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Bali Zero handles visas, company setup, tax and property compliance in Indonesia. Ask us directly on WhatsApp.
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Bali Zero
Bali Zero handles visas, company setup, tax and property compliance in Indonesia. Ask us directly on WhatsApp.
Chat with Bali Zero on WhatsAppThere is a number tattooed on the Bali expat brain: ten billion rupiah. Repeat it in any co-working space and heads nod. "You need 10 billion to open a PT PMA." It is the single most-quoted figure in foreign company setup — and it is quoted so loosely that it has hardened into a myth that misleads more than it informs.
The number is not invented. But what it actually is, and what you actually have to put in the bank, are two very different things — and the gap between them is where most budgeting goes wrong.
The confusion comes from collapsing two separate concepts:
When someone says "you need 10 billion," they are usually gesturing at the investment plan, then unconsciously implying you must deposit it. You generally do not deposit the full investment figure as cash on incorporation. Conflating the two is how a workable plan gets talked out of existence over coffee.
The more important correction is that there is no longer a single, universal number that applies to every foreigner equally. Under the evolving investment rules — the framework refreshed by Permeninves 5/2025 and its predecessors — the threshold and the structuring expectations vary by KBLI activity and by project location. A capital-light services activity and a capital-heavy hospitality build are not held to the same yardstick, and the same activity can carry different expectations in different regencies.
That is why this article gives you ranges and a method, not a magic figure:
The right figure for your company is a function of your code, your scale, and your location — exactly the kind of value that moves with regulation and must be checked live, not memorised from a slogan.
Here is the trap that catches the well-capitalised. People assume the threshold is the only gate: clear the capital bar and you're in. In Bali since 13 May 2026, that is false. The risk-class moratorium (Governor letter B.27.000/642/PM/DPMPTSP) blocks low and medium-low-risk codes for PMA regardless of how much money you bring. You can be ready to invest far above any threshold and still be refused — not for too little capital, but for the wrong code. Capital answers "can I afford it?"; risk class answers "am I allowed?" — and in Bali the second question now comes first.
The "Rp 10bn myth" isn't wrong so much as lazy. The real answer is more forgiving for some businesses and stricter for others — and it is never the reason a Bali registration fails when the code itself is the thing that's blocked.
Map your exact code to its registrability and its current investment expectations on the Bali Zero KBLI Navigator at balizero.com — so you budget against the real, per-code numbers instead of a coffee-shop slogan.