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What we Offer
Bali is a paradise island, and it doesn’t just offer plenty of options for a nice lifestyle, but you can also see it as a business opportunity with millions of potential consumers. However, when moving to Bali make sure you take time to prepare yourself to avoid some of the common pitfalls.
Moving to Bali?
The good vibes of Bali do not make it only a dream destination for Eat, Pray, Love holidays but it is also an island with countless business opportunities and millions of consumers. Many expats start doing business in Bali after moving to the island. For example, set up a lifestyle business in Bali. Two most common legal entity types in Bali are a 100% Indonesian-owned limited liability company (PT) and a partially or wholly foreign-owned company (PT PMA).
Entity setup without physical appearance.
We set up the whole company without the physical presence of the owners, including the opening of a corporate bank account.
Assistance in entity selection
VIVO ASIA provides assistance in choosing the right company type for your business needs – including secondary licenses if required
Corporate secretary & Nominee Treasurer
We provide Corporate Secretary and Nominee Treasurer services – These are positions in a company required to be held by Indonesians.
Post-establishment services
We provide post-establishment services like payroll management and employee handling.
Hybrid Setups via virtual offices
VIVO ASIA also helps companies set up hybrid businesses for industries where remote work is suitable.
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What is the Corporate Structure in Indonesia?
Learn more about the different roles in a corporation in Indonesia and what each role is responsible for. Companies in Indonesia, including foreign-owned ones, must follow a corporate structure. This article will give you an overview of the corporate structure in Indonesia. We will explain the different roles within the corporate structure. We will also shed light on some notable regulations in relation to corporate governance.
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Foreign-owned company registration in Indonesia
The corporate structure in Indonesia applies to all limited liability companies. Indonesia allows foreign investment in most industries. Watch the video below to learn more about foreign-owned company (PT PMA) registration in Indonesia.
Shareholders own the company. Meanwhile, commissioners and directors oversee different areas of the business. We will discuss these roles in further detail below.
Commissioners in a Company in Indonesia
PT PMAs in Indonesia must have at least one commissioner. The commissioner can own shares in the company. Shareholding, however, is not a requirement to be a commissioner. The commissioner or board of commissioners’ task is to supervise the company. However, their actions must always be in accordance with the articles of association. The board of commissioners also supervises and gives advice to the board of directors. Commissioners are not part of the day-to-day management of the company.
Company Directors in Indonesia
Like commissioners, all companies in Indonesia must have at least one director. Shareholders are in charge of appointing, replacing, and dismissing directors. If a company has two or more directors, one of them must take on the role of president director. The president director is in charge of the board of directors.
Termination of a director or a commissioner in Indonesia
PT PMAs in Indonesia must have at least one commissioner. The commissioner can own shares in the company. Shareholding, however, is not a requirement to be a commissioner. The commissioner or board of commissioners’ task is to supervise the company. However, their actions must always be in accordance with the articles of association. The board of commissioners also supervises and gives advice to the board of directors. Commissioners are not part of the day-to-day management of the company.
Buying a Shelf Company in Indonesia?
Shelf company is a business entity which has been created with a sole purpose – to put it on a shelf to age. Once it has been aging for a certain amount of time, the company is sold. VIVO ASIA for example has numerous sellable shelf companies prepared, which carry the incorporation date between the years 2015-2016. As per the Conditional Sales and Purchase Agreement (CSPA), you are able to use the company for your business purposes 2-4 working days after signing the agreements.
Guide to Limited Stay Permit KITAS in Indonesia
KITAS is the non-permanent residence card in Indonesia. Learn how to live in Indonesia legally. If you are planning to work in Indonesia or stay in Indonesia for longer than a few months, you need a limited stay permit (KITAS). This article will guide you through the different options for getting a KITAS in Indonesia as well as explain the process for obtaining a working KITAS. As a bonus, you will find answers to the 16 most common questions ex-pats ask about KITAS in Indonesia.
Simple Tax and Accounting Solutions for Businesses in Bali
Our tax and accounting experts will optimize your financial accounts. We’ll ensure that you only pay the minimum amount of tax for your circumstances. Our accountants stay on top of changes to rules and regulations in Bali to ensure compliance with Indonesian laws. In Bali, taxpayers must withhold taxes when conducting certain transactions. It can be confusing to differentiate between what transactions apply. VIVO ASIA experts know, and we’ll take care of it for you.
Get a 60-day Indonesian visa for business and tourism (B211a)
Due to the pandemic, entering Indonesia remains restricted. B211a visa is the easiest way to get an Indonesian visa and stay in the country for up to 60 days.
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Virtual Office in Bali
A virtual office serves as the registered address of a business. It is an easy way to fulfill legal requirements to register a company in Indonesia.
Our virtual office package includes a prestigious business address, mail handling, and phone answering services. In addition, we provide banking support, assisting you with opening a bank account for your company and handling all the necessary paperwork. Our team of legal, accounting and tax experts will provide you with the support you need to ensure that your business is running smoothly and efficiently.
How does VIVO ASIA’s registration service work in Indonesia?
Our team will work closely with you to understand your unique business needs and tailor our services to meet those needs. Contact us today to learn more about how we can assist you in setting up and running your business in Bali.
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Get in touch with us to discuss your planned business activities in Indonesia.
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VIVO identifies the best type of business structure for your company, and collects the required documents from you.
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Our consultants prepare the required documentation for your company registration, and submit it to the relevant authorities as per your chosen company type. If required, our team also submit documentation to set up your company bank account.
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Once all submissions are made, the authorities confirm your company registration in Indonesia.