Indonesia company registration guide for foreigners (2026)
Kevin Tan
Foreign Client Director
Most “how to register a company in Indonesia” articles online are quietly out of date — written against pre-2025 rules. If you’re deploying capital in 2026, the regulatory ground has shifted in three ways that matter, and getting the current version right is the difference between a smooth setup and a blocked account. Here’s the 2026 picture.
What changed for 2026
1. Paid-up capital dropped 75% — but with a lock-up. BKPM Reg 5/2025 cut the minimum paid-up capital for a PT PMA from IDR 10 billion to IDR 2.5 billion. The catch is a 12-month lock-up: that capital can’t leave the company account for a year unless spent on genuine operations, evidenced by quarterly LKPM reports. The minimum investment plan (over IDR 10 billion per KBLI per location) is unchanged. See the capital rules explained.
2. KBLI 2025 replaced the old classification. Business-activity codes were split, merged and renumbered and tied to the risk-based OSS system. A code that worked in 2020 may not map cleanly now, so your KBLI and ownership needs to be checked against the current structure.
3. The 18 June 2026 migration deadline has passed. Existing companies had to migrate their OSS profiles to KBLI 2025 by that date. If you’re buying or inheriting an existing entity, confirm it migrated — many didn’t, and now have blocked OSS accounts.
The current step-by-step process
- KBLI & ownership check — confirm your codes, the foreign-ownership ceiling and risk level.
- Name reservation via Kemenkumham AHU (Latin, three words).
- Notary deed (Akta Pendirian) — shareholding, capital, directors, commissioners.
- Legal-entity approval (SK Kemenkumham).
- Tax number (NPWP).
- NIB + licences on OSS-RBA (Standard Certificate or full Licence by risk level).
- Bank account + capital injection (IDR 2.5B minimum, then the lock-up clock starts).
Realistic timeline with complete documents: 4–8 weeks.
What a 2026 setup should include
A registration that ignores the new rules is half-finished. A complete 2026 setup also plans your Investor or Work KITAS, sets up your LKPM reporting before the first quarter closes, and structures your spending so the capital lock-up is satisfied rather than tripped. That’s the version we build — tell us your plan and we’ll map it: PT PMA Company Setup.