why our expert consultants are here to work closely with you to get clear on exactly what your goals are. Then, we’ll come up with a tailored strategy to help you get yourself setup to achieve those targets in the most effective way possible.
Set up an up to 100% foreign owned company (PT PMA) in Indonesia in 6-8 weeks.
At least one director and commissioner
A commissioner is a non-executive role of overseeing the company's directors. The directors are responsible for the management of the company. A company has to have at least one commissioner and one director
GDP Growth Constant USD 2014: 5%
YoY Industry Growth Constant USD 2014: 8%
Indonesia has all the characteristics of a strategic market for the Direct Selling industry: with one of the largest population.
Before applying for the license to run direct sales activities –SIUPL – you need to incorporate a company in Indonesia first.
Note that this type of activity is in the negative investment list and maximum foreign ownership is 95%.
Once the incorporation is done, there are two types of SIUPL licenses:
All companies applying for SIUPL must present in front of BKPM their market plan and company’s Code of Ethics. Besides BKPM there will be also representatives from Direktorat Bina Usaha Kemendag, Asosiasi Penjualan Langsung Indonesia/Indonesian Direct Selling Association (APLI) at the meeting.
Permanent SIUPL has the same requirements as temporary SIUPL and additionally you need to show your temporary SIUPL and company’s financial statement.
