Company Setup in Indonesia has gotten popular among foreign business owners in recent years. Most of investors consider Indonesia as a prime location for business expansion. As the fourth most populated country in the world, Indonesia has also risen as one of the strongest economies in Southeast Asia. As we recover from the Covid-19 pandemic, more foreign companies are being established in Indonesia. 

Company setup in Indonesia: Reasons why

There are several main reasons why company setup in Indonesia become popular. Firstly, the involvement of Indonesia in various trade agreements with other countries which enables the opportunity of fruitful partnerships and new business allies. Second, Indonesia’s economy is constantly rising, especially its internet economy, which has grown substantially. Third, Indonesia has an emerging middle class with high potential not only as workers but also as consumers of products and users of services,

With all the potential advantages of doing business in Indonesia, it’s no wonder that setting up a company in Indonesia sparks interest for many parties. Meanwhile, It is worth noting that the Indonesian government is fully supportive regarding foreign investments. However, there are regulations in effect that must be followed.

Things to Consider on Company Setup in Indonesia

Before setting up company in Indonesia, here are the most important things to consider:

1. Types of Company for Company Setup in Indonesia

There are several types of companies acknowledged by the laws in Indonesia:

1. Individual companies, this type could be an excellent option should you wish to be the sole owner. In a company of this form, you will have rights over all the revenues obtained by the company. However, you will also be responsible for all the risk and potential loss
2. Firm (Firma), this type of company puts a great emphasis on the active collaboration between the stakeholders. The main characteristic is that all stakeholders have equal responsibility in paying off company debts
3. Limited Partnership (Persekutuan Komanditer), this type of company offers more flexibility, specifically it allows a division of roles between an active partner that is in charge of all things related with the company and a passive partner which is only storing the capital.
4. Limited Liability Company (Perseroan Terbatas), this is the most common type of company for large businesses. For foreign companies, they will be under the name of PT PMA (Perseroan Terbatas Penanaman Modal Asing). As a type of company, it has a clearly defined structure and more secure terms. Other than PT, another common way taken by foreign companies is to simply establish a representative office in Indonesia.

2. Legal Documents

As a country adhering to law supremacy, an establishment of any company must be verified with the existence of legal documents. The process of setting up foreign companies in Indonesia requires plenty of documents, here are the key documents for a company setup in Indonesia:

• Deed of Establishment
• Business ID Number
• Tax ID Number
• Building Permit

3. Funding

Establishing a company, especially in a foreign country, may not cost you pennies. But in Indonesia, the minimum amount of paid-up capital for foreign companies stands at IDR 10 billion.

4. Market Research

Market Research is a process of determining the viability of a new product or service conducted with potential customers. Conducting market research is useful so that the company can discover the market demand, main competitors, export and import stats, distribution chain, and several other information.

5. Recruitment

Upon setting up your company in Indonesia, you will inevitably need employees to help with your day-to-day operations. With more than 200 million population, the country represents one of the largest talent pools you could imagine. Furthermore, the prediction is that in 2030, Indonesia will acquire a demographic bonus which means that the working-age population is significantly higher than the young people and the elderly. In theory, this could be super beneficial for companies, considering there will be more talents available at your disposal. Headhunter service and executive search service can be good options for this.

How can Double M help?

There are many things to consider for a Company Setup in Indonesia. However, with Double M’s help, we will be able to prepare legal documents, conduct market research and recruitment process that will help your company.

Brand Registration in Indonesia is one of the most important steps to elevate your brand’s value in Indonesia. A brand is defined as a name, term, design, symbol or any other feature that differentiates one seller’s products or services from those owned by other sellers. Having your own brand is crucial to build brand identity and make it recognizable to potential customers. 

In the modern era, the usage of branding directly affects the performances of a certain brand. Terms like brand communication or brand loyalty have emerged as important aspects when you are selling your products or services.

Before competing with hundreds of other brands, it is hugely important for you to register your brand in Indonesia. Brand registration in Indonesia is organized by the Directorate General of Intellectual Property Rights, which operates under the Ministry of Law and Human Rights.

