The
procedures of the foreign company (referred
as FC) settlement in Indonesia must
be base on the regulation of the investment coordinating board or badan koordinasi
penanaman modal Indonesia (referred as BKPM)
number 12 year 2009 (effectively valid from January the second ,2013). This
regulation enable two (2)
procedures of FC settlement.
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a.
|
The
establishment of new FC.
The
establishment of new FC explained by the stages below. These stages require about 40-50 of working days
at maximum.
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1.
|
The
Capital Investment Registration
(referred as CIR) from BKPM.
This
is the preliminary approval from
government of Indonesia to foreign investment
in Indonesia then this CIR
become a basis of notary deed making. It also become the basis of
other license or non license investment affairs.
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2.
|
Notary
Deed. /Akta Notaris (referred as akta).
Base
on akta the CIR must be established.
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3.
|
The
Ratification of Legal Entities from
Ministry of Law and Human Right.(Pengesahan Kementerian Hukum dan HAM)
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4.
|
If
the FC requires facilities of
import and duties then the
FC must apply for Capital Investment
Principle License (referred as CIPL).
But if the FC requires no facilities of import and duties
then it can continue to the next step.
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5.
|
The
FC Register of domicile /Surat Keterangan Domisili Perusahaan
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6.
|
The
FC Tax Number /Nomor Pokok Wajib Pajak (referred as NPWP)
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7.
|
The
FC Register of Tax Object /Pengukuhan
Pengusaha Kena Pajak ( Referred as PKP)
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8.
|
The
FC Register of The Province Trade /Industry/Others
Bureau. (Referred as TDP)
This
type of register be obtained at the province
bureau of (trade/ industry or others ) which correspond to the classification
of FC core business.
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b
|
For
the Local Company which then altered to Company of Foreign Investment (CFI). The steps are quite the same
only for the first step is totally
different by applying The Application of Business Entities Alternation.Hence the
CFI must change the status of
it by the same steps of new established CFI and for this type of establishment
requires 40-50 of working days at maximum.
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The
next part is mentioning the documents which required to set the new FC or to alter the local company
become the CFI.
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1.
|
Fulfill
the form of investment as set in The regulation of BKPM chief number 12 year 2009.
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2.
|
If
the applicant is the government of foreign country ,the recommendation from
the authorized institution of which responsible for investment should be
issued by its embassy or consulate in Indonesia.
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3.
|
Passport
if the applicant is the individual of foreigner.
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4.
|
ID
card if the applicant is the citizen
of Indonesia.
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5.
|
The
statute of business entities if the applicant is foreign business entities
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6.
|
If
the applicant is local business entities the notary deed and the ratification
of notary deed from ministry of law and human right must be submitted.
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7.
|
Process
and flow chart of business.
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8.
|
The
letter of authorization
If
the application procedures in BKPM be
authorized by the applicant to others ,the letter of authorization .
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9.
|
NPWP.
|
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10.
|
Share
Composition .
|
||||
If
this part serves you inadequate information or you might need our service to set the company of foreign investment please contact us at :
|
|||||
New nine
dragons consulting
|
|||||
South
Jakarta
|
Jl
H.Salim III No.7 Radio Dalam,Kebayoran Baru
Jakarta
Selatan 12140.
|
||||
West
Jakarta
|
Jl
Meruya no 3 RT 004/RW 007 Kembangan ,
Jakarta Barat 11650.
|
||||
CP
|
:
mr.SM. Ferrash (+ 6281290386526)
|
||||
Email
|
|||||
fb
|
https://www.facebook.com/sidhy.muhammadferrash
|
||||
Referrence
:
1 The regulation of BKPM chief
number 12 year 2009.
|
Sabtu, 12 Oktober 2013
THE FOREIGN INVESTMENT OF INDONESIA MATTERS PART 2
Kamis, 10 Oktober 2013
THE FOREIGN INVESTMENT OF INDONESIA MATTERS PART 1
As
the growth of world`s trading and
globalization era of economy keep
moving ,it has made Indonesia become one of interesting countries for investment. The government of republic of Indonesia then
understand this situation
should be utilized wisely and fairly. The goal to get the advantage as much as possible and
to meet the risk at minimum level has
become a nation simultaneous homework for every element in Indonesian.
These are several points of which must be underline by foreign investment (referred as F.I) and company of foreign investment (referred as CFI) if they
want to run the business in Indonesia.
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1.
|
The F.I
is able to conduct by business
entities or individual .
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2.
|
The F.I
can be a portofolio of which taken place in Indonesia`s stock exchange or directly in real sector by forming a CFI. and taking part by foreigner
investor as the share holder.
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3.
|
The
company of F.I must obtain the license of business permit
and other license if necessary
from Indonesia coordinating
body of investment to start and run the business.
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4.
|
The license of business permit is valid for
30 (thirty) years, can be extended if the F.I meets the requirement of laws and regulation
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5.
|
The C.F.I
of which then be established must fully or almost full run
in Indonesia and situated in
Indonesia territory.
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6.
|
There are four major business fields classification which
must be addressed by F.I and CFI as
the number 7,8,10 and 11 as these business
fields classification have specific notice.
