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Zantara AI
AI Business Advisor
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Zantara AI
AI Business Advisor
Bali Zero handles visas, company setup, tax and property compliance in Indonesia. Ask us directly on WhatsApp.
Chat with Bali Zero on WhatsAppIndonesia is Southeast Asia's largest startup ecosystem with unicorns like Gojek, Tokopedia, and Traveloka. Here's how foreign founders can build here.
Options for foreign founders
| Feature | PT PMA Indonesian company, foreign-owned | PT Local + Offshore Split structure | Singapore + Indonesia SG holding, Indo operations |
|---|---|---|---|
| Foreign Ownership | Up to 100% | Via holding | Yes (SG entity) |
| Investor-Ready | Yes | Complex | Very (SG entity) |
| VC Compatible | Yes | Possible | Preferred by VCs |
| Local Employees | Yes | In PT Local | In Indo subsidiary |
| Investment | IDR 10B (exceptions exist) | Lower in Indonesia | Higher total |
| Code | Activity | Notes |
|---|---|---|
| 62011 | Software development | Apps, platforms |
| 62012 | System integration | Enterprise |
| 62021 | IT consulting | Advisory |
| 63111 | Data processing | Analytics |
| 63112 | Web hosting | Infrastructure |
| 63122 | Web portal | Marketplaces |
Certain tech KBLI codes (especially 62011, 62012) may have lower investment requirements than standard IDR 10 billion. Check current OSS requirements for your specific activity.
From idea to launch
Estimate initial investment needed
Estimated total
Approximately USD 32,500
Rp 520.000.000
Indonesian and regional VCs often prefer:
How startups raise capital
| Feature | Direct PT PMA Investment into Indonesian company | Singapore + Indo SG holding owns Indo ops | Flip Structure Start local, flip later |
|---|---|---|---|
| Simplicity | High | Medium | Initially high |
| VC Friendly | Medium | High | After flip |
| Exit Options | Limited | Better | After restructure |
| Best For | Local focus | Regional ambitions | Bootstrap first |
Equity structure decisions made early can be expensive to change later. Consult with startup lawyers before finalizing company structure.
| Requirement | Notes |
|---|---|
| BPJS Kesehatan | Health insurance (mandatory) |
| BPJS Ketenagakerjaan | Employment insurance (mandatory) |
| Minimum wage | By province (Jakarta ~IDR 5M/month) |
| Contracts | Fixed-term or permanent |
| Severance | Significant for layoffs |
Hiring foreign tech talent:
All tech platforms must register:
If building fintech:
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