Why You Should Register Brand in Indonesia:

1. Increase Business Value

In the digital era, more businesses are emerging. In a hugely saturated market, registering your brand makes it easier for your customers to recognize your products or services in a short amount of time. A registered brand can also be an intangible asset which could be valuable some time down the line. A strong, widely recognized brand will help increase the value of your business.

2. Legal Protection

Having brand registration in Indonesia gives you legal protection which applies according to the corresponding laws and regulations. First, it gives you exclusive rights to produce and distribute products and services under your brand. Should anyone ever attempt to use your brand without permission, you will be able to file a lawsuit for trademark infringement

3. Brand Recognition

Registering your brand legally is the first step towards building brand awareness and eventually developing brand loyalty. If your potential customers can easily identify your brand, it will be easier for you to generate revenue. Furthermore, registering your brand also grants you the right to use the ® symbol. You will obtain the ® symbol once you have successfully completed your brand registration or trademark registration procedures. Not only to your customer, the symbol will also help you obtain the trust from your potential partners because obtaining it increases your brand’s validity. 

How can Double M help?

Brand registration in Indonesia is important to elevate your brand’s value. Double M can help you complete the registration procedure efficiently.

Fintech Company in Indonesia has been thriving for quite sometime. Financial technology, commonly abbreviated as fintech, is a new form of technology that aims to disrupt the usage of traditional financial methods in providing financial services. Generally, there are four pillar areas of fintech: Artificial Intelligence, Blockchain, Cloud computing, and big data. Most people know Fintech in Indonesia for their usage of smartphone technology for mobile banking, investing, loan services, and cryptocurrency. In recent years, fintech companies are growing larger in Indonesia, both in numbers and revenues.

Reasons Why Fintech Company in Indonesia is Thriving

Here are 5 reasons why fintech company in Indonesia is thriving:

1. High Demographic, High Internet Usage, Low Bank Usage

With a population almost reaching the figure of 280 million, Indonesia is the fourth most populous country in the world. Around 204 million, or 70% percent of the population are active internet users. Considering the fact that fintech is internet-based, it makes Indonesia such a fertile market for these enterprises to invest in.

During the peak of the Covid-19 pandemic in 2020, about 129 million Indonesian used e-commerce and conducted transactions which amounted to IDR 266 trillion in total transaction value. As the most popular form of online payment these days, fintech companies are reaping the benefits of this upwards trend.

According to the e-Conomy SEA Report conducted by Google, Temasek, and Bain & Company, it was stated that 92 million Indonesians are unbanked, meaning they do not have any bank account at all, while 47 million are underbanked, meaning that they have a bank account but do not have access to credit cards as form of payment. This is an enormous opportunity for fintech companies that provide internet banking and digital payment services. 

2. Government Support

Law and regulation compliance often become a tricky obstacle in the financial sector. Strict laws and regulations are there to protect the consumers. In Indonesia, the government realizes the needs for an inclusive financial system. That is precisely why every fintech in Indonesia operates under the license, authorization, and guidance from the OJK (Financial Services Authorities). The Minister of Finance, Sri Mulyani also reaffirmed the intent of the Indonesian government to support the optimization of fintech company in Indonesia. Apart from easing regulations, the Indonesian government also collaborates alongside fintechs for the distribution and sales of Surat Berharga Negara (National Securities). The government also struck a deal with fintech companies to distribute cash relief for at-risk citizens during the peak of the Covid-19 pandemic.

3. Huge Investment

Investment is an instrumental factor for the success of a company, and fintech company in Indonesia is no exception. According to Statista, global fintech financing went from USD 59.2 billion and almost quadrupled to USD 320.2 billion in 2021. This upward trajectory is also evident in Indonesia which is constantly rising. In 2018 there were 46 fintech financing being done with a total valuation of USD 300 million.

A year after, the number of deals increased to 65 with a total valuation of USD 700 million. In 2020, the number of deals went down to 57 with a total valuation of USD 500 million, this could be seen as the impact of the Covid-19 pandemic.

