DOING BUSINESS IN BATAM
FOREIGN
INVESTMENT
Related topics about work in Batam
| Indonesia’s Labor Regulation |
| Visa & Tax |
Application for Foreign Investment
Checking Company’s Name
Foreign investor shall propose Company’s Name which consists of minimum 3 words. Public Notary will propose the name through the Ministry of Law and Human Rights of the Republic of Indonesia website and the ministry will send a feedback on whether the proposed name is available to be used.
Foreign Investment Registration at BKPM
Foreign investor shall register the permit for foreign investment through BKPM (Coordinating Board for Capital Investment). Through the registration, BKPM will check and review if the line of business is allowed to be carried-out. Investor shall prepare the details of raw material list, machineries/equipments and the production flow-chart.
Source : https://nswi.bkpm.go.id/panduan/content/PENDIRIAN-USAHA
Company Establishment
Once the BKPM has approved the foreign investment, the investor may proceed for the Deed of Company Establishment (DOE) and the other required permits.
APPLICATION OF WORK PERMIT AND KITAS (STAY PERMIT)
It is so easy to process for the Work Permit and KITAS once you have a complete Company legalities document. Currently all submissions were online-base through authorities website.
These are few things to take note for the application of Work Permit and KITAS :
Directors and Skilled-Top Management who will come to work in Indonesia shall obtain a valid Work Permit and KITAS
Company Legalities Documents
Personal Particular of the candidate of the foreigner
Source : https://tka-online.kemnaker.go.id/
