Everything You Should be to Know!
INVESTOR VISA (KITAS)
Investor Visa is issued to applicants who invest in a company in Indonesia and have to work in this company. Indonesian Investor Visa / KITAS consists a lot of benefits, with the most profitable ones include the ease of application and the waiver of work permit fee. If you satisfy all the investment requirements you should not to pay a visa fee of 1,200USD per year.
In addition, foreign investors do not have to wait long to start working after introducing their initial investments.
In Indonesia, you can obtain a two types of Investor Visa (KITAS):
- Index 313: 1-year Visa (KITAS)
- Index 314: 2-year Visa (KITAS)
Both types allow investors to repeatedly enter and leave Indonesia during the validity of the visa.
How to Establish a Foreign Company (PT PMA) in Indonesia?
The following requirements to obtain an Investor Visa (ITAS) :
- The investor should have a minimum of 1 billion rupiah in shares invested;
- Company’s capital should have a minimum of 10 billion rupiah in capital investment;
- Company has a minimum of 25% in paid up capital;
- Sponsor company can start sponsoring Investors once it has obtained a business registration number (NIB) and trading licenses (Ijin Usaha), foreign company investment realization report (LKPM, this report should be conducting every three months), company’s documents , the ID card and tax number of the company’s representative (should be valid).
Requirements :
- Passport cover and ID page (Validity should be 20 months for a 1-year application, and 32 months
validity for a 2-year application) - Recent bank statement with minimum funds of of approximately USD 1500
- Passport sized photos 4 cm x 6 cm, taken with formal attire using a white background (digital copies
preferred) - Address in Bali
- Copy color of Director ID card (KTP) and Personal Tax Identification Number
- Company Letter Head and Company Stamp
- Copy color Article of Association
- Copy color Legalization of the legal entity status by the Ministry of Law and Human Rights
- Copy color Company Tax Identification Number (NPWP)
- Copy color Domicile Letter from the local district authority (SKTU)
- Copy color Business Indetification Number (NIB)
- Copy color of Business Permit
- Copy color of Location Permit
- Copy color of Environment Permit
Processing :
- Company Registration. First, you have to provide scanned copies of the company documents to register your company in the ministry of labor. If you made company with us, then no need to provide anything.
- Getting e-Visa. We will prepare all the necessary documents and obtain an e-Visa type 313/314. The process takes about 10 -14 business days. After e-Visa is ready, we will send it by e-mail or WhatsApp
- Visa registration. You need to bring your passport to any of our offices within 7 days after arriving in Bali (or after your visa is issued if you are already here) to register your visa in Immigration and obtain a re-entry permit (required). The process takes 2 weeks. You will need to show up at Immigration once for photos and fingerprints.
- The last step: you will receive your passport back and ITAS online.
Requirements :
- Passport cover and ID page (Validity should be 20 months for a 1-year application, and 32 months
validity for a 2-year application) - Recent bank statement with minimum funds of of approximately USD 1500
- Passport sized photos 4 cm x 6 cm, taken with formal attire using a white background (digital copies
preferred) - Address in Bali
- Copy color of Director ID card (KTP) and Personal Tax Identification Number
- Company Letter Head and Company Stamp
- Copy color Article of Association
- Copy color Legalization of the legal entity status by the Ministry of Law and Human Rights
- Copy color Company Tax Identification Number (NPWP)
- Copy color Domicile Letter from the local district authority (SKTU)
- Copy color Business Indetification Number (NIB)
- Copy color of Business Permit
- Copy color of Location Permit
- Copy color of Environment Permit
Processing :
- Company Registration. First, you have to provide scanned copies of the company documents to register your company in the ministry of labor. If you made company with us, then no need to provide anything.
- Getting e-Visa. We will prepare all the necessary documents and obtain an e-Visa type 313/314. The process takes about 10 -14 business days. After e-Visa is ready, we will send it by e-mail or WhatsApp
- Visa registration. You need to bring your passport to any of our offices within 7 days after arriving in Bali (or after your visa is issued if you are already here) to register your visa in Immigration and obtain a re-entry permit (required). The process takes 2 weeks. You will need to show up at Immigration once for photos and fingerprints.
- The last step: you will receive your passport back and ITAS online.
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