After the temporary downfall, the numbers substantially increased to 97 deals worth USD 1.6 billion in 2021, tripling the previous numbers. Throughout the first half of 2022, the number of deals went down to 51 but the total valuation increased to USD 1.8 billion. This constant growth in investment shows the confidence of the market to the Indonesian fintech ecosystem. As Indonesia progresses closer in its quest to become one of the world’s biggest internet economies, fintech company in Indonesia will reportedly continue to prosper and excel.

4. SMEs

The Conversation suggests that there are more than 60 million SMEs in Indonesia. They contribute to 60% of the country’s economy and absorb 97% of the workforce. This shows that SMEs are one of the linchpins of the country’s economy, However, only 12% of them were able to get financing or bank loans. The Covid-19 pandemic made the situation worse, considering approximately 50% or 30 million SMEs were closing because demands are diminishing. This becomes a huge opportunity for fintech company in Indonesia, especially for those operating in loan services/P2P lending. With millions of SMEs looking to bounce back, the fintech ecosystem will be back to its absolute peak.

How can Double M help?

Fintech company in Indonesia play a huge part in Indonesia’s economy. Double M can help you establish your own fintech company or link you with existing fintech company for business matchmaking.

Startup Company in Indonesia is generally defined as a company in the first stages of operations. Startups are commonly founded by one or more entrepreneurs who want to develop products or services which they believe can solve an issue or fulfill a demand in the location they are based in. These days, startups are also commonly associated with advanced usage of technology in their operations, more specifically the use of the internet as a means of distributing their products or services to their target market. 

Startup Company in Indonesia

In Indonesia, startups have emerged as the biggest players and it’s not an overstatement to call them the anchor of the country’s economy. This is due to the fact that currently, Indonesia has 9 startups successfully reaching unicorn status (valued above USD 1 billion) and 2 startups reaching decacorn status (valued above USD 10 billion). This means that Indonesian startups have managed to put the country on the map and go toe to toe with the biggest startups in the world. 

For foreign investors, establishing a startup in Indonesia is definitely an exciting prospect. In this article, we will explain the reasons why you must establish a startup in Indonesia.

Why Establish Startups in Indonesia

1. Size of Economy

Indonesia’s internet economy is currently thriving, growing with an average rate of 49% since the year 2015. These numbers have positioned the country as the biggest internet economy in Southeast Asia. It is projected that the valuation of Indonesia’s internet economy will pass USD 130 billion by 2025. Among the big players in this sector are e-commerce, online travel, online media, and ride-hailing. The glooming effects of the pandemic doesn’t seem to affect the Indonesian startup landscape. Investors are still quite comfortable injecting their funds to Indonesian startups.

According to DailySocial, there were 71 funding transactions involving startups in Indonesia during the second quarter of 2022, with a valuation estimated to exceed USD 1,4 billion. In terms of the nominal, it recorded an USD 300 million increase from the previous quarter. Furthermore, it is also reported that around 17 Indonesian startups received more than USD 50 million funding during this period. These numbers highlight the immense potential of the Indonesian startup ecosystem

2. Amount of Internet Users

According to a 2022 report by DS Innovate, Indonesia boasts an amount of 204,7 million active Internet users. That accounts for 73.7% of the population. Considering the fact that almost every startup is counting on the usage of the internet to advance their operations, it is no wonder that Indonesia emerged as a huge market for them. By investing in Indonesia, they have the opportunity to market their products and services to the large majority of the population.

According to the e-Conomy SEA 201 Report, the Indonesian e-commerce market represents nearly 50% of the region’s total market size.

3. Government Assistance

When you’re establishing a startup in a foreign company, the local government will always be an important stakeholder. Upon your startup’s inception, you must be sure to follow all the laws and regulations in regards to company establishment. In Indonesia, the government does not just sit back and watch, but rather offers support for emerging startups. In the first parts of this article, we mentioned the amount of decacorns and unicorns in Indonesia. These details were actually brought up by the President of Indonesia Joko Widodo in his annual speech in front of the People’s Consultative Assembly. In his speech, the President also reaffirmed his government’s commitment to fully support up and coming technology-based startups.

