PMA Office

[Minuteman]

Hi folks.

Early this year my agent informed me that PMA companies would no longer be allowed to operate using virtual offices. So I went looking for some rental property.

I have recently paid a 2 year rental for office space near where I live. The move requires the usual paperwork, notary and such.

I just received news from my agent that the notary is holding the paperwork pending a new law soon to be regulated saying that PMA companies must OWN their office property. Hmmm...

This has not been finalized yet so might not be an issue but if it becomes reality then will be a big problem for me.

Anyone have any info on this?

 

[Smallworld]

saying that PMA companies must OWN their office property

Does this also apply to representative offices?

 

[jstar]

.
In fact, a foreign entity (PT PMA) can only have a right of use (Hak Pakai) or right to build and own (Hak Guna Bangunan), a construction.

Next weekend I will meet the notary so I might know more about any possible new regulation. Perhaps others have heard anything?

 

[kroshka]

I doubt this is the case that you need to buy your own, however it seems you need to live up to requirements to your "office address". Same goes for representative offices, the latest I read is that it must be located in an "high rise office building" - virtual office is not accepted, as far as I know.

 

[centurion]

You have to pay in the subscribed and paid in capital 60 days after notary deed of incorporation now.Maybe he thought on that?

http://www.cekindo.com/update-from-...w-regulation-on-capital-submission-proof.html

 

[Zavia]

How high is high rise?
And we must own it? Thats new... anyone can link sources?

 

[kroshka]

I have no idea how high a high rise bulding is... but as far as I understood you cannot get registered in a ruko located somewhere in the kampung.. nor have a representative office in Gading Serpong if you wish so.. A general Representative Office (KKPA) has to be located in the capital city of the province

 

[Minuteman]

What I know is that the PMA office has to be in a commercial area, have an IMB and taxes paid up to date. Never heard that it had to be in a high rise building. But for sure, the virtual office deal is no longer allowed.