The company has a long history in Indonesia, dating back to the late 19th century. The company was initially established in 1872 under the name Nederlandsche Indische Assurantie Maatschappij (NIAS). It was one of the first foreign insurance companies to operate in Indonesia. After the World War II, the company’s name was changed to PT Indonesian drilling PT Apexindo Pratama Duta Tbk is putting a strong emphasis on projects in Indonesia, with plans for upstream oil and gas and geothermal services to be executed in 2021. Established in 1984, PT Apexindo Pratama Duta Tbk is the only Indonesian drilling contractor with offshore and onshore drilling capacity for oil and gas Key requirements for PT PMAs. Here are the key requirements for company registration in Indonesia: At least two shareholders. As long as even one share is owned by a foreign shareholder the company is considered a PT PMA. Many business classifications (KBLI) are in the Negative Investment List (DNI) which limits the maximum allowed foreign What is the minimum capital to establish a foreign-owned company (PT PMA) in Indonesia? To establish a foreign-owned company, known as a “Penanaman Modal Asing” (PT PMA) in Indonesia, there are specific capital requirements to be met: 1. Minimum Capital. The minimum capital requirement for a PT PMA varies depending on the business sector. Establishing a foreign investment company, or PT PMA is the preferred structure for companies looking to have a legal presence in Indonesia. BKPM Reg 4/2021 will come into effect from June 2, 2021. Exceptions to additional investment requirement. There is an exception on additional investment when the company is engaged in selected business Artha Global Partindo is a distributor supplying Genuine Car Spare Parts based in Jakarta, Indonesia which has been established since 1994. We have been well known for 24 years in supplying Genuine Parts for in Indonesia for domestic market. Then in 2014 expand our company to a bigger sector to satisfy the wholesale needs internationally PT Sumitomo Indonesia is a leading trading company (so-called "Sogo Shosha"). We are an integral member of Sumitomo Corporation Group, headquartered in Japan, a key player in the global exchange of goods, service and technology, which owns a global network of multi-faceted subsidiaries. Consequently, PT Sumitomo Indonesia is also supported by Rofy Fadhly Pranoto Lawfirm. Your Corporate Lawyer. $1,000+. $50 - $99 / hr. 2 - 9. Jakarta, Indonesia. Service Focus. 80% Business Consulting. Our company is needed in both good and bad situations in life, and we do whatever we can to make all cases a good experience no matter the subject. Listed below are the leading companies in Indonesia by revenue as of December 2023. With $748.2M in revenue, Sanken is ranked first on the list, followed by PRAMITA Lab with $543.6M in revenue and Galva Technologies with $165.8M in revenue. Find additional information about some of the biggest companies in Indonesia such as their contact Having served thousands of global entrepreneurs and companies in Asia Pacific, Europe, and North America, Incorp Indonesia’s team of experts will ease the process of business setup in Indonesia for you. From business process and outsourcing to compliance and secretarial services, our team is ready to make business registry and operations in wfCGj.