Through numerous Ministries, the Indonesian government also made real efforts and programs in support of startups in the country. For example, the Ministry of Communications and Informatics facilitated early stage startups with incubator and accelerator program which aimed to help the companies get on their feet. The Ministry of Research and Technology offered funding and special coaching for startups in relation to the use of technology. Indonesian governmental organizations such as the Financial Services Authority (OJK) is also around to oversee the operations of startups in P2P lending, crowdfunding, insurance technology etc. 

4. Plenty of Issues Need Solving

Around the world, startups are hugely successful because they typically serve one purpose: to solve real life problems. In Indonesia, that is also the case. Ride-hailing startups like Gojek were built upon the people’s need of vehicle options that can be summoned anytime and anywhere. That being said, it is fair to conclude that the key for successful startups is to know exactly what problem they are trying to solve. In Indonesia, many startups are already established to solve recurring issues but problems still persist. 

One example is road traffic. In Indonesia, especially in Jakarta, traffic jams have become a common sight that has been going on for years with seemingly no solution in sight. On the way to and from work, the traffic will be so jammed that it’s taking hours off people’s lives on the road. It also has a direct knock-on effect on the productivity of the people.

Another huge problem is misinformation. In the era of technological advancement, information spreads at such a quick rate that it is no longer feasible to differentiate truth from lies. Misinformation, also commonly known as hoax, has dangerous implications because it could spark unwanted conflicts among groups in the society. Furthermore, the country is also facing serious data breach issues which are discovered to have sold precious consumer data in exchange for money.

All these problems have one thing in common:  there’s no existing startup in Indonesia that has the capabilities to tackle and solve these problems. This represents demands that are waiting to be met. For prospective startups still in ideation stage, these aforementioned problems could be the centerpiece for the start of their endeavors. 

5. Relatively Low Cost of Living

As a lower-middle income country, the cost of living in Indonesia is substantially lower than Western countries. Living in Jakarta, the capital city, is 60% cheaper than living in New York or London, 40% cheaper than living in Berlin, and 50% cheaper than living in Melbourne. Compared to its neighbors, living in Jakarta is over 50% cheaper than living in Singapore. You can find accommodation at very cheap prices, apartments and hostels prices vary and lots of options are at your disposal, especially with the emergence of accommodation mobile applications. Eating out is also very affordable. With less than 10 USD, you can easily afford 3 meals per day.

In terms of establishing a startup, the usual foreign company establishment charges a fee of around 675 USD, all-in. In terms of workplace, the common choice is to rent separate office spaces in buildings. Recently, the emerging trend is to use co-working spaces. Using co-working space is more cost-effective than traditional office spaces. For investors, cost of living is also an important thing to consider. With significantly lower cost of living, you can allocate more of your funds for your investment. 

6. Ease of Hiring Talents

With the country expected to become the biggest online economy in the region by 2025, the demand for high quality talents in the startup industry has risen higher than ever. New and emerging fields like AI, DevOps, data and programming are becoming popular discourse and young talents with these skills on their repertoire are also increasing.

If you establish your startup in Indonesia, you will have the opportunity to recruit local talents with soft and hard skills in fields like e-commerce, data analysis, fintech, and machine learning. Furthermore, it is worth noting that top universities in Indonesia are now implementing the Kampus Merdeka program. In this program, final year students have opportunity to do an internship that relates with their majors. Many of these students chose to do their internships in startups. With this type of program, it is hoped that the best young talents in Indonesia will be accustomed to the work culture of highly-performing startups. After they graduate, they could potentially go on to work at your startup and perform at a high level. 

How can Double M help?

If you have decided to establish a startup in Indonesia, there are multiple procedures that you must go through. At Double M, we offer all the services you could possibly need starting from company establishment, obtaining work permits, recruiting the best talents and many more.

As the world’s fourth largest population, Indonesia is a potential market for foreign investors to dive in. According to TradingEconomics, foreign investment in Indonesia (excluding investment in banking and oil and gas sectors) jumped to an amount of 39.7% year-on-year to a record amount of IDR 163.2 trillion (USD 10.89 billion) up until the second-quarter period of 2022. This is a 31.8% growth from the previous period and recorded as the greatest rise in the past decade. This is a phenomenal achievement considering the fact that the country and the rest of the world are still recovering from the effects of the Covid-19 pandemic.

Why Invest in Indonesia?

