Asia
Consumer tech and marketplaces at scale, Indonesia
270M consumers with rapid digital adoption power one of the largest greenfield markets in Asia. The 2021 Positive Investment List opened most sectors to 100% foreign ownership, and IDX listed companies with 40%+ float pay 19% CIT instead of 22%.
270M market100% foreign ownershipIDX 19% rate
Start setup {placement} 4 min · no card required
Corp tax
22%
Fastest setup
6 weeks
Tax treaties
62
Region
Asia
What you'll need
- Resident director required
- Local registered office required
- Economic-substance test applies
- Minimum capital: IDR 2,500,000,000
- Administrative language: Indonesian (Bahasa Indonesia)
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 22%
- Tax treaties 62
- VAT rate 12%
- Withholding on dividends 20%
Key treaty partners
SingaporeNetherlandsJapanUnited StatesChinaSouth Korea
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe supported
- Wise supported
- EMI license framework available
Considerations
If you have limited startup capital
PT PMA (foreign owned) requires IDR 2.5B paid up capital and an IDR 10B investment plan per KBLI business code. Multi code businesses multiply the capital requirement, locking up significant working capital before launch.
IDR 2.5B paid upIDR 10B per KBLICapital lock up