Retiring in Paradise: Obtaining a Retirement KITAS
Are you looking to spend your golden years in the beautiful country of Indonesia? At VIVO ASIA, we specialize in helping foreign retirees obtain the necessary permit, commonly referred to as a Retirement KITAS.
This permit is valid for 6 years and is specifically designed for foreigners who plan to spend their retirement in Indonesia. Each year, you'll be required to complete a yearly extension. But don't worry, there's no need to go out of the country to arrange the yearly extension. Our team of experts in Bali can guide you through the process and ensure that your application is processed smoothly and efficiently.
With VIVO ASIA, you can rest easy knowing that your transition to retirement in Indonesia will be as seamless as possible. Contact us today to learn more about our Retirement KITAS services.
Process for Outsourcing,
Living & Visiting.
– Expanding your business, or relocating your life, or even visiting Bali isn’t simple when you handle all the logistics yourself. Make it easier with the help of our experts based in Bali.
Find out first-hand, what it takes to invest or expand into Indonesia. VIVO ASIA has helped our clients rethink structure and cost to deliver on business ROI. While staying on top of regulations with tailor-made solutions:
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​Sign up. Simple signup process with all your information like name, current address and business name.
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Consult legal requirements of your business field.
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Get a tailor-made solution for your business – covering all aspects of business operations (Tax, HR, Legal, etc)
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Sign a contract & get your company registered in Bali.
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How long does it take before I can operate my newly established company?With Vivo Asia, it takes almost 4 weeks to establish a company.
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What are the essential requirements to set up a company in Bali?For company registration in Bali, you’re required to have at least two shareholders and a capital statement letter.
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Can I have 100% ownership?For foreign companies in Bali, there must be a minimum of 2 shareholders. In most cases, Indonesian legislation allows 100% foreign ownership but there are some exceptions.
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How many KITAS can a company sponsor?The number of KITAS you can sponsor is not regulated by law. Any shareholder who fulfills the legal requirements is entitled to receive an investor KITAS.
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Is there any limitation on how many shareholders or directors the company can have?No, there is no limitation. A company can have as many shareholders or directors as they want.
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Do I have to prove the capital on the company’s account for company registration in Bali?No, a capital statement letter from Vivo Asia is sufficient to register a foreign-owned company in Bali. The capital can be transferred once the company is registered and a bank account is opened.
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Are tax rates different for foreign-owned companies and local companies?The tax rates for foreign-owned companies are based on the company’s revenue and profitability, just like the tax rates for local companies. Therefore, tax rates are the same for Indonesian and foreign companies.