As a foreign investor in Indonesia, deciding where to invest plays a big part in your success. Pick a wrong place, and you gain the risk of investment loss. Pick the right one, and your business could exponentially grow larger and larger, thus giving you the platform to expand even more. To further convince you to invest in Indonesia, here are our picks of the 6 reasons why Investors must choose Indonesia:

1. Economic State

Indonesia’s economy is the largest in Southeast Asia and one of the most emerging market economies in the world. A proud member of the G20, Indonesia is an industrialized country. It is the 17th biggest economy in the world by nominal DP. In recent years, large numbers of internet-based startups, some of which have emerged as the world’s leading decacorns, have been supporting the economic uprisings in Indonesia. In the year 2025, it is projected that the worth of the internet economy in Indonesia will pass the USD 130 billion mark. The Indonesian economy relies on its thriving and vibrant domestic market.

2. Political Stability

A country’s political situation has a huge effect on the success of investment. In the simplest terms, a country in the middle of a full-blown conflict or war would never be an ideal spot to invest in, because it would put the investor in huge jeopardy. The first indicator of political stability is corruption within the political system. It is no secret that Indonesia has had to endure infamous corruption cases by political figures in the past. However, continuous efforts are constantly pursued by the country’s anti-corruption commission, KPK, alongside the police force in order to eradicate corruption to its very core. The second indicator is government management. In this regard, the Indonesian government has been able to maintain the quality of regulations they produce, navigating the country through the worst periods of the pandemic.

One of the most discussed laws, the Omnibus Law, is also deemed favorable for foreign investors. In terms of democratic accountability, the high usage of social media has enabled the people to voice their aspirations. This also increases accountability of the government. Any violation or unlawful practice could be made viral on social media, prompting immediate action from the authorities. Speaking of authorities, the police and military in Indonesia are doing an excellent job to protect law and order. Furthermore, there is a rule in place barring active members of the police/military to be involved in electoral politics. All these factors mentioned above show that the political landscape in Indonesia is stable and won’t disrupt your investment.

3. Investment Climate

The arrival of the Covid-19 pandemic has threatened the success of investments in Indonesia. To tackle this problem, Minister of Investment and Chairman of Indonesia Investment Coordinating Board (BKPM) Bahlil Lahdalia proposed several recovery strategies. First is to follow-up on stalled investments and initiate large scale investment. The Minister wants Indonesia to be more proactive and ask the investors what their problems are and offer help to solve it. Second is to compile a map of regional investment potential. This is done to list and compile all the potential areas for investment within the Indonesian territory and package in a proper way. It is hoped that this strategy will help attract investors to put their funds in Indonesia. Third, is to assist foreign investment relocation in Indonesia. 

4. Natural Resources

Indonesia as a country is blessed with the abundance of natural resources. The mining industry, which is commonly signified by extracting oil and gas, brings in roughly one-tenth of the nation’s GDP. By exporting and charging tax for them, it helps the country obtain more earnings to finance their own development. Fossil fuels such as petroleum, coal, and natural gas also make up a huge chunk of the country’s revenue. They are largely extracted from Sumatra and Kalimantan. In Indonesia, the ownership of natural resources and the right to process them are owned by the government.

Foreign investors work alongside government-owned companies under a production-sharing scheme. Foreign companies act as contractors and processors of the resources, using their facilities and supplying capital when necessary. Through the halfway point of 2022, the mining industry takes up 11,2% of the total of foreign investment, which accounts for USD 2,4 million. Ever since the country’s inception, natural resources have been the lynchpin of Indonesia’s economic progress and consistently stayed as a profitable industry which makes Indonesia even more appealing as a country to invest in.

5. Demographics

In 2030, Indonesia will reportedly acquire a demographic bonus which means that the working-age population is significantly higher than the young people and the elderly. In theory, this could be super beneficial for the economy. When the workforce increases, the economic growth and national prosperity will be significantly higher. For foreign investors, this could be good news.

Investing in Indonesia during demographic bonus means you could collaborate with high quality work forces. The Indonesian government will try and create as many job opportunities as possible. One of the best ways of doing this is to create a business environment that is friendly for potential investors. With more investors in the country, it should increase the amount of job opportunities up for grabs. 