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7.
|
Prohibited in any manner to invest in the of
negative infestation list of Republic of Indonesia as mention below
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NO.
|
SECTOR
|
BUSINESS FIELDS
|
KBLI
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7.1.
|
Agriculture
|
Marijuana Cultivation
|
01289
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7.2.
|
Forestry
|
5.2.1.
|
Capturing
of Fish Species as Stated in Appendix
I
Convention
on International
|
01701
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2.2
|
Trade in Endangered Species of Wild Fauna and Flora (CITES)
|
03119
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2.3
|
The
use (removal) of coral/atoll from nature for
construction
material/lime/calcium and souvenir/jewelry,
also live or dead coral (recent
dead coral) from nature.
|
03119
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7.3.
|
Industry
|
7.3.1.
|
Alcohol Beverage Industry (Liquor,
Wine, and Malt Containing Beverages)
|
11010
11020
11030
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7.3.2
|
Mercury
processed Chlorine Alkali Maker Industry
|
20111
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7.3.3
|
Chemical Material Industry that can damage the
environment, such as:
- Halon and others
- Penta Chlorophenol, Dichloro Diphenyl
Tricholoro Elhane
(DDT), Dieldrin,
Chlordane, Carbon Tetra Chloride,
Methyl
Choloroform
-Methyl Bromite, Chloro Fluoro Carbon
(CFC).
|
20114
20119
|
|||||||||
7.3.4
|
Chemical Material Industry Schedule 1
Chemical
Weapon Convention (Sarin, Soman,
Tabun Mustard, Levisite, Ricine, Saxitoxin, VX, etc)
|
20119
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7.4
|
Transportation
|
7.4.1
|
Providing and Implementation of Land Terminals.
|
52211
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7.4.2
|
Implementation and Operation of Weight Stations.
|
52219
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|||||||||
7.4.3
|
Implementation of Motor Vehicle Type Tests.
|
71203
|
|||||||||
7.4.4
|
Implementation of Motor Vehicle Periodic Tests.
|
71203
|
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7.4.5
|
Telecommunication/Supporting Facility of Shipping.
|
52221
|
|||||||||
7.4.6
|
Navigation
|
52221
|
|||||||||
7.4.7
|
Vessel Traffic Information System (VTIS)
Air Traffic Guiding Service.
|
52230
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7.5
|
Communication
and Informatics
|
Management and Implementation of Radio Frequency and
Satellite Orbit Spectrum Monitoring Stations.
|
61300
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7.6
|
Culture
and Tourism.
|
7.6.1
|
Public Museums.
|
91021
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7.6.2
|
Historical and Ancient Heritage (temple, castle, epigraphy, remains, ancient buildings,
etc).
|
91023
|
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7.6.3
|
Residential/Traditional Environment.
|
91023
|
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7.6.4
|
Monuments.
|
91023
|
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7.6.4
|
Gambling/Casinos.
|
92000
|
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8.
|
The government of indonesia close the line of business of weapon production, ammunition,
detonator, and war equipment for
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9.
|
The
below lists are the closed list of F.I of 100%
foreign investment as these
line of business are holding the public
interest.
|
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9.1
|
Ports.
|
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9.2
|
Production ,transmission and distribution of electricity for public
|
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9.3
|
Telecomunication.
|
||||||||||
9.4
|
Sailing.
|
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9.5
|
Aviation.
|
||||||||||
9.6
|
Drinking water.
|
||||||||||
9.7
|
Public railways .
|
||||||||||
9.8
|
Nuclear power plant.
|
||||||||||
9.9
|
Media .
|
||||||||||
10.
|
The business field for small enterprise are
still available for CFI. by
partnership between them.
|
||||||||||
11.
|
Obligate
to fulfill the minimum of F.I capital limit which set by the laws and
regulation of the government of republic of Indonesia.
|
||||||||||
12.
|
Obligatory to report the business gradually to the Indonesia coordinating
body of investment
|
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13.
|
Accentuate
the local manpower ,except for the level of director . It is the investor authority to set the board of
directors.
|
||||||||||
14.
|
Avoid the monopoly of business mainly when the line of business are served for
small enterprise.
|
||||||||||
15.
|
The government of republic of
Indonesia ensures no
nationalization of F.I.
any delinquency by F.I be processed by laws and open to fair
arbitration.
|
||||||||||
16.
|
Repatriation for currency (transfer) for FI
dan CFI are allowed under the republic of Indonesia laws and regulation of investment.
|
||||||||||
This
brief passage may serves light information of foreign investment for further
information and services of setting the company of foreign investment please
contact :
|
|||||||||||
New nine
dragons consulting.
|
|||||||||||
South Jakarta
|
Jl H.Salim III No.7 Radio Dalam,Kebayoran
Baru
Jakarta
Selatan 12140 (South Jakarta)
|
||||||||||
Phone
Fax
|
:+ 62 21 7247215
:+ 62 21
7257215
|
||||||||||
West Jakarta
|
Jl
Meruya no 3 RT 004/RW 007 Kembangan ,
Jakarta
Barat 11650 (West Jakarta)
|
||||||||||
C.P
Email
fb
|
:+
6281290386526 (mr.SM. Ferrash)
: https://www.facebook.com/sidhy.muhammadferrash
|
||||||||||
References :
|
|||||||||||
1
|
The Laws of Republic of Indonesia Number 25 Year 2005 about Investment.
|
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2.
|
The Regulation of Republic of Indonesia
Number 83 Year 2001 about the adjustment of The Regulation of Republic of
Indonesia number 20 year 1994 About the
Share Ownership in the terms of Foreign Investment.
|
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3.
|
The Regulation of Republic of Indonesia number 20 year 1994 About the Share Ownership in
the terms of Foreign Investment.
|
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4.
|
The Presidential Regulation Number 77 Year
2007 about The Closed List of Business Line and The Open List of Business
Line with condition of Investment.
|
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