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Indonesia's Positive Investment List (PIL), established under Government Regulation No. 5/2021, defines which business sectors are open to foreign dir
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Bali Zero handles visas, company setup, tax and property compliance in Indonesia. Ask us directly on WhatsApp.
Chat with Bali Zero on WhatsAppIndonesia's Positive Investment List (PIL), established under Government Regulation No. 5/2021, defines which business sectors are open to foreign direct investment through PT PMA (Perseroan Terbatas Penanaman Modal Asing) structures. The PIL replaced the previous Negative Investment List, shifting Indonesia's approach to a more open, priority-based framework aligned with the Omnibus Law (UU Cipta Kerja No. 11/2020). Under this framework, most sectors are presumed open unless explicitly restrict
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