6. Global Influence

As the only Southeast Asian country in the G20, it is clear to see that Indonesia has a prominent role internationally. Earlier this year, Indonesia had the honor to assume the presidency for G20. Through the “Recover Together, Recover Stronger” theme, Indonesia hoped to become a catalyst and role model for the rest of the world. In a time when we still have countries going to war against another, Indonesia would like to to remind the value of collaboration and partnership.

As the world collectively bounces back from the pandemic, Indonesia also hopes to push productivity in all sectors. For foreign investors, investing in Indonesia means you are on a partnership with a country with a fast rising economy.

How can Double M help?

If you have decided to invest in Indonesia, there are multiple procedures that you must go through. At Double M, we offer all the services you could possibly need starting from market research to company establishment.

Tax System in Indonesia – Before the inception of the Integrated Information System, the Indonesian government faced the obstacle of not being able to gain information about the flow of cash and goods. Recently, there is a problem regarding the export quota for Crude Palm Oil (CPO). Furthermore, information regarding the flow of cash and goods is also important since it directly affects the intensification of the country’s income, which is tax. 

To further integrate the information system, the government has tried several solutions. First, introduce the Automatic Exchange of Information (AEOI), an information system to help the tax matters of companies in the banking, stock market, insurance sectors. Second, involving the National Land Agency (Badan Pertanahan Nasional) and Notary to gain information regarding the ownership of tax-mandatory properties such as land and building. Third, involving the Regional Revenue Department (Dinas Pendapatan Daerah) and One-Stop Administration Services Office (SAMSAT) to gain information on the ownership of tax-mandatory objects, specifically cars, motorcycles, and other vehicles. Fourth, mending the Law of Value-Added (VAT) Tax, done by changing some of the goods/services that are not previously VAT Tax objects into VAT Tax objects.

New Rule in Tax System in Indonesia

With the inception of the Rule Number PER-03/PJ/2022 in the tax system in Indonesia, the Directorate General of Tax is trying to introduce the use of ID Number (Nomor Induk Kependudukan) in order to oversee the flow of cash and goods. With this newly introduced rule, the government will be able to identify the tax-mandatory income of Indonesian citizens, specially those who are yet to acquire a Tax ID Number (NPWP). 

In the rule it is mandatory for taxable employers (Pengusaha Kena Pajak), as the providers of taxable goods (Barang Kena Pajak) and taxable services (Jasa Kena Pajak), to list information such as name, address, Tax ID number (NPWP), and ID Number (NIK) on a Tax Invoice. If the taxable employers fail to provide this information, they could potentially receive an administrative sanction, which is a 1% fine deducted from the tax base value (Dasar Pengenaan Pajak). 

From the side of the recipients of taxable goods and services, they have to be more careful when it comes to either doing transactions or reporting their expenses and revenues. Every transaction involving taxable goods/services that are not final consumption or direct consumption, is considered to have business purposes. In this situation, it is more likely for the nearest Tax Office to ask questions regarding the revenue and income source of the taxpayer.

Changes on Tax Invoice Regulation

The following are the changes on regulation regarding Tax Invoice in accordance with the Directorate General of Taxes Rule Number PER-03/P/2022. First, The information that must be on the Tax Invoice regarding the handover of taxable goods/services to the recipients are name, address, Tax ID Number, and ID Number. Next, the name, Tax ID number in the Tax Invoice must be the exact match with the name and Tax ID number registered on the SKPP. 

Meanwhile, the address must be a match with the registered taxable goods/services. Furthermore, you must upload the electronic Tax Invoice (E-Faktur) on the 15th of each month. Taxable employers whose all/parts of business endeavors involve the handover of taxable goods/services to final consumers via electronic trades. Finally, taxable employers who do not report their Tax Invoice will get an administrative sanction which is a 1% fine.

How can Double M help?

The government is updating the tax regulations in order to track cash flow more efficiently. Double M strives to keep you updated about the ever-changing regulations. Should you have any inquiries, please contact us.

