3-HOUR INVESTMENT LICENSING SERVICE

A BREAKTHROUGH IN INDONESIA’S ECONOMIC PACKAGE

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Since 2012

Investing in Indonesia is getting faster and easier now. Since January 2016, the Investing Coordinating Board (BKPM) has launched a Three-Hour Investment Permit service for investors.

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The service is part of BKPM’s One-Stop Integrated Service (PTSP) program, which will allow prospective investors with a minimum investment of IDR 100 billion (US$7.33 million) and/or absorb a workforce of more than 1,000 people to have their preliminary permits.

The whole investment license process took only 3 hours at the BKPM office. The investor is supposed to receive eight preliminary permit documents including a principal license, tax ID and work permits (RPTKA and IMTA), deed of establishment, include the land-booking letter issued by the Ministry of Agrarian and Spatial Planning.

The process to get the permits is much shorter now. Before this service launched, the  maintenance  of three principal permission to invest in Indonesia, like  permits investment principles, Deed of Establishment and Taxpayer Identification Number (TIN) takes up to 11days.

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SEVERAL DETAILS TO BE CONSIDERED: Planned value of investment at least IDR 100

billion. and / or absorbing at least 1.000 local workers Application must be submitted directly by at

least one candidate of the proposed company shareholder

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No Product type Requirements Information

1 Investment License

1. A valid passport, if the individual foreign participants

2. Article of Association, if the foreign participant companies

3. ID card and Tax ID, when the individual participant Indonesia

4. Deed and attestation Menkumham, when participants Indonesian companies

5. Flowchart of the production process for industrial business field

BKPM

2 Deed and its endorsement

1. Passport (Foreign Shareholders people)2. ID / NPWP (individual shareholders Indonesia)3. Article of Association (Pemegnag shares of foreign

companies)4. Deeds + TIN (Indonesian company shareholders)5. Name of the Company to be formed6. Purpose and Objectives7. Name of Shareholders8. The composition of the percentage of share

ownership9. The composition of the Board of Directors and

Commissioners10.Limitation of authority of Directors and Notary11.Investment Permit12.Tax ID company to be formed

Notary

For additional information, when it comes to PTSP Centre at BKPM, besides shareholder (all or one of them), it must also be present in charge of the PT that will be established in Indonesia (Commissioner and Director) is intended for the maintenance of Tax ID and more licenses (TDP, API, RPTKA, IMTA, etc.) in the Central PTSP BKPM requiring the identity of the responsible PT to be established in Indonesia.

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PT. Cekindo Bisnis GrupMenara BCA Grand Indonesia 50th fl

Jl. MH. Thamrin No. 1Jakarta Pusat 10310, Indonesia

info@cekindo.com/ +6221 580 6889cekindo.com

Why Cekindo?

PT. Cekindo Bisnis Grup is a market entry consulting firm in Central Jakarta, providing one-stop

services to assist foreign companies from various industries in expanding to Indonesia and beyond

Our main services, include Business Set Up, Business Process Outsourcing, and Local

Representation; more info on www.cekindo.com

Our dynamic multinational team based in Jakarta to understand the local market and utilize our

extensive network to support our client’s business and operation in Indonesia

PT. Cekindo Bisnis GrupMenara BCA Grand Indonesia 50th fl

Jl. MH. Thamrin No. 1Jakarta Pusat 10310, Indonesia

info@cekindo.com/ +6221 580 6889cekindo.com

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