Thread: Questions about requesting IMB PMA and Melati hotel licence

Thanks TJ - please could you post your agent's contact details?

Originally Posted by T.J

Heres some info about PMA's from my agent;

PMA Indonesian Foreign Owned Company - This Indonesian company formation can be registered in the name
of a non Indonesian citizen and offers the foreign national direct ownership and director title. The PMA company is a
limited liability company and offers limited liability protection for foreign national director. The PMA company awards
full ownership, full business rights and full asset ownership directly to and in the name of the foreign national director.

Main Pros & Cons: PMA Indonesian Foreign Owned Company - $6,500.00 ($6,000.00 if prepaid)
This fully foreign owned company formation offers limited liability for the director/s. A PMA can sponsor six foreign
nationals to work and conduct business on behalf of the PMA company and within permitted company authorizations.
PMA sponsored foreign nationals can enjoy immigration Indonesia work and resident privileges in Bali and Indonesia.
The PMA company owners, investors, directors and any sponsored foreign nationals can obtain kitas or working visa
issued directly from the foreign owned company. Depending on certain criteria and activity kitas visas can be avoided.
Time needed for fully complete PMA Indonesian foreign held company formation is fourteen weeks. However we can
commence proceedings and complete the PMA company formation before the foreign investor/s even arrive in Bali or
Indonesia for final signing of contracts. Full and total payable charges for a foreign held and controlled PMA company
are US$6,500.00. Our PMA foreign owned company formations are large (full scale) and fully registered in both Bali,
Jakarta and able to operate Indonesia wide. The approved and permitted Bali business activities are limited and defined.

NOTE: Due to new government Indonesia regulations as of July 2007 some defined PMA (foreign owned) companies
now must partner with an Indonesian national who must hold a share in the company stocks. We however use a legal
name-only partner to enable full compliance and still ensure total control & protection for the foreign national client.
Some defined PMA business activities have not been effected by the new government regulations. We can still produce
a 100% fully foreign owned PMA company for certain defined business operations. A PMA company seeking rights to
conduct Import/Export orientated business activities can still be fully 100% foreign owned without additional contract.

According to the Negative Investment list, a hotel/guesthouse would have a maximum foreign ownership of 51% - please correct me if I am wrong?

Thanks

D

Originally Posted by Mickey

Hi Hugo,
I have been following your posts for the last 2 weeks and it feels like i m watching Jail Break. :)
i m really happy for you and that you came so far with your plans and seeing them developing starting in 2009 with the idea of the guest house till your last post with the PMA/Land/Resort and IMB.
you have inspired me in a way ! *op een dag zal het zijn vruchten afwerpen *
and also a lot of thanks to spicyayam, matsaleh, Ronb and all the others that have contributed to this post with their valuable comments and advices.

If i can make a conclusion:
To start a small resort (8 rooms) business in Bali you need to apply for a PMA.
with the PMA you can :
-Get a KITAS.
-Rent or buy a property (Land/Villa)
My questions:
1/ Are you allowed as a Direct Foreign Investor to 100% own your PMA for this line of business? If not what is the max percentage that you can own?
2/ can you please explain step by step how to get the license for the PMA, costs involved and time?

Thanks in Advance for your valuable answers,
Mickey

Originally Posted by buj4ngg4nong

according to the Negative Investment List ( President Decree Republic of Indonesia Number 111 Year 2007) a hotel/guest house a maximum foreign ownership of 50% ,so u need an Indonesian partner and a nominee agreement to secure ur investment. but a PMA in Hotel consultant would have 100% foreign ownership, regarding the zoning u must check it

A pondok wisata and hotel melati license can only be in an indonesian name. When you setup a PMA you have to get a * license, so different category

Hi HeerHugo...any update about your project?