Electronic Visa on Arrival Indonesia – Following the successful introductions of Visa on Arrival (VoA) and Second Home Visa, the Indonesian Directorate General of Immigration plans to introduce the all-new Electronic Visa on Arrival (EVoA). The authorities have conducted full scale trials of the EVoA alongside its new payment gateway. On Friday (4/11), Indonesian representatives serving as Immigration Attachés abroad were the first ones to conduct a full scale trial of the system, arriving at Soekarno-Hatta International Airport at 10.40 p.m. local time. 

The successful trial means that the system is fully ready for launch on Wednesday, 9 November 2022. The introduction of the EVoA coincides with the G20 Conference on 15-16 November 2022. 

Electronic Visa on Arrival (EVoA) Indonesia Requirements

1. EVoA applicants must pay a fee of IDR 500.000 and will be granted a stay permit of 30 (thirty) days in Indonesia for purposes such as tourism, government visits, business meeting, goods purchasing, and transit. You also have the option to extend the stay for a further 30 days. 
2. Your passport must be valid for at least 6 months from the day you enter Indonesia for a EVoA with a 60-day stay duration
3. eVoa can be used 90 days at the latest after the payment is completed.
4. EVoA will be implemented gradually, prioritizing applicants arriving in Soekarno-Hatta International Airport, Jakarta and Ngurah Rai International Airport, Bali. 
5. For now, EVoA will be available for citizens from 26 countries. You can view the list of countries here.
6. You can process the EVoA through molina.imigrasi.go.id 
7. You must write down the document number exactly as displayed in the passport or identity card (ID card)
8. You must write down the “expiration date” or “valid until” as displayed in the passport or identity card (ID card).

Electronic Visa on Arrival (EVoA) Procedures

1. Apply

To apply, you must visit the molina.imigrasi.go.id and register for an account. You will have to fill in the following details: personal information, passport information, and account information (the email and password you used to register on the website), and upload your latest color softcopy photo file, with the face facing forward, size 4 x 6 cm with a resolution of at least 400 x 600 pixels, and a maximum file size of 200 KB in JPEG, JPG or PNG format.

2. Payment

After filling your personal details, you must pay a service fee of IDR 500.000 through the payment gateway which includes credit cards and debit cards with Visa, Mastercard, and JCB logos. 

3. Download

Upon the completion of your payment, you will be able to download your EVoA. The visa will be electronically linked to this Passport. The visa is only valid if you are traveling to Indonesia with this passport.

The introduction of EVoA is there to provide ease of access for foreign visitors to visit Indonesia. With this system, foreign visitors can complete their visa applications before their departure or while on transit. Visitors will also avoid the hassle of finding money changers since payment gateway will convert the currencies automatically. The hope is that with this policy, more visitors will come to Indonesia. 

How can Double M help?

Electronic Visa on Arrival Indonesia application has several procedures. With Double M’s help, you can obtain your EVoA with no hassle.

The food and beverages industry in Indonesia is one of the most highly regulated industries. Various licensing from various government bodies are required to be able to sell or distribute food and beverages products in the Indonesian market (as well as but not limited to cosmetics, medicine, and complementary products). Before carrying out the import and distribution process, the related industry must first have a product distribution permit issued by BPOM, called BPOM ML/MD Number.

Responsibilities of BPOM (National Agency of Drug and Food Control):

• Issue product distribution permits and certificates in accordance with standards and requirements for safety, efficacy/benefit, and quality, as well as drug and food testing in accordance with the provisions of laws and regulations.
• Conduct intelligence and investigations in the field of Drug and Food control in accordance with the provisions of the legislation.

Code Labels of Product Registration in Indonesia

• Code ML, which is granted to processed food and beverage products derived from imported products, either directly or repackaged. Valid for 5 years and can be renewed. 
• Code MD, which  is granted to large capital food and beverage products tacitly considered to have the competence to comply with the food safety requirements set by the government. Valid for 5 years and can be renewed. 

Pre-Registration Documents and Data BPOM ML Number registration:

• Letter of Appointment from the Principal/Manufacturer.
• CFS certificate from the Principal/Manufacturer.
• GMP Certificate from the Principal/Manufacturer.
• Master of Formula from the Principal/Manufacturer.
• Label and Packaging Design from the Principal/Manufacturer.
• Halal Certificate from the Principal/Manufacturer (if applied).
• Importer documents: NIB, SIUP, Commercial License, NPWP, Location Permit, and Import License.

