You’ll need a deed of incorporation, company name approval, tax registration (NPWP), domicile letter, and business license (NIB), among others.

On average, it takes 2–4 weeks if all documents are in order and there are no delays with government processing.

Common mistakes include choosing the wrong business structure, missing local regulation compliance, and underestimating capital requirements.

For a local PT, yes. But for PT PMA (foreign company), you can own up to 100%, depending on the business sector and negative investment list.

You must file monthly/annual taxes, maintain financial reports, renew licenses, and comply with labor and business regulations regularly.

Once your business is legally incorporated, you can open a bank account by presenting company documents, director’s ID/passport, and the company NPWP.