PT PMA (Perseroan Terbatas Penaman Modal Asing) is a limited liability company in Indonesia with any foreign investment or ownership. It is specifically designed for foreign investors who wish to establish a business presence in Indonesia, enabling you to operate and generate revenue in the country. In this article, we will walk you through the essentials of setting up a PT PMA in Indonesia including legal requirements, and the process.

As per Presidential Regulation Number 10 of 2021, amended by Presidential Regulation Number 49 of 202, 200+ business sectors in Indonesia are now fully open to foreign investors. 

However, there are certain sectors that are prohibited or restricted. For example, sectors involving narcotics, gambling, or some hazardous materials remain closed to any investment, while some other fields require partnering with local small businesses or have ownership caps.

Additionally, sectors that are considered critical for national security, defense, or public services, which must be carried out by the government are also closed to any investments.

An effective accounting system is the core of your financial operations. It helps to accurately capture, process, and present your complete financial data :

• PSAK (Pernyataan Standar Akuntansi Keuangan): Adherence to national accounting standards is a mandatory prerequisite for all financial reporting.