How can Double M help?

Double M can help you in several areas including but not limited to food and beverage registration, medical device registration, and cosmetics registration.

On Tuesday, 25 October 2022 the Indonesian Directorate General of Immigarion officially launched the Second Home Visa Policy. This policy is on the Circular Letter Number IMI-0740.GR.01.01 of 2002 about Visa and Limited Second Home Stay Permit. The introduction of his policy was just before the commencement of the 17th G20 Heads of State and Government Summit at Bali in November 2022.

Speaking to the press on Tuesday (25/10), the acting General Director of Immigration Widodo Ekatjahjana explained that the policy was made in order to attract more international tourists to Indonesia. The policy is seen as a necessity in order to improve the tourism sector in Indonesia. 

The subject of the policy itself is foreign citizens (Warga Negara Asing) or former Indonesian citizens (ex-WNI) who aspire to stay and contribute to the Indonesian economy. The recipients of a Second Home Visa can choose to stay in Indonesia for 5 or 10 years. It is also important to note that this policy is effective 60 days after the issuance of the circular letter. The application can be submitted online (visa-online.imigrasi.go.id) with the following requirements:

1. Valid passport with at least 36 months left before expiry
2. Proof of fund, in the form of bank account owned by other foreigners or guarantor worth at least IDR 2 billion or equal
3. Identification photo printed in color, sized 4 cm x 6 cm, white background
4. Curriculum Vitae

Procedures to obtain a Second Home Visa

1. VITAS Application

In this phase, the foreign citizen must apply for the VITAS through the online portal provided by the authorities.

2. VITAS Payment

After the application, the foreign citizen will receive a PNBP payment bill that must be paid within 7 days since it was issued. 

3. VITAS Issuance

After completing the payment, the applicants will get the VITAS electronically on their email.

4. Applicant Arrival

Upon the applicants’ arrival in Indonesia, they will be assisted by the Immigration authorities to convert their e-Visa into an ITAS, which must state the applicant’s domicile in Indonesia during 30 days of their time in Indonesia. 

5. ITAS Application

The applicant must come to the nearest Immigration office to complete the PNBP ITAS payment.

6. Biometrics

Upon the completion of the PNBP ITAS payment, the applicant will collect biometric information such as fingerprints to the Immigration authorities. 

7. ITAS Issuance

The Immigration authorities will process and verify all the collected data. The process is for two working days after the biometrics process.

How can Double M help?

Second Home Visa is a new policy in Indonesia which aims to attract more visitors into the country. Double M strives to help our clients with our immigration services. Should you have any inquiries, please contact us.

Visa on Arrival (VoA) in Indonesia

Visa on Arrival (VoA) is a type of visa that is issued to foreign travelers upon their arrival in Indonesia. This type of visa is eligible for foreign travelers coming to Indonesia for business trips, vacation, and social visits. It is important to note that there are several requirements in order to obtain a VoA.

VoA Requirements in Indonesia

• Passport (ordinary/official/diplomatic) that is valid for a minimum period of 6 (six) months
• A return ticket or a pass for the trip to the next country
• Receipt of payment for PNPB Visa on Arrival worth IDR 500.000 

VoA Registration Procedures in Indonesia:

• Travel to Indonesian airports, seaports, and cross-border ports that offer the service of VoA
• Upon arrival, locate the counter to apply for VoA and follow the queue
• Complete the payment of the VoA
• Continue to the Immigration Counter and show your passport to obtain the stamp.

NOTE: 

• VoA is valid for 30 days since the day of arrival. You can only extend VoA at the Immigration Office of your choice for once. VoA cannot be converted to another stay permit in Indonesia.
• The Indonesian government regularly updates the list of countries whose citizens are eligible to obtain VoA upon their arrival in Indonesia. See the updated list of countries for VoA on tourism purposes.

How can Double M help?

Getting Visa On Arrival in Indonesia is not easy. With Double M’s help, you will be able to find them with ease.