- Joined
- Jul 18, 2016
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- 1,649
Anyone know what this is all about? Just Bali or the whole country? Is it legal?
Thanks for your post, appreciated.It is not new, and is naitonwide. You must own 1.25 billion Rupiah in shares of at PT PMA in which you are not a Director, or 1.00 billion Rupiah shares of a PT PMA in which you are a Director. This entitles you to a 1 or 2 year KITAS, extendable, and after 3(?) years can be changed to KITAP.
Does an Investor KITAS Allow You to Work in Indonesia?
According to the BKPM of Indonesia, a director of a company on an investor KITAS can work as long as the following criteria are satisfied:
However, a different condition applies to a commissioner of a company. According to our inquiry to the Ministry of Manpower, a commissioner can work with Investor KITAS. However, if you as investor expect to take a very active role in your company business, we highly recommend you to position yourself as the main director or the second director. In general, a commissioner is expected to have a less active role and involvement in the daily operations of the company.
- All tasks handled by the director shall fulfill the scope of the company’s business activities
- The company provides equal opportunities to all Indonesian to make a living.