- Why Indonesia?
- Diagram: bkpm.go.id
Indonesia is your investment destination. Abundant natural resources, a young and technically trained work force and a large and growing domestic market, combined with an improving investment climate and a higher global profile, are just a few of Indonesia’s salient strengths. With stability firmly planted after 17 years of vibrant democratic rule, Indonesia’s vast economic potential is primed for takeoff. Invest in remarkable Indonesia.
- Why Binka?
- We at Binka Consulting have many years of personal experience in managerial and directorial roles, and bring our skills and knowledge to work on your behalf. Despite the many opportunities for capital spending, mutually beneficial projects and commercial ventures in Indonesia, visitors often have an interest, but do not follow through because of unresolved questions or confusion. Our guidance helps to answer those questions and to eliminate risk and uncertainty for our clients. We provide professional counsel to those who wish to have dealings in Indonesia.
- Our Relationship with the Government – We have a vast network of contacts as well as a close working relationship with the numerous government departments and ministries in Indonesia, such as:
- Capital Investment Coordinating Board (BKPM)
- As the primary interface between business and government, BKPM is a ministerial level agency mandated to boost domestic and foreign direct investment through creating a conducive investment climate.
- BKPM has multiple functions ranging from being an investment promotion agency, a regulatory body as well as the agency in charge of approving investment planned in Indonesia.
- BKPM is the first entrance for foreign investors planning to do business in Indonesia.
- Several regional governments have established a regional investment office in a response to provide a better service to domestic and foreign investment.
- Ministry of Laws and Human Rights
- The Ministry of Laws and Human Rights is a government body which has the authority to approve the establishment of a limited liability company in Indonesia.
- In addition to that, it has also the authority to implement government affairs in the field of law and human rights, guide and coordinate the implementation of ministerial duties and administrative services and implement applied research and development, education and specific training and preparation of legislation.
- Ministry of Trade
- The Ministry of Trade’s role is to facilitate, encourage, enhance and promote the commercial sector and activity in Indonesia by acting as a service and support structure for the domestic and international commercial and trading sector.
- Directorate General of Taxes (DGT)
- As one of the government agencies responsible for collection of State Revenue under the Ministry of Finance, the Directorate General
- of Taxation has three main functions:
- Executive function, namely to collect taxes and ensure the compliance of taxpayers.
- Legislative function, to issue regulations, implement tax laws and provide an interpretation of tax laws made by a separate agency under the Ministry of Finance.
- Judiciary function, to handle any tax objection to a tax assessment.
- Directorate General of Customs and Excise
- Similar to the Directorate General of Taxation, the duties and functions of the Directorate General of Customs and Excise are closely related to collection of State Revenue from import activities such as collection of import duties.
- Environmental Control Agency
- The government is now paying more attention to environmental protection. In this regard, the Environmental Control Agency was formed to coordinate and control the environment including corporate governance, conservation and disaster mitigation and environmental capacity development.
- A company wishing to carryout certain activities would have to obtain an Analysis of Environmental Impact certificate from this agency, which is also formed on a regional or provincial level.
- Ministry of Manpower
- The Ministry of Manpower has authority as a regulatory body and has the aim to enhance good corporate governance and to support the growth of employment opportunities in Indonesia.
- This ministry also grants work permits to enable a company to employ expatriates in Indonesia.
- Directorate General of Immigration
- The Directorate General of Immigration monitors the immigration flows and grants entry visas for expatriates entering Indonesia. This Directorate also grants stay permits for expatriates working and residing in Indonesia.
- We guarantee client satisfaction and provide additional advocacy services if required.
- The process of company registration in Indonesia can be done in three ways:
- A representative office
- Local company
- Foreign direct investment as a limited liability company (also called PT PMA)
- Diagram: bkpm.go.id
Need more detailed explanation? Don’t hesitate to contact us.
PT. BINKA CONSULTING
Jl. Sunter Karya Utara IV Blok G2 No. 24, Sunter Agung, Jakarta Utara – 14350, INDONESIA
Telp: +6221 65300481, 6505522
Fax: +6221 6401095