Hi all,
I love Indonesia and think of relocating there and run a restaurant or a tourist business. As options seem to be limited to setting up a new company or taking over an existing one, I would like to ask those who run a business already about their experience. Recently I've been offered to buy a PMA with a "nominal" setup with a formal Indonesian shareholder involved for 51%. Those who went through this and would like to warn, advise or encourage me on this - very welcome here or via PM.
PS: I've already got a number of contacts among accountants and immigration consultants, so no need for further referrals here. But some real experiences would be very much appreciated!
Thanks in advance!
I love Indonesia and think of relocating there and run a restaurant or a tourist business. As options seem to be limited to setting up a new company or taking over an existing one, I would like to ask those who run a business already about their experience. Recently I've been offered to buy a PMA with a "nominal" setup with a formal Indonesian shareholder involved for 51%. Those who went through this and would like to warn, advise or encourage me on this - very welcome here or via PM.
PS: I've already got a number of contacts among accountants and immigration consultants, so no need for further referrals here. But some real experiences would be very much appreciated!
Thanks in advance!