Thread: New Business Setups and Business Names

Hello,

Recently decided to retire in Bali and to stop myself going insane though I would setup a business selling trailers. This raised a few questions and correctly sequenced events.

(a) I assume the business name will be same as the company name or can be change to whatever we choose.
(b) What is the best type of company considering taxes. Let's say Turnover is $1mil pa
(c) We will be living in Bali so we will need Kitas and I guess it is best to get legal eagles to do this.
(d) What taxes will I and the company need to pay in Bali?
(e) What is the ball park for 500sq say 10k or more from Kuta.

Many thanks Steve

Hi Spoon, welcome to the forum.

Originally Posted by spoon

Recently decided to retire in Bali and to stop myself going insane though I would setup a business selling trailers. This raised a few questions and correctly sequenced events.

I am curious about what sort of trailers you mean - just trailers for transporting goods, or caravans? Anyhow, I have seen almost no trailers of any sort in Bali - maybe they are not even permitted.

(a) I assume the business name will be same as the company name or can be change to whatever we choose.

I am no expert, but think there is no reason why they would need to be the same

(b) What is the best type of company considering taxes. Let's say Turnover is $1mil pa

The company types are PT CV and PMA. Balipod's internal search will not allow 3-letter words on their own, so search the forum using Google with a search string "site:balipod.com pma"

(c) We will be living in Bali so we will need Kitas and I guess it is best to get legal eagles to do this.

take a look at Visas and Documentation - Information on working documents for expatriates in Indonesia

(d) What taxes will I and the company need to pay in Bali?

Yes both. If you look at Requirements for Expatriate Work and Stay Permit - Jakarta, Indonesia you will see that NPWP (tax number) is one thing they need

(e) What is the ball park for 500sq say 10k or more from Kuta.

don't understand the question

Many thanks Steve

Originally Posted by spoon

Hello,

Recently decided to retire in Bali and to stop myself going insane though I would setup a business selling trailers. This raised a few questions and correctly sequenced events.

(a) I assume the business name will be same as the company name or can be change to whatever we choose.
(b) What is the best type of company considering taxes. Let's say Turnover is $1mil pa
(c) We will be living in Bali so we will need Kitas and I guess it is best to get legal eagles to do this.
(d) What taxes will I and the company need to pay in Bali?
(e) What is the ball park for 500sq say 10k or more from Kuta.

Many thanks Steve

Have you ever watched a Balinese trying to reverse a car in a small space? Take an esky and a camping chair along, you will be there a long time. I'm not saying they are all hopeless at reversing, but it's certainly not a common skill among the locals. Add a trailer and I think you have a recipe for chaos. A lot of the streets in Bali are so narrow that the only way you can get a truck in and out is by reversing. I really don't think your business idea is very sound. To me it seems like a solution to a problem that doesn't exist. Transporting goods is just not a problem for the locals, they make do with what they have and certainly won't spend money on a trailer when a motorbike will do the same job for them. Have you seen what they carry on motorbikes?

Trying to set up a business like that in Bali would certainly send me insane - good luck if you decide to follow through with it.

Originally Posted by SamD

Have you ever watched a Balinese trying to reverse a car in a small space? Take an esky and a camping chair along, you will be there a long time. I'm not saying they are all hopeless at reversing, but it's certainly not a common skill among the locals. Add a trailer and I think you have a recipe for chaos. A lot of the streets in Bali are so narrow that the only way you can get a truck in and out is by reversing. I really don't think your business idea is very sound. To me it seems like a solution to a problem that doesn't exist. Transporting goods is just not a problem for the locals, they make do with what they have and certainly won't spend money on a trailer when a motorbike will do the same job for them. Have you seen what they carry on motorbikes?

Trying to set up a business like that in Bali would certainly send me insane - good luck if you decide to follow through with it.

Yep, You could be right too.

You know when I first visited Bali I thought they were the worlds worst driver with zero skill level and zero patience. Not so, the opposite is true.

I nor many other westerners have the patience of the Balinese and this reflects in all parts of their life but you alread know that.

Personally I do not see a trailer backing up in Melasti Street more like making one trip instead of three to cart rice on a 4 hour drive.

Crazy, maybe and many people will agree with many risks business take.

Also fancy bike trailers

Many thanks for you reply
Steve

Originally Posted by spicyayam

There are many little trucks around that you can rent for what I expect to be very cheap, so I also wonder if there is any demand for trailers in Bali.

Yep until you had to fill those trucks with fuel that is in diminishing supply.

We'll never know about Bali demand until it is tested.

Thanks
Steve

I would love to buy a trailer, but as you cannot buy a tow bar & ball trailers are not a big seller.
Lots of pig trailers here on big trucks & small trailers on bikes that are held on by rope. The only bike trailer I have seen is owned by the Harley dealer & the tow bar was imported. Not sure if you can rego a trailer here? As sam said if you want a good laugh go down to the police station & watch people try & get there driving license.

Originally Posted by Fred2

I would love to buy a trailer, but as you cannot buy a tow bar & ball trailers are not a big seller.
Lots of pig trailers here on big trucks & small trailers on bikes that are held on by rope. The only bike trailer I have seen is owned by the Harley dealer & the tow bar was imported. Not sure if you can rego a trailer here? As sam said if you want a good laugh go down to the police station & watch people try & get there driving license.

Many thanks for the reposnse Fred.

Tow bars will be a problem so we'll be installing those as well.

A good idea to do a full range of trailers too.

I figure if boat trailers are registered then box treailers should not be a problem.

One thing for sure, this black duck I will not be going to the Police Station to register trailers.

Only one thing worst than a Bali que and that is a Politician, bureaucrat or a copper who wants me to stay for a few hours while he works out his income suppliment fees.

Maybe I just give him 100k for Expediated Processing Fee and be done with it.

Thank you
Steve

I think by the time you import all the things you need to build the trailer & tow bar the cost will be too much. But I would love to see a 1.5lt avanza with 8 people in it towing a box trailer stacked 15 foot high, I wonder which will break first the car or trailer?